Canada's economy shrank by 0.1 per cent in April as a large drop-off in the value of domestically made goods wasn't offset by a slight increase in output from the service sector.
The Ontario Teachers' Pension Plan says it has an agreement with Cenovus Energy Inc. to acquire it's subsidiary, Heritage Royalty Limited Partnership, in a deal worth about $3.3 billion.
Seventy-five per cent of British Columbian leisure travellers plan to take a trip within the province during the next year because of the low Canadian dollar, according to a new survey by Insights West.
Porter Airlines has agreed to pay a $150,000 penalty for violating Canada's anti-spam legislation in how it sent out certain emails to customers.
(Reuters) - Canadian insurer Sun Life Financial Inc SLF.TO said it would buy investment management company Prime Advisors Inc to expand its asset management portfolio.