Canada’s top securities watchdog ruled that four executives of Sino-Forest Corp. committed fraud through fictitious transactions, inflating the assets and revenues of the once-highflying Chinese timber company.
Canada is working toward cutting a deal with the U.S. to end the latest trade row over lumber before it enters into talks to revamp the North American Free-Trade Agreement, Prime Minister Justin Trudeau said Friday.
Janet Yellen is an unlikely Goldilocks, but the Fed chairwoman has finally chased the three bears away from emerging markets. A jump in EM stocks and currencies after her slightly dovish comments Wednesday offers key lessons.
An online marketplace that sold illegal goods on the so-called Dark Web was shut last week following action by international authorities, according to people familiar with the matter.
Canadian insurer Manulife Financial is exploring a possible IPO or spinoff of its John Hancock Financial Services unit, as life insurers continue to struggle with low interest rates and other challenges to the business.
Canadian new house prices surged for a second straight month in May, driven by gains in the frothy Toronto and Vancouver markets.
In the surest signal yet that the Canadian economy has turned a corner after the oil-price shock, the Bank of Canada raised its policy rate by a quarter percentage point, to 0.75%, its first increase in seven years.
Royal Dutch Shell sold its stake in a controversial Irish gas field for up to $1.23 billion to one of Canada’s biggest pension funds in a deal that will result in accounting losses of as much as $750 million for the Anglo-Dutch energy company.
The Bank of Canada is widely expected to raise its benchmark policy rate for the first time in seven years, signaling the Canadian economy is on the path to recovery after years of tepid growth following the global slump in commodities.
Canadian housing starts rose 9.1% to a seasonally adjusted annual rate of 212,695 units in June, representing a strong rebound in housing activity.
Raging forest fires across British Columbia have led three major lumber producers to suspend production, while more than 14,000 people have been ordered to evacuate.
Publishers are calling on the U.S. Congress to allow them to negotiate collectively with Google and Facebook, as the duo increasingly dominate digital advertising and news distribution online.
Rallying technology shares helped the Nasdaq Composite notch its second straight session of gains. Meanwhile, government bond markets showed signs of stabilizing after a two-week selloff.
A Cogeco Communications Inc. unit has reached a deal to buy the MetroCast cable system for $1.4 billion, as the Canadian cable company expands its share of the U.S. market.
Canadian Prime Minister Justin Trudeau defended his government’s apology and roughly $8 million payment to Omar Khadr, who was captured by U.S. forces in Afghanistan and held at Guantanamo Bay for over a decade.
Canada announced a settlement with Omar Khadr, a Canadian who was held by the U.S. at Guantanamo Bay for over a decade for the death of a U.S. soldier in Afghanistan.
Canadian employment surged for a second-consecutive month in June and the unemployment rate fell, capping off the best quarter of job creation in seven years and setting the stage for a rate increase from the Bank of Canada.
Canadian authorities proposed further measures to tighten mortgage-financing, the latest sign of concern over pockets of overheating in the country’s housing market.