While media outlets across Canada are clamouring to warn drivers that gas prices are about to hit record highs, most are forgetting one detail: Gas prices are actually stabilizing, fluctuating less and are nowhere near their record highs.
The Conservative government is throwing a new idea into the heated debate over pensions, launching a national discussion of proposed new plans that share the investment risk between employers and employees.
Proceeds from the bond sale will be used to partly repay loans related to Cnooc's $15.1 billion purchase of Canadian oil-sands operator Nexen Inc. last year.
After something of a Cold War with the Parti Qu�b�cois government, the federal government expects a thaw in relations with Quebec now that the provincial Liberals have been voted into office.
MONTREAL - French train manufacturer Alstom is eliminating about 150 full-time positions, or more than half the workforce, at its Montreal plant as it transfers activities to Europe.