Canadian stocks rose on Wednesday to the highest level since October, as Bank of Montreal's results added to a rally among lenders and higher crude prices bolstered the nation's energy producers.
OTTAWA -- The economy will be weaker than expected in the second quarter due to the Alberta wildfires, the Bank of Canada said Wednesday as it kept its key interest rate steady at 0.5%.
The Bank of Montreal said Wednesday it is cutting about 1,850 positions from its workforce as consumers shift more of their banking online and technological advancements allow it to digitize some of its operations.
Billed as Canada's largest defence trade show and decried by protesters as a 'weapons bazaar', CANSEC 2016 gets underway today.
Nanaimo Forest Products Ltd.'s Harmac Pacific pulp mill will pay $135,000 in environmental penalties under the Fisheries Act for a 2013 effluent spill into Northumberland Channel.