(Bloomberg) -- A patchy job market and reluctance among lenders to reduce prime rates are adding to forecasts for continued low oil prices to spur bets the Bank of Canada will cut borrowing costs again in March.
TORONTO (Reuters) - Canada's main stock index dropped on Wednesday after the Federal Reserve's positive comments about the U.S.
Facebook Inc. reported quarterly revenue that topped analysts' estimates, fuelled by the mobile-advertising business that the company is now expanding beyond its main social network.
DEBERT- Nation-wide job losses at Tim Hortons corporate offices are being felt in Debert but company officials are being mum on how severe the impact will be.
Cenovus Energy Inc. will defer work on two expansion phases of its core thermal oilsands projects in order to reduce spending below the $2.1 billion that CEO Brian Ferguson said was �committed capital� during its last budget revision a month and a half ago.