Canadian oil sands producers such as Cenovus and MEG Energy impressed investors in the second quarter as prices of heavy crude rose, but those gains are expected to be short-lived.
Wholesale sales declined 0.5% to $61.4 billion in June following eight consecutive monthly increases. Declines were recorded in five of seven subsectors, led by the food, beverage and tobacco subsector and the motor vehicle and parts subsector.
Dalhousie University's $64-million revamp of its engineering and architecture campus just got a big boost from Irving Oil through a $2.2 million donation by the company.
Shares of Transat A.T. surged 10 per cent on Monday to the highest level since early 2015 after the travel company signalled that it is having a significantly more profitable summer season than it had expected.
An electronic stock board shows the Hang Seng Index at a bank in Hong Kong, Friday, Aug. 18, 2017. Asian stocks are sinking as big losses on Wall Street amid continuing U.S.