Canada News

OTTAWA (Reuters) - Trade and employment data showed Canada still mired in recession at the middle of this year, and virtually guaranteed that the Bank of Canada would keep interest rates at rock bottom until mid-2010.

L'AQUILA, Italy (Reuters) - Canada said on Friday it would not have to cut spending or raise taxes to end its budget deficit, but said countries with structural deficits will need to begin thinking about exit strategies.

L'AQUILA, Italy (Reuters) - Canadian Prime Minister Stephen Harper said on Friday he expected Canada's economy to recover fully by the 2010-2011 fiscal year.

L'AQUILA, Italy (Reuters) - Canada, which takes over G8 presidency next year, plans to create a broader forum to accompany deliberations of the eight major industrialized nations, Canadian Prime Minister Stephen Harper said on Friday.

OTTAWA (Reuters) - Canada's opposition Liberals have lost the slight lead in popular support they had over the governing Conservatives and the two parties are now in a statistical "dead heat", a new poll said on Thursday.

VANCOUVER, British Columbia (Reuters) - British Columbia's budget deficit will almost certainly be worse than the forecast C$495 million ($427 million) as the Canadian province's economy continues to sag, Finance Minister Colin Hansen said on Thursday

NEW YORK (Reuters) - A Canadian wealth management firm has won last month's charity auction of a steak lunch with Warren Buffett, in which it agreed to pay $1,680,300 (C$1.97 million) to dine with the world's second-richest person.

TORONTO (Reuters) - Canada will spend about C$5 billion ($4.3 billion) on light armored vehicles for its military, the government said on Wednesday.

L'AQUILA, Italy (Reuters) - Canadian Prime Minister Stephen Harper said on Wednesday that current stimulus packages must be delivered before there can be talk of new stimulus plans.

TORONTO (Reuters) - Atomic Energy of Canada Ltd said on Wednesday it expects its troubled Chalk River nuclear reactor, which produces a third of the world's medical isotope supply, to be off line until late 2009.