Canadian housing prices continued to soar in the second quarter of the year, eroding affordability for buyers even in the face of a falling dollar and weak economic growth.
People walk out of Statistics Canada office building at Tunney's Pasture in Ottawa Thursday July 22, 2010. (ANDRE FORGET/POSTMEDIA NETWORK FILE PHOTO).
Canadian Oil Sands Ltd., the biggest shareholder in the Syncrude oil sands project, said it has halted crude oil production after a fire damaged equipment at its processing facility in northern Alberta on Saturday.
TORONTO (Reuters) - A sharp jump in energy stocks as crude oil prices soared was not enough to push Canada's main stock index into positive territory on Monday.
TORONTO -- Economists say data out this week is likely to show that Canada slipped into a technical recession in the second quarter, but the contraction should be short-lived.