Canadian stocks opened flat on Friday after a drop in Canadian retail sales in August and cooler-than-anticipated annual inflation in September reinforced speculation the Bank of Canada may lower interest rates again.
Ottawa is launching consultations with the financial industry that could see lenders shouldering as much as 15 per cent of the costs of losses on defaulted mortgages that have government-backed insurance.
Vancouver-based retailer Lululemon has threatened it could move its headquarters out of Canada if federal regulators don't grant them an exemption to the Temporary Foreign Workers (TFW) program.
Ontario has reached a deal to buy hydroelectric power from Quebec in a bid to cut greenhouse gas emissions by replacing some of the province's natural gas-generated electricity.
DavidsTea says chief executive officer Sylvain Toutant is leaving the Montreal-based company to pursue other interests. Toutant says the decision to leave the Montreal-based specialty retailer was difficult to make but the right one from a personal ...