The value of Canadian building permits unexpectedly fell in May, inching down 1.9 per cent from April's level to $6.8 billion.
Canada Post is extending its lockout notice to Monday at 12:01 a.m. ET and says it is willing to submit to binding arbitration in an effort to resolve the ongoing labour dispute.
With a lockout looming, there's renewed focus on whether Canada Post should be considered an essential service. Some still rely heavily on the Crown corporation while others will greet the service disruption with ambivalence.
Calgary-based Paramount Resources is entering into a $1.9-billion deal to sell most of its oil and natural gas producing assets in western Alberta to Calgary rival Seven Generations Energy.
Former Fox News Channel anchor Gretchen Carlson sued network chief executive Roger Ailes on Wednesday, claiming she was fired after she refused his sexual advances.
Canada Life has suspended trading of its U.K. property funds, one of several companies to make the move in response to investor concern about the impact of last week's vote by the United Kingdom to leave the European Union.
A new discount travel company hoping to launch later this month is facing a new controversy. Two consultants say they're owed tens of thousands of dollars and one says NewLeaf's CEO is not returning her phone calls.
Canada Post's looming lockout of its workers is a major issue for people anxious to know if their mail service will be disrupted, but the dispute is also being closely watched for its potential to be a watershed moment in a potential crisis that few Canadians are likely aware of.
Canada's trade deficit plunged to a record in April and stayed near that level in May, Statistics Canada said Wednesday, raising concerns that economic weakness in the second quarter could be worse than initially feared.