The dollar has powered to a new four-year high, after the Bank of Japan stunned markets by expanding its asset-buying programme just days after the Federal Reserve ended its own bond purchases.
Canada's gross domestic product shrank in August, an unexpected decline led by oil and gas extractors. Output shrank 0.1 percent to an annualized C$1.63 trillion ($1.45 trillion), Statistics Canada said today in Ottawa, while the median forecast in a ...
OTTAWA - The federal government inched closer to a budget surplus in August as the deficit slipped to about $300 million for the month, down from $2 billion in August 2013.
U.S. and Canadian stock markets were holding onto most of their gains from this morning, when they jolted higher in reaction to unexpected news that the Bank of Japan is aggressively boosting stimulus measures.
Canada's major banks and credit card companies have reached a deal with the federal government to reduce fees charged to retailers for credit card transactions, sources familiar with the negotiations said.