TORONTO (Reuters) - Canada's main stock index fell 2.7 percent on Tuesday, in a broad retreat led by financial and energy stocks as oil prices slumped, weak Chinese data renewed fears of slowing growth, and Canada officially slipped into recession.
Major companies in Canada's energy industry are making another round of deep staff cuts and further shrinking their spending plans as oil and gas players scramble to stay afloat as the year-long commodity rout continues.
MONTREAL -- Transcontinental expects to double its packaging division's revenues after agreeing to buy a company in Brooklyn, N.Y.
WASHINGTON -- Airlines should clearly disclose the cost of change and cancellation fees, as well as the size of the plane's seats, before a passenger buys a ticket, a federal panel said Tuesday.
Housing in Hamilton is becoming less affordable for potential owners of bungalows and two-storey houses, but condo affordability remains relatively stable, according to new numbers released Monday in a quarterly report from RBC.