The Bank of Canada says the country's economy will likely shrink in the second quarter, dragged down by the Alberta wildfires and persistently weak business investment.
TORONTO -- The Bank of Montreal said Wednesday it is cutting about 1,850 positions from its workforce as consumers shift more of their banking online and technological advancements allow it to digitize some of its operations.
Ash and soot from the Fort McMurray wildfire has drifted all the way to Europe and could speed the melting of Greenland's ice sheet, says a fire ecologist.
HP Inc., which sells computers and printers, projected profit that may fall short of some estimates while the company looks to reduce expenses in a struggling consumer market.
OTTAWA -- The association representing Canada's defence industry is defending the controversial $15-billion sale of light armoured vehicles to Saudi Arabia by an Ontario company.