Royal Bank of Canada is the first major lender to lower mortgage rates after five-year bond yields fell in the wake of a surprise cut by the Bank of Canada last week, according to rate-monitoring websites.
TORONTO - Japanese fashion giant Uniqlo will be making its Canadian debut in 2016 with two large stores in Toronto. As first reported in the Financial Post, the purveyor of colourful apparel basics had been looking to open stores in this country next year as ...
MONTREAL - Bombardier Inc. (TSX:BBD.B) is preparing to sell its Military Aviation Training unit for C$19.8 million to CAE Inc. (TSX:CAE), a Montreal-based company that specializes in training equipment and services.
Economic activity in Alberta is projected to grind to a virtual standstill in 2015 due to depressed oil prices, says a new Provincial Economic Forecast by TD Economics.
MOSCOW, Jan 26 (Reuters) - Ratings agency S&P cut Russia's sovereign credit rating to below investment grade, or "junk" status, on Monday for the first time in a decade.