By John Tilak. TORONTO (Reuters) - Canada's main stock index jumped more than 1 percent to hit nearly a two-month high on Tuesday, fueled by gains in most major sectors and optimism following positive economic data from Europe.

Bank of Montreal has snagged David Jacobson, the U.S. ambassador to Canada, as its next vice chair. In his new role that begins in October, Mr. Jacobson will be responsible for building key customer relationships and business development.

SARNIA, Ont. - Activists plan to protest in Sarnia, Ont., as a two-day national conference on oil sands bitumen kicks off today. The �Bitumen Adding Value Conference� is meant to bring together industry leaders, experts and decision-makers to discuss the ...

Drivers who brag they're better behind the wheel than fellow motorists could soon get their chance to test their bravado. Technology is allowing motorists to see exactly how good they really are and the insurance industry is keen to see such devices allowed in ...

Emergency crews have contained crude oil leaking from a damaged rail car, according to a Canadian Pacific Railway spokesman. The derailment happened early this morning about 150 kilometres east of Saskatoon.