GM will not decide on any new investments in its Oshawa, Ont., manufacturing plant until 2016, its Canadian president said Wednesday in a press statement.
The loonie closed at 79.87 cents US on Wednesday, down about three-quarters of a cent from Tuesday's close. The Canadian dollar's tumble accelerated just after the U.S.
On Wednesday, the Federal Reserve gave out a dual message in a statement it issued after its latest policy meeting. It gave out the idea that Fed will be "patient" in raising interest rates from record lows.
OTTAWA -- Manitoba's unemployment rate would shoot up more than half a percentage point if unemployment on reserves was factored into the monthly calculations, a national think-tank reported this week.
The much-debated $3.75-million deal that lets a construction company off the hook from a hotel requirement for the Winnipeg Convention Centre passed at city council on Wednesday.