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Canadian hardware and building materials company Rona Inc (RON.TO, RON_PA.TO) announced the official opening of the new Reno-Depot Drummondville store, located at 875 rue Hains. This is the 17th location for the banner in Quebec. The new store is similar in design to the other Reno-Depot warehouses,...

Canadian National Railway Company (CNR.TO, CNI) announced that members of the United Steelworkers or USW union Local 2004 have signed a four-year labour agreement covering about 3,000 maintenance-of-way employees who inspect, maintain and repair CN's track, bridges and structures in Canada. The new...

Canadian stocks rallied to end higher on Friday, even as most global equity markets tracked lower, as commodity prices rebounded with oil surging over eight percent just before the official close notwithstanding some soft economic activity data from the U.S. Investors digested some disappointing...

The Canadian stock market has bounced back sharply from early weakness Friday morning and even managed to briefly climb into positive territory. However, the market has currently slipped modestly back into the red. Rising commodity prices and the attempted recovery in oil prices are helping the market...

The Canadian dollar extended weakness against its major opponents on Friday, as Canadian economic growth turned negative in November, due to declines in manufacturing, mining, and oil and gas extraction. Data from Statistics Canada showed that GDP fell by 0.2 percent in November, following a 0.3 percent...

Following the release of Canada's GDP data for November at 8:30 am ET Friday, the loonie extended decline against its major counterparts. The loonie was trading at 1.4403 against the euro, 0.9879 against the aussie, 92.48 against the yen and 1.2722 against the greenback around 8:34 am ET.

The Canadian dollar declined against its most major rivals in European deals on Friday, as traders focus on the release of nation's GDP data for November, due later in the day. The gross domestic product is seen flat on month, after growing 0.3 percent in October. On year, the economic growth is expected...

The Japanese yen continued its early rise against its major rivals in early European deals on Friday. The yen climbed to a 4-day high of 177.01 against the pound, new 2-week high of 126.93 against the franc and a 10-1/2-month high of 91.26 against the aussie, off early lows of 178.55, 128.32 and 92.21,...

The Canadian dollar weakened against the other major currencies in the late Asian session on Friday. The Canadian dollar fell to more than a 3-1/2-month low of 93.14 against the yen and an 8-day low of 1.4326 against the euro, from yesterday's closing quotes of 93.72 and 1.4280, respectively. Against...

Ximen Mining Corp. Friday said it increased the non-flow-through private placement from 4 million non flow-through or NFT units of the company at $0.15 per NFT Unit to 7,005,920 NFT Units to raise an aggregate amount of up to $1.05 billion. Each NFT Unit consists of one non flow-through common share...

Canadian Imperial Bank of Commerce (CM.TO, CM) is cutting more than 500 jobs, as the lender tries to pare costs, the Wall Street Journal reported, citing people familiar with the matter. Toronto-based CIBC is Canada's fifth-largest bank by assets. The lender made the cuts over the last two weeks as...

Canadian Oil Sands Ltd (COS.TO) Thursday reported fourth-quarter net income of C$25 million or C$0.05 per share, down from C$192 million or C$0.40 per share last year. Canadian Oil Sands generated cash flow from operations of C$207 million or C$0.43 per share during the fourth quarter of the year.

Canadian stocks ended higher on Thursday, tracking rising global equity markets, after some upbeat data from the U.S. and Europe, driven largely by information technologies and consumer staples stocks. Nevertheless, the gains were limited with energy and metal stocks under pressure as gold prices continued...

The Canadian stock market has slipped solidly into negative territory Thursday morning, giving back all of its early gains. Mining and gold stocks are under pressure as the price of gold continues to drop. Energy stocks are also turning in a weak performance, as the price of oil attempts to recover from...

mcdonalds-012915.jpg McDonald's has announced its Chief Executive Office Don Thompson will be "retiring" at the age of 51, after two tumultuous years on the job. It will instead be up to Steve Easterbrook, 48, McDonald's chief brand officer, to reverse a downturn in fortunes for the iconic hamburger chain. His challenges...

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