The Canadian dollar posted its biggest loss in a year against its U.S. peer as the nation's annual inflation rate fell in April to its slowest in more than three years, bolstering the case for relaxing monetary policy.

In 2008, Ottawa took bold steps explicitly designed to shake up a wireless communications sector dominated by three big players, determined to give consumers more choice and a break on pricing.

TORONTO - The Bank of Montreal and its U.S. subsidiary have agreed to beef up efforts to combat money laundering after American authorities found its operations in Chicago lacking.

Police in New Westminster, B.C., are warning the public about counterfeit polymer $100-bills that have turned up twice in recent weeks.

OTTAWA - Staff from Halogen Software Inc. rang the opening bell at the Toronto Stock Exchange Friday as the company's shares began trading publicly for the first time, a sign that Ottawa's once-vibrant technology industry may be beginning to rebound.