TORONTO -- Bank of Montreal (TSX:BMO) says profits dropped seven per cent in its second quarter, as it logged a $106-million charge for restructuring some of its operations.
Air Canada is opting out of federal funding regulations originally designed to give it relief in dealing with a major pension solvency, a move that will allow it to issue dividends and buy back shares.
CALGARY - In one of the first major acquisitions in the Canadian oil patch since the collapse in oil prices, shale giant Crescent Point Energy Corp.
Ontario's government introduced new consumer protecting legislation giving the provinces 1.3 million condo owners new rights to battle boards and unscrupulous property managers.
SAN FRANCISCO - The chief of vanishing-image service Snapchat said the company has a plan for going public with an offering of stock but did not reveal when it might happen.