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.
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.
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.
Toronto's main stock index lost more than 3 percent on Wednesday morning, led lower by oil and gold shares as commodity prices dropped.
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.
Several Canadian base metal miners hit multi-month highs on the Toronto Stock Exchange on Tuesday, as stronger prices and improving expectations for steel demand helped revive some hope for a sustained rebound in the hard-hit sector.
The battle between open source and proprietary software is something that is of real interest, and not just in terms of the $1trillion market that it represents.
Tom Bloch walked away from the corporate boardroom and into an urban classroom in 1995. Today he’s still teaching middle school math at the charter school he helped found.
Serial Canadian entrepreneur Suneet S Tuli explains his plans to bring fast and free internet to the developing world.
Peter Fusaro, the Chairman of Global Change Associates, is a recognized “thought leader” on energy and environmental markets and bestselling author of What Went Wrong at Enron. Exec catches up with this man on the move
Kuala Lumpur forms the most industrialized city in Malaysia. Exec finds out how it has become a metropolitan center.
Wednesday, January 07, 2009 6:40 AM