OTTAWA�Canadian retail sales declined for a second straight month in August, as lower pump prices cut into gas-station receipts and motor vehicle sales fell.
Forget what you've heard: the herd is usually right. However, when it comes to what government bond yields would do this year, the consensus has been very, very off the mark.
The chief executive of Canadian Pacific Railway Ltd. says the industry needs mergers to address the growing threat of rail gridlock, and he wouldn't rule out CP as a takeover candidate.
Stock futures pointed to a lower opening for Canada's main stock index on Wednesday ahead of Bank of Canada's rate decision due at 1000 ET.
In his final hours, Christophe de Margerie was doing what was expected of any modern chief executive officer: representing his company in the globe's farthest-flung destinations.