BURLINGTON, Ont. -- Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to start spending.

Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.

Calgary could have up to 30 kilometres of separated bike lanes by the year 2020. That's if all goes according to plan with the city's cycle track project, the first phase of which is the soon-to-be-opened cycle track on 7th Street SW.

Imperial Oil Ltd. will close its 95-year-old Dartmouth, N.S., oil refinery and eliminate most of the 400 high-paying jobs it provides in the Halifax area - victims of too much refining capacity in the Atlantic basin and the high cost of imported crude.

CALGARY - Alberta's economy is positioned to grow at the top-end of Canada's provincial economic growth rankings in 2013 and lead the country in 2014, says a new report released Wednesday by RBC Economics.