TORONTO (Reuters) - Canada's main stock index rose on Tuesday as higher oil prices lifted shares of energy producers and the likelihood of stimulus measures from the European Central Bank bolstered broader sentiment.
The stock market had its best day of the year as investors applauded solid earnings from U.S. companies and economic growth in China.
MONTREAL - Canadian National Railway says its net income surged 21 per cent to $853 million in the third quarter as revenues reached a record $3.12 billion.
Canadian Pacific Railway CEO Hunter Harrison still believes in railway consolidation, even though a deal with Florida-based CSX is off.
Attempts to keep fashion retailer Boutique Jacob Inc. open as a smaller chain have failed and the company will begin liquidating stores immediately, the retailer said Tuesday.