The Canadian dollar fell against the U.S. currency on Wednesday as the price of oil tumbled 12 percent on a buildup in inventory and as bleak U.S. employment data raised concerns about a deeper recession.
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.
Canadian employers continued to lay off workers in December but the domestic labor market has yet to feel the full force of the U.S. recession, analysts said on Wednesday.
Biovail Corp has reached a settlement with Canadian stock regulators over an investigation into the company's accounting and disclosure practices, the drug company said on Wednesday.
Toronto's main stock index dropped 3.7 percent on Wednesday as oil and gold shares slid with commodity prices and profit-taking set in after six sessions of gains.
VANCOUVER, Bank of Nova Scotia on Wednesday became the latest of Canada's big banks to announce a preferred share offer to bolster its capital ratio.
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 10:15 PM