At least two groups of American hedge funds have bought large chunks of Tim Hortons shares recently, a sign the activist investors want to push the company to make major changes to its business, or possibly give up some control over the company.

Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.

Wed Jun 19, 2013 7:36am EDT. OSLO, June 19 (Reuters) - Norwegian oil and gas firm Statoil discovered light, high-quality oil offshore Canada, about 500 kilometres north-east of St. John's in Newfoundland and Labrador, it said on Wednesday.

CALGARY - Alberta's economy is positioned to grow at the top-end of Canada's provincial economic growth rankings in 2013 and lead the country in 2014, says a new report released Wednesday by RBC Economics.

MONTREAL -- Consumer use of technology is transforming media and entertainment companies with almost 60 per cent of their revenues expected to come from digital sources by 2015, a new global survey says.