(Adds details, comments and background). By Leah Schnurr. OTTAWA May 29 (Reuters) - Canada's economy contracted by the most in nearly six years in the first quarter, with business investment and exports both falling as the country grappled with a slump ...
National PostBank of Nova Scotia, Canada's third-largest lender by assets, also said Friday it plans to buy back up to 24 million shares, or about 2 per cent of its stock, within the next year.
(Adds strategist comment; updates prices to close). * TSX ends down 92.91 points, or 0.62 percent, at 15,014.09. * Eight of 10 main sectors in the red.
Canada is second only to the U.S. in levels of entrepreneurial activity, beating most G7 countries and much of the developed world.
Firefighters battling wildfires in central B.C. are hoping for heavy rain with this weekend's thunderstorms, as the province records an unusually high number of lightning caused fires.