OTTAWA -- Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests.
TORONTO (Reuters) - Canada's main stock index rallied on Tuesday, with heavily weighted financials and resource stocks carrying most of the gains on the back of higher commodity prices.
Weakening global demand and the surge in the dollar are taking an increasingly heavy toll on the US economy, casting further doubt over the outlook for US monetary policy.
Toronto is second only to Calgary when it comes to the size of gap between the richest one per cent of residents and the rest of residents, according to a newly released report.
Saying the city has no other option, Mayor Denis Coderre confirmed Monday that Montreal will dump 8 billion litres of untreated sewage into the St. Lawrence River over a period of roughly a week starting Oct. 18, despite the reservations of Environment ...