The Canadian dollar shot above 77 cents US on Friday on strengthening oil prices and a weaker greenback. The loonie was up half a cent to 77.37 cents US at mid-morning, its strongest showing in the last three weeks.
Labatt Breweries of Canada is buying Toronto-based craft beer maker Mill Street Brewery for an undisclosed amount. On Friday morning, Labatt announced it has taken over the Toronto-based craft brewery, which has grown from a small brew pub in 2002 to ...
OTTAWA (Reuters) - Overall business sentiment in Canada remains tepid as firms adjust to a drop in commodity prices and a weaker Canadian dollar that helps some and hurts others, according to a Bank of Canada survey released on Friday.
Environment Canada raided one of mining giant Vale SA's Sudbury, Ont., offices on Thursday, investigating allegations that the company violated the Fisheries Act in 2012, the company said on Friday.
The Canadian dollar is well above the 77-cent mark today, driven higher by commodities and a fizzle in the greenback. The loonie got to about 77.5 cents U.S.