The Canadian dollar isn't looking great compared to its U.S. counterpart of late, but foreign governments are buying up more loonies to keep in their currency reserves - a vote of confidence in the loonie over the long run.
TORONTO - The Toronto stock market extended its losses Thursday amid a second triple-digit slide, with resource stocks leading the selloff as oil and metal prices broke through important levels amid worries about a faltering global economy.
Upgrading tracks and terminals while tearing up underused railroads will help Canadian Pacific Railway Ltd. boost train speed and improve service, the company said on Thursday.
Given the continued dominance of coal in the energy mix, particularly in fast-growing emerging giants such as China and India, carbon capture and storage (CCS) could be the most important technology in the fight against climate change in the near term.
Construction work on a new transmission line for western Labrador has been suspended amid signs of another sign of a slowdown in the mining industry.