Bank of Montreal has snagged David Jacobson, the U.S. ambassador to Canada, as its next vice chair. In his new role that begins in October, Mr. Jacobson will be responsible for building key customer relationships and business development.

Three years of efforts to protect Canada's boreal forest have ended in failure as negotiations broke down over how much land to set aside for conservation.

TORONTO - The Toronto stock market surged ahead Tuesday following a long holiday weekend, boosted by strong gains in the gold and energy sectors.

Cleanup was underway Tuesday after a freight train derailment in southeastern Saskatchewan in which one of five cars that left the track spilled crude oil.

Enbridge Inc. (ENB), Canada's largest oil pipeline operator, is spending more time seeking public support for new conduits than regulatory approval as opponents of fossil fuel development try to block new routes to market, Chief Executive Officer Al Monaco ...