TransCanada CEO Russ Girling, right, and TransCanada president of energy and oil pipelines Alex Pourbaix announce the company is moving forward with the 1.1 million barrel-per-day Energy East Pipeline project at a news conference in Calgary, Alta.
Canada's main stock index ended higher on Friday, its fourth straight session of gains, as investors saw value in some beaten-down miners and banks that have also been under pressure.
The largest landlord of insolvent Target Canada is in talks with its U.S. parent to try to collect what could be hundreds of millions of dollars of lost rent and other store costs as a result of the retailer's abrupt closing.
Trade ministers were unable to reach an agreement on the Trans-Pacific Partnership, a major international trade deal involving Canada, but talks will continue in the future.
The Canadian Taxpayers Federation says the $100-million provincial and federal investment in Toyota is a “cruel joke on taxpayers,” but the mayor of Toyota hub Cambridge sees it very differently.