Canadian economy expands at 2.6% pace in November

The resources sector expanded in November after a slight contraction the previous month. Canada's gross domestic product was 2.6 per cent bigger in November than it was the same month a year earlier. Statistics Canada reported Friday that Canada's...

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CSEC used airport Wi-Fi to track Canadian travellers: Edward Snowden documents

A top secret document retrieved by U.S. whistleblower Edward Snowden and obtained by CBC News shows that Canada's electronic spy agency used information from the free internet service at a major Canadian airport to track the wireless devices of thousands...

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45% of Canadians willing to sell their digital data

Amid the controversy over companies harvesting personal information on consumers – everything from their ages to their search interests – an increasing number of  people want something in return. A new study from Microsoft Corp. shows 32 per cent...

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Joe Oliver orders review of propane price jump, shortages

The federal government has ordered the National Energy Board and the Competition Bureau to review the sharp spike in propane prices and shortages in many regions that have hurt rural homeowners and businesses that rely on the fuel. ​Natural Resources...

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Keystone XL pipeline report expected today, CNN says

The Canadian Press Posted: Jan 31, 2014 7:16 AM ET Last Updated: Jan 31, 2014 7:16 AM ET An environmental impact study into the Keystone XL pipeline project is likely to be announced on Friday afternoon, a U.S. media report says. ...

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Ontario raising minimum wage to $11 an hour

Breaking The Canadian Press Posted: Jan 30, 2014 7:06 AM ET Last Updated: Jan 30, 2014 10:30 AM ET Ontario's Liberal government is raising the minimum wage to $11 an hour effective June 1. The increase of 75 cents an hour was announced...

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Facebook shares open at record high after huge profit jump

Facebook shares opened at the highest level they've ever been on Thursday, a day after the social media company posted impressive earnings numbers. Facebook stock was changing hands at $60.92 on Friday, up 13 per cent from Wednesday's closing...

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Raising minimum wage could rescue the economy: Don Pittis

U.S. President Barack Obama, Ontario Premier Kathleen Wynne and Bank of Canada Governor Stephen Poloz are all on the same page. They just don't know it yet.  This week, Obama and Wynne talked about raising the minimum wage, with Ontario announcing...

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Keystone XL report by U.S. expected to be positive

Canadian officials say they're encouraged by what they're hearing about a long-awaited report on the environmental impact of the Keystone XL pipeline that could be released imminently by the U.S. State Department. Those sources in Washington and Ottawa...

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Canadian dollar headed to 85 cents US, TD says

The loonie could be headed even lower in the near term, economists predicted Thursday. (The Canadian Press) The beaten-down loonie will head even lower by this summer, one of Canada's largest banks predicted Thursday. TD Bank economists Craig...

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Bitcoin sellers in Silk Road case charged with conspiracy

2 men allegedly sold $1M in Bitcoins over black market website The Associated Press Posted: Jan 27, 2014 12:49 PM ET Last Updated: Jan 28, 2014 9:59 PM ET Bitcoin after Charlie Shrem 2:17 Bitcoin after Charlie Shrem 2:17 ...

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The state of the union speech Barack Obama would never give

With few exceptions (such as Gerald Ford's blunt 1975 assessment that "the state of the union is not good") the president's annual report to Congress is an exercise in reassuring Americans they are exceptional, blessed by God, leading the world, and...

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Super Bowl ads build buzz through contests, controversy

Advertisers buying air time during this year's Super Bowl are paying an average of $4 million US for 30 seconds.It's highly unlikely that half a minute of attention is worth such an investment, so to make their commercial pay, marketers come up...

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Mark Carney to Scotland: Keep the pound, lose some sovereignty

Bank of England governor Mark Carney today stepped into the thorny issue of Scottish independence, sounding a quiet, cautionary note during a speech before business leaders in Edinburgh over separatists' plans to keep using the British...

