Eighty per cent of Canadian energy sector firms have cut their headcount in the past two years, and companies that have reduced their staff by an “optimal” 25-30 per cent report high levels of reorganization success, according to a new study.
TORONTO - A new survey suggests Canadians contributed less to their tax-free savings accounts last year, mostly because they didn't have enough money to invest.
Alberta's carbon tax is nearly two months old and it still has little visible impact at the pumps, because prices are quite low.
Consumer spending growth helped bolster Canada's economy in 2016, despite sluggish job growth and wage gains - but swelling household debt will limit that spending growth going forward, the Conference Board of Canada said Thursday.
TORONTO - CIBC will remain disciplined and patient on its efforts to buy a Chicago-based lender, CIBC's CEO said Thursday after Canada's fifth largest bank reported stronger than expected results.