WINNIPEG - Manitoba Telecom Services Inc. has agreed to sell its Allstream business telecommunications arm to an Egyptian investment group and use about half of the $405 million in proceeds to reduce its pension obligations and debt.

By John Tilak. TORONTO (Reuters) - Canada's main stock index fell modestly on Friday as fears that the U.S. Federal Reserve will turn off the tap on its stimulus program offset a rise in National Bank of Canada (NA.

TORONTO -- The Toronto Stock Exchange dipped slightly Friday, pulled down by declines in most sectors, particularly gold, but balanced by a 13 per cent boost in shares of Valeant Pharmaceuticals International.

The federal government is threatening "retaliatory measures" against the United States in a dispute over meat-labelling rules that Ottawa and the World Trade Organization consider discriminatory.

With peak vacation season set to kick off, a U.S.-based economic policy think tank has sobering news for Canadians. Among the 21 affluent nations studied by the Center for Economic Policy and Research, Canada ranked third-worst in terms of legally ...