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Stranded ships on Great Lakes create icebreaking logjam

Several freighters are stuck in ice on the Great Lakes. The list of frozen freighters in just the Lake St. Clair and Detroit River region stands at six. Lara Barrett, the commanding officer on the Canadian Cost Guard's icebreaker Griffon, said the...

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BMO confirms $1.3B bid for F&C Asset Management

Bank of Montreal has confirmed it's offering to buy U.K.-based F&C Asset Management PLC in a cash deal valued at $1.3 billion, a move that will diversify and grow BMO's wealth management arm. The friendly deal is being supported by the U.K. company's...

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Ford beats profit forecasts for 4Q, 2013

Ford Motor Co. beat Wall Street's forecasts for fourth-quarter and full-year profits thanks to strong performances in North America and Asia. The Dearborn, Mich.-based automaker earned $3 billion US, or 74 cents per share, in the final quarter of 2013,...

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Neil Macdonald: Where was my currency discount when the loonie was strong?

Having lived for so long in the savagely competitive American marketplace, I'm always amazed when I return to Canada at how some of my more bovine fellow citizens are willing to rationalize being milked. Whenever the discussion drifts to how just about...

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Google Glass prescription frames, shades are coming

Google Glass is getting glasses. Google is adding prescription frames and new styles of detachable sunglasses to its computerized, internet-connected goggles known as Glass. The move comes as Google Inc. prepares to make Glass available to the general...

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Doubts about Apple escalate after disappointing Q1

It's going to take more than brisk sales of the iPhone and iPad to convince investors that Apple still has the magic touch. Wall Street's nagging doubts about Apple's further growth prospects were magnified late Monday with the release of the company's...

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Cenovus CEO defends oilsands in wake of Neil Young crusade

Cenovus CEO Brian Ferguson says Canadians should be angry about the way oilsands are being portrayed internationally as dirty oil. In an interview with CBC's The Lang & O'Leary Exchange, Ferguson said Cenovus, a major investor in the oilsands, wants...

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Cord-cutting: 16% of Canadians mull ditching paid TV

About 16 per cent of Canadians are thinking of cutting the cord on their cable or satellite TV service, according to a survey by Media Technology Monitor. Anglophone Canadians in the survey are twice as dissatisfied as their French-speaking counterparts,...

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Toronto stocks down 1.5% amid global market sell-off

Stock markets remained volatile today in reaction to sharp drops in the values of currencies in several emerging markets including Turkey, Russia, South Africa and Argentina. The TSX/S&P index took a 230-point plunge Friday morning as...

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Jamie Dimon paid $20M after JPMorgan pays $20B in fines

The CEO of JPMorgan saw his pay packet almost doubled in 2013 to $20 million US last year, despite steering the bank through a year in which it paid almost $20 billion in regulatory fines. JPMorgan revealed in a filing Friday that CEO Jamie Dimon...

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U.S. study warns of risks and unknowns in shipment of Alberta oilsands products

​​U.S. scientists are warning that there are environmental risks, regulatory holes and serious unknowns regarding the shipment of Alberta oilsands products by pipeline, rail and tanker. The findings are in a 153-page report from last September by the...

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Cord-cutting: 16% of Canadians mull ditching paid TV

About 16 per cent of Canadians are thinking of cutting the cord on their cable or satellite TV service, according to a survey by Media Technology Monitor. Anglophone Canadians in the survey are twice as dissatisfied as their French-speaking counterparts,...

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Toronto stocks down 1.5% amid global market sell-off

Stock markets remained volatile today in reaction to sharp drops in the values of currencies in several emerging markets including Turkey, Russia, South Africa and Argentina. The TSX/S&P index took a 230-point plunge Friday morning as...

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Jamie Dimon paid $20M after JPMorgan pays $20B in fines

The CEO of JPMorgan saw his pay packet almost doubled in 2013 to $20 million US last year, despite steering the bank through a year in which it paid almost $20 billion in regulatory fines. JPMorgan revealed in a filing Friday that CEO Jamie Dimon...

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