Skip to content
Join our Newsletter
Join our Newsletter

Business

Fed's stand pat move sends TSX lower

North American markets finished lower on Wednesday after the U.S. Federal Reserve opted not to take any moves to stimulate the struggling economy. The S&P/TSX composite index was off 46.18 points to 11,618.53 and the TSX Venture Exchange gained 6.
PM pardons renegade farmers

PM pardons renegade farmers

Harper marks end of grain-selling monopoly in Saskatchewan field

Real estate sales take tumble in July

With families heading for the lakes or on summer road trips, real estate activity took its annual nose dive in July with total sales activity falling more than 21 per cent compared with June.

Harper nixes economic meet

A spokesman in the Prime Minister's Office says Stephen Harper won't attend a first ministers meeting on the economy.

Canada's economy disappoints in May

Canada's economy moved back into the slow lane in May, posting a below-expectations 0.1 per cent advance that set the stage for a sub-par second quarter and year. The May gross domestic product figure released Tuesday left April's 0.

Pension plans slip on European debt

Canadian defined benefit pension plans saw their investments slip 1.1 per cent in the second quarter, giving up some of their gains from the first three months of the year, a new report by RBC Investor Services says.

Bell extends Olympic deal

Bell Canada is extending its sponsorship deal with the Canadian Olympic Committee for another four years. That means the current agreement will now run to 2016.

Grocer's profit takes a dive

George Weston Ltd. says its second-quarter profit was down nearly 15 per cent from the same time last year and it expects the full-year 2012 results will be lower than in 2011, mainly due to costs at its Loblaw grocery division.

$2.1-billion expansion for oilsands pipeline

Inter Pipeline Fund announced a $2.1-billion plan to expand its pipeline system after inking a deal with a venture between Cenovus Energy and ConocoPhillips.
Quebec against $1.7-billion bid for Rona

Quebec against $1.7-billion bid for Rona

Quebec has come out swinging against a $1.76-billion bid for Canada's largest home improvement company by U.S.-based Lowe's, which is expected to keep up the pressure to buy Rona despite having its offer rejected.