TORONTO - Bombardier Inc shares plummeted on Wednesday as the Canadian plane and train manufacturer's failed attempt to sell a majority stake in its troubled CSeries jet program exposed the depths of its financial problems.
TORONTO -- A new report on real estate trends says foreign investors may start looking beyond Toronto and Vancouver and begin targeting markets in Montreal and Saskatoon in the coming year.
Canadian Imperial Bank of Commerce says it is targeting cost savings of $600-million by 2019 and will take a restructuring charge of as much as $200-million in the fourth quarter.
NEW YORK (Reuters) - The landmark Pacific Rim trade deal will boost Canada's access to the U.S. sugar market by 19,200 tonnes, a trade group said on Wednesday, making it the second nation to gain greater access to the coveted U.S.
Brookfield Asset Management Inc., Canada's largest alternative asset manager, will create a new publicly traded subsidiary by spinning off a portion of its private-equity arm through a special $500 million dividend.