Canada's main stock index was lower on Thursday as Goldcorp Inc. dived after it reported disappointing quarterly results and got hit, along with other gold miners, by a drop in the bullion price fueled by positive U.S.
Not that it was easy to get to this point. The application TransCanada filed with Canada's National Energy Board on Thursday was jam packed with geotechnical studies, market analyses and notes from discussions with hundreds of communities, First Nations ...
... * Q3 adjusted profit $0.12/shr vs est $0.09/shr. * Q3 revenue up 21 pct at $4.91 bln vs est $4.81 bln. * Q3 profit cut in half on charge for job cuts.
Central banks around the world are giving investors the green light to buy the dollar, which touched a three-week high against its major counterparts after the Federal Reserve ended its bond-purchase stimulus program.
Tim Hortons could face widespread layoffs and strict cost cutting measures if Burger King's parent company takes over the chain, says a study from the Canadian Centre for Policy Alternatives.