Ontario has shaved $1-billion off this year's deficit as a result of the privatization of Hydro One, lower-than-expected interest on its debt repayments and higher tax revenue than anticipated.
A Suncor Energy executive says the company won't extend its hostile takeover offer for Canadian Oil Sands past its Dec. 4 deadline.
TORONTO (Reuters) - Canada's main stock index edged up on Thursday, helped by a gain in heavyweight pharmaceutical company Valeant and rising material stocks, while energy names slipped in line with a fall in crude oil prices.
EDMONTON - Alberta Investment Management Corp. and the Virginia Retirement System say they have recovered US$204.4 million on behalf of investors in MF Global, the now defunct brokerage firm.
Barclays PLC has been fined �72 million ($145 million Cdn) by British regulators for failing to implement anti money-laundering controls in a series of secretive deals with rich clients.