(Reuters) - Canadian department store operator Hudson's Bay Co (HBC.TO: Quote) reported a lower-than-expected adjusted quarterly profit due to higher expenses, but same-store sales at its Lord & Taylor chain in the United States returned to growth.
Canada is home to the world's most overvalued housing market, Deutsche Bank says in a new study that suggests overvaluation to the tune of 60 per cent.
Laurentian Bank missed expectations as restructuring costs caused its net profit to plummet 41 per cent to $27.7-million in the fourth quarter of its fiscal year despite an increase in revenues.
CALGARY, Alberta Dec 11 (Reuters) - Encana Corp, Canada's largest natural gas producer, will boost liquids production by 30 percent in 2014 as it moves to execute a plan from its new chief executive to concentrate spending on regions rich in high-value ...
Canada Pension Plan Investment Board, the country's largest pension fund manager, bought a 15 percent stake in ORPEA SA (ORP), a European nursing-home operator.