Tories-Liberals strafe each other over jets
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Tories-Liberals strafe each other over jets

The economic and diplomatic strings attached to Ottawa’s multi-billion dollar deal to buy the F-35 stealth fighters would make it extremely painful — if not impossible — for a future government to unravel or cut, senior Conservatives insisted Wednesday. Unlike the EH-101 helicopter deal axed in the mid-1990s by Jean Chretien’s Liberal government, the pending […]

Canadian Economy Continues To Soar
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Canadian Economy Continues To Soar

Canadians appear to be a vehicle-buying mood, according to July figures in the latest Global Auto Report from Scotia Economics. It says Canadian sales advanced to an annualized 1.65 million units last month, lifting volumes at several automakers to the highest July on record. It was the second monthly rebound in a row after a […]

TSX drops on global growth concerns
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TSX drops on global growth concerns

Toronto’s main stock index dropped on Monday to its lowest in nearly five months as energy, materials and financial issues receded on concerns about global economic growth. The broad-based decline came on thin trading on a day when U.S. markets were closed for the Independence Day holiday. Among the biggest decliners, Suncor Energy lost 0.9 […]

Canada’s economic recovery stalls in April
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Canada’s economic recovery stalls in April

Canada’s economy stalled in April on a slide in retail sales, suggesting the pace of growth is slowing and that the central bank may think twice about raising interest rates again this month. Statistics Canada said on Wednesday real gross domestic product was flat in the month after seven straight months of expansion and the […]