MONTREAL - Sun Media is selling its 74 community newspapers in Quebec and associated websites to rival Transcontinental for $75 million as it continues to adjust to a loss of local advertising revenue caused by the digital revolution.
About one third of aboriginal Canadians say they have no trust in oil and natural gas companies, or energy executives, according to a new survey from the University of Calgary's School of Public Policy.
OTTAWA - Rather than cut its near-record-low interest rate and risk aggravating household debt with even easier credit, the Bank of Canada is hoping a lower dollar will spark a pickup in the economy.
Royal Bank of Canada, the country's biggest bank, said its chief executive and president Gordon Nixon would resign next year after more than a decade in the role, as it announced fourth-quarter earnings that beat analyst estimates.
CALGARY - Shares in Precision Drilling Corp. (TSX:PD) dropped Thursday as its largest shareholder, Alberta Investment Management Corp.