Canada's main stock index fell at the open on Friday, with heavyweight energy and financials sectors slipping as oil prices lost ground and U.S.
The federal government is maintaining its pledge to reduce Canada's debt as a share of the economy, even as Tuesday's fiscal update will show weaker short-term growth than Ottawa had expected.
Imperial Oil Ltd, Canada's No. 2 integrated oil producer and refiner, reported a better-than-expected quarterly profit as the company's aggressive cost-cutting measures helped cushion the impact of lower oil prices.
Frank Techar, the chief operating officer of Bank of Montreal, is moving into the bank's vice-chair role Nov. 1, triggering a broader executive shuffle at Canada's fourth-largest bank.
With hydro prices on the rise, the Ontario government has been dogged with complaints, particularly from rural residents. Amid the turmoil, the National Post checked in with five ratepayers across Ontario to see how much they pay - and what they're ...