The Canadian dollar traded below 75 cents US Friday, for the first time since March. The almost one-cent drop comes partly because of signals from the Bank of Canada - although the central bank is likely fine with a lower loonie.
Bombardier is eliminating 7,500 workers around the world, with roughly 2,000 positions being cut in Canada. But they're hiring 3,700 in countries with lower costs.
Ottawa is launching consultations with the financial industry that could see lenders shouldering as much as 15 per cent of the costs of losses on defaulted mortgages that have government-backed insurance.
Postmedia NewsShell is undergoing a US$30 billion asset divestment program globally and has already pulled back from some capital commitments in western Canada.
Canadian generic-drug maker Concordia International Corp. said on Friday that chief executive Mark Thompson would step down after a replacement is found.