MONTREAL -- National Bank, Canada's sixth largest bank, has reported a third-quarter net income of $441 million, up 10 per cent from the same quarter last year as the bank was helped by growth in its wealth management and financial markets services.
Tim Hortons Inc. (THI) bondholders will pay a price if they relinquish their debt under threat of a downgrade to junk because of the doughnut chain's purchase by Burger King Worldwide Inc. (BKW:US).
TORONTO/VANCOUVER - Barrick Gold Corp is eliminating its entire corporate development team and more cuts are in the works as the world's top gold miner looks to trim costs, three sources familiar with the situation said on Tuesday.
Electricity has been restored to about 6,000 customers in Toronto's east-end after a contractor severed a power line during the hottest afternoon of the year.
Highway 99 was to be reopened to two lanes of northbound traffic in time for the Wednesday morning rush hour after the road surface cracked and sank Tuesday, forcing a partial closure of the busy route near the Oak Street Bridge.