An independent investigation has determined the breach of the Mount Polley mine tailings dam in B.C. was caused by a failure to detect a weak layer in its foundation, likening the massive embankment to a "loaded gun.
TORONTO - A published report says the Canadian Imperial Bank of Commerce (TSX:CM) has cut more than 500 jobs over the past two weeks.
Pity the poor loonie. The Canadian currency is on its longest losing streak in 15 years. Shrinking prices for oil, the country's biggest export, have hammered the dollar for months.
TORONTO, Jan 30 (Reuters) - Canada's main stock index edged higher on Friday as a jump in oil and bullion prices pushed up gold-mining and energy shares, overcoming a decline in financial stocks following sluggish U.S.
OTTAWA - The Canadian government says it posted a budgetary deficit of $3.3 billion over the first eight months of the 2014-15 fiscal year - a considerable change from the $13.4 billion shortfall over the same period in 2013-14.