OTTAWA -- Bank of Canada governor Stephen Poloz says he needs to keep interest rates at historically low levels to head off the risk of a deflationary trap that would have dire consequences for the Canadian economy.
Cenovus Energy Inc., a major developer of Alberta oilsands properties, plans to reduce its capital spending by 13 per cent next year to $2.8 to $3.1 billion, it announced Thursday.
TORONTO/WINNIPEG (Reuters) - The Canada Pension Plan Investment Board (CPPIB) said on Thursday it had agreed to acquire the assets of Assiniboia Farmland, a fund that owns and manages a large portfolio of farmland in Saskatchewan, for about ...
TORONTO, Dec. 11, 2013 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") announced today that it has suspended future dividend payments until further notice.
Bombardier Inc. has won a firm order from American Airlines Group Inc. for 30 of its CRJ900 regional jets valued at about $1.42-billion (U.