Canada News

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  • Canada November job gains beat expectations

    Reuters – Fri Dec 4, 8:31 am ET  

    OTTAWA (Reuters) - Canada's economy added far more jobs than expected in November, more than erasing the losses in October and suggesting stronger fourth-quarter growth as predicted by the Bank of Canada. Full Story »

  • Canada Liberals soften stance on toppling gov't

    Reuters – Fri Dec 4, 2:46 pm ET  

    OTTAWA (Reuters) - Canada's opposition Liberal Party, softening its position on toppling the minority Conservative government, will side with the Conservatives next week on a key financial vote and thus avert an election. Full Story »

  • Harper warns G20 on protectionism, cites China

    Reuters – Fri Dec 4, 8:39 am ET  

    SHANGHAI (Reuters) - Prime Minister Stephen Harper urged G20 member states on Friday to avoid protectionism, taking aim specifically at China's restrictions on imports of Canadian canola. Full Story »

  • CN Rail, union resume contract talks

    Reuters – Thu Dec 3, 12:08 pm ET  

    OTTAWA (Reuters) - Canadian National Railway Co is resuming labor talks on Thursday with its locomotive engineers after a brief strike, with a one-week deadline to reach a deal on wages, benefits and contract length. Full Story »

  • RBC profit up as domestic gains offset U.S. losses

    Reuters – Fri Dec 4, 10:41 am ET  

    TORONTO (Reuters) - Royal Bank of Canada said on Friday its quarterly profit rose 10 percent as strong domestic banking offset losses at its big U.S. operations. Full Story »

  • Ciena beats Nokia-Siemens to Nortel unit

    Reuters – Thu Dec 3, 1:41 am ET  

    WILMINGTON, Delaware (Reuters) - Bankruptcy courts cleared on Wednesday Ciena Corp's acquisition of a unit of bankrupt Nortel Networks Inc for $769 million after fighting off a legal challenge by Nokia Siemens Networks. Full Story »

  • Landore makes "significant" gold discovery in Canada

    Reuters – Thu Dec 3, 6:51 am ET  

    BANGALORE (Reuters) - Canada-focused Landore Resources Ltd said it made a "significant" gold discovery at its Junior Lake property in Ontario and plans to raise money in the first or second quarter of next year. Full Story »

  • Greyhound scales back bus service in Ontario

    Reuters – Wed Dec 2, 5:52 pm ET  

    VANCOUVER, British Columbia (Reuters) - Greyhound Canada will scale back intercity bus service on several routes in Ontario as it awaits a government report on the future of the industry, the company said on Wednesday. Full Story »

  • CIBC Q4 profit rises 48 percent

    Reuters – Thu Dec 3, 7:18 am ET  

    (Reuters) - Canadian Imperial Bank of Commerce said its quarterly profit rose 48 percent, driven by gains related to its structured credit run-off business, volume growth in retail products and lower trading-related interest expenses. Full Story »

  • Air Canada gears up to expand service to China

    Reuters – Thu Dec 3, 4:40 pm ET  

    OTTAWA (Reuters) - Air Canada said on Thursday it plans to more flights between China and the two busiest Canadian hubs after Canada received "approved destination status," clearing the way for Chinese group tours to the country. Full Story »

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