Shipping costs soar

OTTAWA–The high price of energy is undercutting the advantages of globalization by raising transportation costs so much that they could force businesses to look […]

Stock market outlook slack

Wall Street stock index futures pointed to a negative opening while Bay Street awaited earnings reports from the big Canadian banks – expected to be […]

Stock market outlook slack

Wall Street stock index futures pointed to a negative opening while Bay Street awaited earnings reports from the big Canadian banks – expected to be […]

BCE shares steady after rough ride

Shares in BCE Inc. , the parent company of Bell Canada, have recovered somewhat after a big slide following a court decision casting doubt […]

Big oil defends profits as U.S. senators cry windfall

WASHINGTON–As oil for July delivery passed $133 (U.S.) a barrel in New York yesterday, executives of the five largest oil companies tried to shift […]

Wholesale trade down for second quarter

OTTAWA – Wholesalers recorded a second straight quarterly sales decline despite a modest rebound in March.
Statistics Canada reports wholesale sales increased by about […]

Currency seen sailing past parity

If you thought that parity with the U.S. dollar was the loonie’s long-term flight plan, you might want to fasten your seat belt. At least […]

Oil falls toward US$124

NEW YORK – Gas prices in the United States roared above US$3.75 a gallon today, while oil prices fell after an U.S. Energy Department […]

Canadians may alter travel patterns over fuel surcharges

MONTREAL–Canadians may vacation closer to home this summer as soaring gas prices for their cars and new airline fuel surcharges prompt a change in […]

MDA awarded space agency contract

LONGUEUIL, Que.–Only hours after confirming his decision to block a controversial foreign takeover of part of MacDonald Dettwiler and Associates Ltd., federal Industry Minister […]