TORONTO - Stock markets in Toronto and New York were lower Monday as investors prepare for a report from China that will likely show the world's second-largest economy is still grappling with slower growth.
Patent licenses that Nortel Networks Corp. (NRTLQ:US) gave its units were the subject of questioning by judges considering how to divide $7 billion raised when the defunct phone maker was liquidated.
Prices of some Canadian homes are certainly too high, but there is no immediate catastrophe looming for the country's housing market, the head of Canada Mortgage and Housing Corp.
Eager to display the economic dexterity he maintains will bring the province's budget back into balance, Ontario Finance Minister Charles Sousa announced Monday that - �for the fifth year in a row �� the Liberal government had beat its deficit target.
The two largest BC Ferries vessels are going to be running on natural gas by 2018, the ferry corporation announced today. The Spirit of Vancouver Island and the Spirit of British Columbia will both be converted to run on diesel and LNG by 2018.