CALGARY • The Malaysian company rumoured to be seeking buyers for its Pacific NorthWest LNG project could struggle to offload its upstream natural gas assets due to the still-unproven competitiveness its operations, one analyst says.
OTTAWA - The Canadian economy beat expectations in July with fresh data showing it expanded 0.5 per cent as the country continued moving away from a contraction earlier in the year.
Gold and materials stocks pushed the Toronto stock market to a slightly lower close Friday, in spite of fresh data showing that the Canadian economy fared better than expected in July.
Canada's main stock index was flat morning trade on Friday as materials stocks slipped, offset by small gains for banking and industrial stocks after data showed surprisingly strong economic growth in July.
It didn't take long for reporter Andy Riga to end up sitting in slow- moving traffic. At this point, he was more bored than anything.