Canada's economy weathered the ill effects of the oil slump and a bitter winter better than many experts had feared in January, but economists are braced for more bad news to come as the country navigates through its current economic storm.
Exall Energy, a tiny Calgary-based oil and gas company, went into receivership last week, sunk under the weight of its $34 million in bank debt.
TOKYO (Reuters) - Asian stocks sagged on Wednesday, taking their lead from weaker U.S. shares, while the dollar held to sizeable gains against a euro dogged by nerves over Greek debt negotiations.
TORONTO (Reuters) - Canada's main stock index was little changed on Tuesday as strength in its financial sector was offset by a selloff of miner Teck Resources Ltd (TCKb.
Ask Canadian bank chiefs to name the biggest challenge facing their industry today, and you'll likely get the same response: Disruption from technology companies offering mobile payments.