The Toronto stock market was lower Wednesday as traders hoped that the U.S. Federal Reserve will shed some light on what it intends to do about curbing some of its economic stimulus.
MONTREAL - Orascom Telecom Holding says it's withdrawing an application to acquire control of Wind Mobile Canada, one of the smaller wireless carriers that's seeking to grow into a stronger rival for the country's three main cellphone companies.
TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
TORONTO - An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S.
Grocery giant Loblaw Cos. Ltd. is testing a new discount store in Calgary as it braces for intensified competition from low-cost U.S.