Stephen Poloz is preaching patience. Which is a good thing, because his first speech to the Canadian public as Bank of Canada boss has left us still waiting to hear most of the things we need to know.

Verizon Communications Inc. is looking at a move into Canada's cellular telephone business, one of several possible new entrants whose arrival would salvage the federal government's ambitions for a fourth wireless player across the country.

Canada's largest grocer is trying out a new discount small-store format in a bid to attract more customers in urban areas. Loblaw said it opened the new 10,000-square foot store a few weeks ago in Calgary.

Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.

HALIFAX -- The Imperial Oil refinery in Halifax is being closed and converted to a terminal, in a move that deals the latest blow to Nova Scotia's manufacturing sector.