Canada's economy weathered the ill effects of the oil slump and a bitter winter better than many experts had feared in January, but economists are braced for more bad news to come as the country navigates through its current economic storm.
Exall Energy, a tiny Calgary-based oil and gas company, went into receivership last week, sunk under the weight of its $34 million in bank debt.
Export Development Canada's loan and insurance portfolio rode the improving fortunes of exporters in 2014, sending profits soaring.
Bombardier Inc. executive chairman Pierre Beaudoin saw his total compensation fall 14 per cent last year as the company froze the base salaries of non-unionized staff and he failed to meet certain performance targets.
SINGAPORE (Reuters) - Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear program would be reached that could allow more Iranian crude into world markets.