The Canadian dollar shot above 77 cents US today on strengthening oil prices and a weaker greenback. The loonie rose half a cent to 77.38 cents US in the afternoon, its strongest showing since mid-August.
TORONTO -- Canadian beer giant Labatt Breweries is buying Toronto-based Mill Street Brewery for an undisclosed amount as it looks to gain a bigger stake in the burgeoning craft beer market.
OTTAWA (Reuters) - Overall business sentiment in Canada remains tepid as firms adjust to a drop in commodity prices and a weaker Canadian dollar that helps some and hurts others, according to a Bank of Canada survey released on Friday.
Environment Canada raided one of mining giant Vale SA's Sudbury, Ont., offices on Thursday, investigating allegations that the company violated the Fisheries Act in 2012, the company said on Friday.
SAINT JOHN, N.B. -- People in New Brunswick are being warned about two online trading sites. The Financial and Consumer Services Commission says in a statement that people should be aware of investment solicitations by OneTwoTrade.