Ontario has shaved $1-billion off this year's deficit as a result of the privatization of Hydro One, lower-than-expected interest on its debt repayments and higher tax revenue than anticipated.
A Suncor Energy executive says the company won't extend its hostile takeover offer for Canadian Oil Sands past its Dec. 4 deadline.
TORONTO (Reuters) - Canada's main stock index edged up on Thursday, helped by a gain in heavyweight pharmaceutical company Valeant and rising material stocks, while energy names slipped in line with a fall in crude oil prices.
Barclays PLC has been fined �72 million ($145 million Cdn) by British regulators for failing to implement anti money-laundering controls in a series of secretive deals with rich clients.
Alberta's public-sector pension manager and its Virginia counterpart have recovered more than $200-million (U.S.) in a class-action lawsuit on behalf of a group of investors against high-flying Wall Street financier Jon Corzine and his defunct futures ...