Bombardier Inc. is cutting another 7,500 jobs as the Canadian plane and train maker tries to rebuild profit amid deepening concern about production delays for its flagship C Series airliner and tough competition bearing down on its rail business.
Canada's new mortgage rules risk pushing borrowers deep into the shadow lending market, with brokers set to line up secondary loans with private lenders as a means of circumventing tests on borrowers' ability to repay debt.
The Trudeau government's influential team of economic advisers unveiled a batch of growth-lifting recommendations Thursday that focused on immigration, infrastructure and investment strategies.
A new survey from EY suggests Canadians are becoming less dependent upon their banks as the main providers of financial services. THE CANADIAN PRESS/Sean Kilpatrick.
Ontario has reached a deal to buy hydroelectric power from Quebec in a bid to cut greenhouse gas emissions by replacing some of the province's natural gas-generated electricity.