Standard & Poor's has lowered Ontario's financial rating to A+ from AA-, citing its heavy debt burden and budgetary "underperformance" compared with peers in other jurisdictions.
Toronto-Dominion is the latest major bank to declare a recession in Canada, saying the “balance of probabilities” has tipped in favour of another quarter-point rate cut next week.
LONGUEUIL, Que. - The Jean Coutu Group (PJC) Inc. (TSX:PJC.A) had a $50.6-million net profit in the quarter ended May 30, a 6.5 per cent decline from the same time last year due to a tax provision resulting from a recent judgment by Quebec's highest ...
MONTREAL - Ottawa has softened its anti-corruption rules, reducing the penalties for companies that are seeking government work after being convicted of bribery, money laundering and other offences.
Lelu Island, near Prince Rupert, is where energy giant Petronas plans to build an LNG export facility. Robin Rowland / THE CANADIAN PRESS.