TORONTO -- North American markets headed higher today after the chairwoman of the U.S. Federal Reserve said any future rate hikes would come gradually and may actually be held off for a while if economic growth is disappointing.
The Canada Pension Plan's main investment fund made a return of 4.5 per cent in the last three months of 2015, the CPP Investment Board said Wednesday.
Mike Durland, the head of Bank of Nova Scotia's global banking and markets division, has become the latest in a long line of executives to depart the bank.
BP is planning for oil prices to stay low for the first six months of the year and expects surplus production to only start diminishing when storage tanks fill up in the second half.
Amid hopes that Canadian manufacturing will drive economic growth in a country reeling from low oil prices, internal federal documents warn the sector's rebirth is staring at "significant" structural obstacles.