RBC expands in Brazil with asset firm
Royal Bank of Canada , Canada's biggest bank, plans to hire 40 people as it opens an asset management company in Brazil on expectations Latin America's largest economy will grow in years ahead despite the global crisis, a top executive said.
Air Canada and WestJet say planes fuller in December
CALGARY, Canada's two major airlines said on Wednesday their planes flew with higher passenger loads in December as Air Canada cut capacity and smaller rival WestJet Airlines Ltd attracted more travelers despite a weak economy.
Rogers stock drops after analyst's downgrade
Shares of Rogers Communications Inc fell more than 3 percent on Wednesday after an analyst downgraded the stock following the release of weaker-than-expected cable-TV subscriber results.
TSX may open higher as oil rallies
Toronto's main stock index was 2.6 percent lower at midday on Wednesday, led down by oil and gold shares as commodity prices dropped and as a bout of profit-taking set in after six straight sessions of gains.
Canada to see "pretty terrible" start to '09: panel
The Canadian economy is in for a rough ride through the first half of the year and will see little or no growth in 2009 as the recession takes hold, top economists from Canada's largest banks said on Wednesday.
Loonie weakens on oil and U.S. economic data
The Canadian dollar weakened against the U.S. currency on Wednesday morning as the price of oil dropped and bleaker-than-expected U.S. employment data spurred concerns about a deeper recession.