Canada's gross domestic product contracted by 0.2 per cent in November, as the economy was dragged down by cheap oil prices and unexpected weakness in manufacturing and mining.
TORONTO - Canadian Imperial Bank of Commerce (TSX:CM) has become the latest Canadian bank to trim its head count as it looks for ways to improve efficiency at a time when all of the country's top lenders face a slowdown in consumer borrowing.
The Canadian government says it posted a budgetary deficit of $3.3 billion over the first eight months of the 2014-15 fiscal year - a considerable change from the $13.4 billion shortfall over the same period in 2013-14.
TORONTO - The Toronto stock market chalked up a solid triple-digit advance Friday afternoon despite an unexpected decline in Canada's economy in November as the energy sector ran ahead amid a sharp gain in oil prices.
A panel of geotechnical experts appointed by the B.C. government to investigate the catastrophic collapse of a tailings dam at the Mount Polley copper/gold mine has concluded the accident occurred because of a design failure, and it happened so suddenly ...