TORONTO -- The Bank of Montreal grew its second-quarter net income by 28 per cent and boosted its quarterly dividend, even as profits in its U.S.
The Canadian dollar was little changed against its U.S. counterpart on Wednesday, holding onto recent gains ahead of an interest rate decision by the Bank of Canada and a possible extension of oil production cuts by major producers.
Construction job sites that remained open despite the launch of a province-wide labour strike became the target of a sudden 'flash mob' of pickets Wednesday, leading many of those workers to lay down their tools around the Outaouais.
Italian coffee conglomerate Lavazza has bought an 80 per cent stake in British Columbia-based Kicking Horse Coffee in a deal that values the company at $215 million.
The federal government is pouring more money into the bug-addled Phoenix payroll system in hopes of getting closer to solving the ongoing boondoggle - and it's blaming the previous Conservative government for the extra cost.