TORONTO - Canada's main stock index rose to a one-week high on Tuesday, led by financial shares after one of the country's major banks reported better-than-expected earnings.
FotoliaThe Fraser Institute calculates that visible and hidden taxes would equal to 42.4 per cent of the cash income for an average Canadian family in 2015.
American International Group Inc is in early talks to sell Lloyd's of London Ltd's insurance operations to Canada Pension Plan Investment Board (CPPIB), the Wall Street Journal reported on Tuesday.
Rusoro Mining Ltd (CVE:RML) stock more than doubled on Tuesday after the junior miner announced an international tribunal found in its favour in suit against the Venezuelan government over the South American nation's seizure of its gold projects.
Canada's wheat production will rise more than expected this year, adding to a global glut of the grain, while canola output will probably decrease, according to a government report.