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Business

Loonie falls amid weak U.S. economic data, BoC paper on monetary policy

TORONTO - The Canadian dollar was ended lower Thursday amid a round of disappointing U.S. economic reports and a commentary on monetary policy from the Bank of Canada.

Toronto, NY markets end mixed amid weak U.S. jobless claims, housing figures

TORONTO - The Toronto Stock Exchange closed higher Thursday despite a pullback on Wall Street amid a round of disappointing reports that suggested the U.S. economy is not recovering as much as some would like to believe.

IRS memo: 2nd top agency official announces plans to leave amid tea party controversy

WASHINGTON - As second top Internal Revenue Service official has announced plans to leave the agency amid the controversy over the targeting of tea party groups.

CPP Investment Board reports 10.1 per cent return, assets grow to $183 billion

TORONTO - The Canadian Pension Plan Investment Board says it's working to strengthen its foothold in emerging markets such as China, India and Brazil as it strives to keep up with shifts in the global economy.

Toronto, NY markets ahead amid weak U.S. jobless claims, housing figures

TORONTO - North American markets crept higher Thursday despite a round of disappointing reports that suggest the U.S. economy is not recovering as much as some would like to believe.

Telus would like quick approval to buy financially struggling Mobilicity

Telus announced a plan Thursday to buy upstart wireless company Mobilicity for $380 million, a deal which it said needs quick regulatory approval because the small carrier can't make it financially on its own.

Fall schedule for the CW network released

The CW network's prime-time schedule for the fall:

Bank of Canada warns of risks, costs from monetary stimulus and its removal

OTTAWA - Slashing interest rates and printing wads of money may have saved the global economy from catastrophe, but taking back all the monetary candy opens the world to new risks, the Bank of Canada warns in a research paper.

Rising cost of food causing Canadians to shop more carefully, survey finds

TORONTO - A recent survey of Canadian adult consumers found a large majority of them believe the price of the food they buy has gone up in the past year and more than half said they are doing more comparison shopping than before.

Loonie heads higher amid weak U.S. economic data, BoC paper on monetary policy

TORONTO - The Canadian dollar was ahead Thursday amid a round of disappointing U.S. economic reports and a commentary on monetary policy from the Bank of Canada.

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