Irving Oil Corp., owner of Canada’s largest refinery, is boosting its ability to ship crude by rail from Alberta to the nation’s East Coast, according to Chief Executive Officer Paul Browning.
Quebec abandoned the goal of eliminating its deficit in the current fiscal year due to weaker-than-projected revenue growth and said it will need two more years to return to balance.
Heavy rain and high wind along the U.S. East Coast are tying up air traffic for holiday travelers as the organizers of Macy’s Thanksgiving Day Parade wait to decide whether the event’s trademark balloons will fly.
GlaxoSmithKline Plc won approval for the first vaccine to prevent bird flu that allows for a higher number of doses to be made available during a pandemic, U.S. regulators said.
James Hall is the top manager among mutual funds focused on Canada’s biggest companies this year as rising interest rates fuel wagers on insurers such as Manulife Financial Corp.
Toronto Mayor Rob Ford, facing mounting calls to resign after allegations of drug use, admitted for the first time publicly he had smoked crack cocaine, likely when he was drunk.
Toronto Mayor Rob Ford vowed to continue as head of Canada’s biggest city and said he will run in the next election after admitting he used crack cocaine.
Alcoa Inc., the largest U.S. aluminum maker, plans to cut electricity use at three smelters in Quebec starting in November 2014 after objecting to a planned increase in energy prices.
A small plane crashed shortly after takeoff from the Quebec City airport today, killing all seven people on board, a spokeswoman for the airport said.
Paul Desmarais Sr., the Canadian billionaire who built one of the country’s biggest insurance and money-management fortunes after inheriting a fleet of buses in a mining town, has died. He was 86.