TORONTO -- The Toronto stock market headed for a lower open Thursday amid a mixed bag of earnings from three of Canada's big banks while traders looked to U.S.
OTTAWA -- Statistics Canada says municipalities issued $7.2 billion worth of building permits in October, up 7.4 per cent from September.
Canadian Imperial Bank of Commerce's profit slipped in the fourth quarter, capping off a year with muted growth. Canada's fifth largest lender reported earnings of $836-million, down slightly from the $852-million it made in the same quarter of 2012.
MONTREAL - Dollarama Inc.'s third-quarter overall sales increased by 14.2 per cent to $522.9 million while comparable-store sales for the national discount chain were up 4.8 per cent.
CALGARY - A partnership that plans to build an oil sands refinery northeast of Edmonton says the cost of the project has risen to $8.5-billion.