Business

Photo

TSX gains on resource rebound; posts small weekly loss 5:13pm EDT

TORONTO (Reuters) - Canada's main stock index rose on Friday, as its large energy sector recouped some losses from earlier in the week with oil prices steadying, and miners gained with gold trading at a three-week high.  Full Article

 
Photo
Wildfires cause Canada's biggest monthly GDP drop since 2009 9:52am EDT 

OTTAWA (Reuters) - Canada's economy suffered its biggest one-month contraction in May since March 2009 as wildfires in northern Alberta caused a sharp drop in oil extraction, reinforcing expectations that the economy shrank in the second quarter.  Full Article  

Photo
Canada posts narrower budget surplus at start of fiscal year 11:09am EDT 

OTTAWA (Reuters) - Canada posted a narrower budgetary surplus in the first two months of the fiscal year compared to the same time period a year ago as revenue decreased, the federal finance department said on Friday.  Full Article