The Canadian dollar closed higher Wednesday as the U.S. currency weakened following the release of weaker-than-expected American manufacturing data.
The coal market has been hit by oversupply and the Chinese steel market has cooled. Above, a plant in China. REUTERS. The Asian owners of a billion-dollar Canadian coal mine are in talks to sell a majority stake of the mine for $2, underscoring the impact ...
CALGARY - TransCanada Corp. (TSX:TRP) said Wednesday it has signed a deal to sell its remaining 30 per cent stake in Bison Pipeline LLC to its master limited partnership, TC PipeLines LP, for US$215 million.
(Adds analyst comments). TORONTO Oct 1 (Reuters) - Auto sales in Canada looked headed toward a record year on Wednesday after a number of automakers broke September sales records.
By John Tilak. TORONTO (Reuters) - Canada's main stock index dropped on Wednesday to a near four-month low as worries about a slowdown in U.S.