Relative calm returned to world markets on Friday after a hurricane-force week that gave dollar/yen its biggest smashing since 2008, wiped billions off share prices and saw a stampede into top-rated government bonds and gold.
TORONTO - An Angus Reid Institute online poll has found that most respondents don't support banning Uber, but would like to see the ride-hailing service regulated like much like the taxi industry.
Canada's main stock index rose on Friday as crude oil prices rallied and after U.S. retail sales data provided encouragement. The Toronto Stock Exchange's S&P/TSX composite index was up 149.89 points, or 1.24 per cent, at 12,237.26, shortly after the open.
Canadian oil producer Cenovus Energy Inc. said it may sell up to $5-billion of stock, debt or other securities, a day after it announced a dividend cut, as the company shores up its balance sheet amid a slump in oil prices.
MONTREAL -- Molson Coors Brewing Co. says a sluggish economy and higher food prices are affecting beer drinking in Canada's oil-rich provinces.