Tim Hortons was back in the news this week, first denying, and then admitting that it was laying off hundreds of head office workers.
... * Canadian dollar closes at C$1.2711 or 78.67 U.S. cents * C$ hits C$1.28, or 78.13 U.S. cents, lowest since 2009 * Bond prices higher across the maturity curve By Alastair Sharp TORONTO, Jan 30 (Reuters) - The Canadian dollar touched its weakest level ...
SURREY - Many customers who took a risk on a variable interest rate on their mortgage or have line of credit which are based on the Bank of Canada (BOC) prime rate are angry that the major banks have decided not to pass on the full rate cut by the BOC.
The Toronto stock market chalked up a modest advance Friday despite an unexpected decline in Canada's economy in November as the energy sector ran ahead amid a sharp gain in oil prices.
The fall in oil prices was supposed to boost manufacturing, but manufacturing output has fallen even further than the energy sector, according to Statistics Canada.