The Canadian dollar lost 2-1/2 U.S. cents against the U.S. dollar on Thursday as commodity prices weakened and global stock markets were routed.
Canadian officials met U.S. lawmakers on Thursday to ensure any congressional bailout of General Motors Corp, Ford Motor and Chrysler LLC keeps the Canadian side of the automotive supply chain in mind.
Toronto Stock Exchange's main index sank to its lowest level in five years on Thursday as an earnings warning from Toronto-Dominion Bank pounded the financials group and the price of crude slid below $50 a barrel.
Toronto-Dominion Bank said on Thursday that the "dramatic" lack of liquidity in global credit markets will prompt charges of C$350 million ($273 million) for credit-trading losses, reducing its fourth-quarter earnings.
Consumer prices registered their sharpest decline in nearly 50 years in October, dropping 1 percent from September as gasoline prices plummeted from recent high levels, Statistics Canada said on Friday.
Canada will take whatever fiscal and monetary measures are needed to combat the effects of the global financial crisis, Prime Minister Stephen Harper said on Thursday, predicting more economic gloom to come.
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.
Friday, November 21, 2008 2:06 AM