Canada's main stock index was headed for its fourth straight day of gains on Friday with the heavily weighted financials and materials sectors leading the way as investors sought value after a bleak couple of months for the market.
RioCan Real Estate Investment Trust is launching a strategic review of its U.S. operations, a process that could lead to the real estate giant selling part or all of its portfolio of properties south of the border.
VANCOUVER - TransCanada Corp is still committed to building the Keystone XL pipeline despite stubborn opposition in the United States that has thrown the $8 billion project into regulatory limbo, the chief executive of the Canadian company said on Friday.
The Canadian Taxpayers Federation says the $100-million provincial and federal investment in Toyota is a “cruel joke on taxpayers,” but the mayor of Toyota hub Cambridge sees it very differently.
CALGARY - Imperial Oil's (TSX:IMO) second-quarter profit plunged 90 per cent from last year to $120 million from $1.2 billion as the oil producer dealt with the sharp drop in oil prices.