WINNIPEG -- Manitoba Telecom Services Inc. (TSX: MBT) has agreed to sell its Allstream business telecommunications arm and use about half of the proceeds to reduce its pension and debt obligations.

TORONTO (Reuters) - National Bank of Canada (NA.TO: Quote) reported a 6 percent increase in its quarterly operating profit on Friday, while also outlining plans to buy back shares and raise its quarterly dividend.

Proposed changes to U.S. meat labelling laws are unsatisfactory and continue to discriminate against Canadian beef and hog producers, Ottawa says, raising the spectre of retaliatory action from the federal government.

At least a half dozen energy companies have come up dry in efforts to attract the rich bids they envisaged when they put oil sands assets on the auction block in the past year, showing downward pricing pressure on a sector touted as the cornerstone of ...

TransCanada Corp. (TRP) won another of the remaining Texas state-court challenges by landowners trying to block construction of the Keystone XL tar-sands pipeline across their property.