Verizon Communications Inc. confirmed on Tuesday that it is considering an entry into Canada's $19-billion wireless market in the wake of a report earlier this week by The Globe and Mail.

Stock market investors in the Persian Gulf are likely to be cautious on Wednesday ahead of the outcome of the U.S. Federal Reserve's policy meeting.

North America reclaimed the top spot with the most millionaires last year, beating Asia as the world's ultra-rich pushed global wealth to a record high, according to a report by Cap Gemini SA and Royal Bank of Canada.

Moncton City Council crossed a major hurdle Monday night in their pursuit of a new downtown arena. Council members voted to purchase the Highfield Square property at a cost of $6.3 million, by a count of eight to two.

A move to cap the number of restaurants and bars on Parkdale's popular Queen Street strip has cleared its first hurdle and is gaining attention as a model for controlling growth in other downtown neighbourhoods.