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.
Canada's main stock index ended higher on Friday, its fourth straight session of gains, as investors saw value in some beaten-down miners and banks that have also been under pressure.
The largest landlord of insolvent Target Canada is in talks with its U.S. parent to try to collect what could be hundreds of millions of dollars of lost rent and other store costs as a result of the retailer's abrupt closing.
Imperial Oil Ltd, Canada's No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices.
MONTREAL - Resolute Forest Products Inc. (TSX:RFP) reported a loss of US$4 million in its latest quarter compared with a loss of $2 million a year ago.