Canadian inflation eased up on the accelerator last month as weaker year-over-year growth in gasoline prices helped slow the annualized rate to 1.3 per cent.
BlackBerry Ltd. fell the most in almost two-and-a-half years after its quarterly earnings report showed surprisingly weak revenue from software, marring what was otherwise shaping up to be a banner year.
There has been another billion-dollar bump in the projected cost of the Muskrat Falls hydro megaproject. The new estimate is $12.7 billion, including financing and other expenses, according to a briefing Friday by the CEO of Nalcor Energy, Stan Marshall.
Larry Richman, left, is president and CEO of PrivateBank and senior executive vice president and group head of CIBC's U.S. region.