TORONTO - The Bank of Canada is likely to start raising its benchmark interest rate in July 2014, a full year before the U.S. Federal Reserve, BMO's chief economist Douglas Porter said Wednesday.
MONTREAL - Orascom Telecom Holding says it's withdrawing an application to acquire control of Wind Mobile Canada, one of the smaller wireless carriers that's seeking to grow into a stronger rival for the country's three main cellphone companies.
TORONTO - An anticipated financial recovery south of the border is likely to help economic growth in Canada, economists said Wednesday, although the U.S.
Market watchers and the financial community will keep a close eye on Stephen Poloz at a speech in Burlington, Ont., on Wednesday, the central bank governor's first public speech since ascending to the top job at the Bank of Canada earlier this month.
Grocery giant Loblaw Cos. Ltd. is testing a new discount store in Calgary as it braces for intensified competition from low-cost U.S.