OTTAWA - The Bank of Canada's benchmark interest rate needs help in shoring up the financial system from growing risks like rising consumer indebtedness, deputy governor Timothy Lane said in a speech Monday.
The two ministries that handed nearly $4 million to Goodwill Industries of Toronto, Eastern, Central and North Ontario (TECNO) in 2014-15 insist to this day the now-defunct agency spent the money for the purposes intended.
Industry watchers say Canada's retail clothing sector is expected to slow in the coming few years even though the battle for luxury shoppers is revving up.
Suncor moved Monday to replace directors and managers at Canadian Oil Sands, the largest owner of Syncrude. Darcy Henton / Calgary Herald.
TORONTO (Reuters) - Canada's main stock index fell on Monday as banking, energy and consumer stocks lost ground, offsetting gains among gold miners as global growth concerns mounted.