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.
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.
Job losses may be modest in December
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.
TSX may open higher as oil rallies
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.