Stocks in Toronto and New York fell sharply Monday, as slumping oil prices flustered investors amid growing fears of a global economic slowdown.
Toronto Goodwill CEO Keiko Nakamura says the organization has had long-standing financial problems that she says led to the sudden closure last month of 16 stores and 10 donation centres in southern Ontario.
Fortis Inc.'s $6.9-billion (U.S.) cash-and-stock deal to buy transmission-line owner ITC Holdings Corp. boosts the Canadian utility's presence in the U.S.
By now, any scenarios in which Canada's battered economy is rescued by a sudden upturn in oil prices have largely disappeared from the conversation.
A group that calls itself a non-partisan political watchdog is calling for an independent inquiry into allegations of shadow flipping in Vancouver's booming real estate market.