Europe could look to Canada as a model as the continent tries to avoid a �decade of stagnation,� Bank of Canada Governor Mark Carney said in his last scheduled public speech before taking over the Bank of England.

The U.S. ambassador to Canada will become vice-chairman of one of Canada's largest banking groups after his diplomatic appointment ends in July.

By John Tilak. TORONTO (Reuters) - Canada's main stock index jumped 1 percent to its highest in more than 1-1/2 months on Tuesday, fueled by gains in most major sectors and optimism following positive economic data from Europe.

Cleanup was underway Tuesday after a freight train derailment in southeastern Saskatchewan in which one of five cars that left the track spilled crude oil.

Enbridge Inc. (ENB), Canada's largest oil pipeline operator, is spending more time seeking public support for new conduits than regulatory approval as opponents of fossil fuel development try to block new routes to market, Chief Executive Officer Al Monaco ...