OTTAWA - Canada's trade deficit widened in May to its second-largest on record as exports fell for the fifth month in a row in another gloomy sign for the economy, data from Statistics Canada showed on Tuesday.
TORONTO (Reuters) - Canada's main stock index was lower shortly after the open, as material stocks, home to mining and other resource names, slumped more than 2 percent to lead the market lower.
Home prices in Canada's largest city continue to hit all-time high levels during a record sales pace in June but the Toronto Real Estate Board maintained in its monthly release that there is still affordability in the marketplace.
Lelu Island, near Prince Rupert, is where energy giant Petronas plans to build an LNG export facility. Robin Rowland / THE CANADIAN PRESS.
CALGARY - Don't expect to be paying less for your burgers and steaks any time soon, according to industry experts who cite record-high slaughter prices along with ongoing climate and other challenges faced by ranchers.