Canada's main stock index recorded its biggest single-day drop in about 5-1/2 months on Wednesday after a provisional U.S. budget agreement raised fears the Federal Reserve might begin scaling back its monetary stimulus program soon.
By Solarina Ho. (Reuters) - Hudson's Bay Co (HBC.TO: Quote) cut its 2013 outlook on Wednesday on expectations of heavier holiday discounting and as overall sales were weaker than expected in the third quarter, depressing the retailer's stock 5 percent.
Laurentian Bank of Canada, the country's seventh-largest lender, fell the most in more than two years after posting fourth-quarter profit that missed estimates.
Air Canada, the country's largest airline, is in advanced talks to buy or place options for more than 100 of Boeing Co.'s 737 MAX aircraft, a source familiar with the matter said on Wednesday.
Almost 90 per cent of working Canadians believe the Canada Pension Plan will be an important source of retirement income for them, but a vast majority also report they do not want a mandatory increase in CPP premiums, according to a new poll released ...