The pound declined for a third day versus the dollar after Federal Reserve Chairman Ben S. Bernanke said yesterday U.S. policy makers could next year end asset purchases that have debased the U.S.

Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.

Calgary could have up to 30 kilometres of separated bike lanes by the year 2020. That's if all goes according to plan with the city's cycle track project, the first phase of which is the soon-to-be-opened cycle track on 7th Street SW.

Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.

Economic growth in Alberta continues to look strong for the remainder of this year, according to the latest RBC Economics Provincial Outlook report.