By John Tilak. TORONTO (Reuters) - Canada's main stock index rose on Wednesday to a two-month high, helped by gains across most major sectors on optimism that the U.S.

Ben Bernanke, chairman of the Federal Reserve, is in no hurry to wind down the central bank's asset purchases any time soon - providing few surprises in testimony before the Joint Economic Committee of Congress.

Sears Canada Inc. (TSX:SCC) posted a $31.2 million loss as well as lower revenue in its latest quarter but says its transformation program is showing positive results that have improved margins and boosted some categories.

If you said (a) when it's not really zero growth at all and (b) when it's accompanied by a drop in fuel prices, then you're finding all the right answers in Canada's March retail sales report.

CALGARY - A business owner from Jasper will represent Alberta in the finals of the 2013 BDC (Business Development Bank of Canada) Young Entrepreneur Award.