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A vote that would have overridden President Obama’s veto of TransCanada’s Keystone XL pipeline has failed to gain enough support in the US Senate.
The average cost of a detached single-family home in Toronto has now risen above $1 million.
Fewer Canadians have contributed to their retirement savings plans in the past year according to a report from the Bank of Montreal.
Surprise rate cut in India, Europe awaits ECB meeting... Target cuts thousands of jobs... Obamacare challenge reaches the Supreme Court... Uber to buy mapping startup... Californian drought set to be worse this year...
Despite positive GDP figures, the Toronto Stock Exchange has seen its biggest recent drop with results Bank of Nova Scotia disappointing while investors in Valeant decided to sell after yesterday’s increase in share value.
The latest figures from StatsCan show that real GDP grew by 2.5 per cent in 2014 after rising 2 per cent in 2013.
Bank of Nova Scotia posted slightly higher profits for the first quarter but noted that it is operating in challenging times.
A new report from RBC Economics says that housing is too expensive for many buyers in Toronto and Vancouver but is becoming more affordable in Calgary and Regina.
There was a new piece of hardware unveiled by Blackberry today, as the firm says it is still committed to devices despite increasing moves towards software.
Sales of new vehicles hit their highest February total since 2008 according to The Globe and Mail.