In the high stakes world of high-tech oilfield services, low oil and gas prices are hitting Calgary's two largest publicly traded players in different ways. Pason Systems is laying off staff while Computer Modelling Group is adding staff.
Most Asian stock markets rose Tuesday after Japan reported better-than-expected data for April. Shares in Japan were also buoyed by expectations that a 2017 sales tax hike will be delayed until 2019, and by a weakening in the Japanese yen.
Wal-Mart believes it can't count on much growth in the U.S. — it's facing challenges at home with intense competition from Amazon.com and dollar stores — so the retailer is depending more on its operations overseas. Success in China is the goal.
Dozens of international climate scientists are calling on the Canadian government to reject a proposed liquefied natural gas project in northwestern British Columbia, saying it would have dire environmental effects.
A new safeguard is now in place to help protect mutual fund investors. Effective Monday, mutual fund companies are required to provide investors key information on things like a fund's performance and fees before they buy.
The idea of a starter home may be a thing of the past in Toronto and Vancouver, as an increasing number of homeowners looking to "trade up" are finding themselves priced out of the market, according to a new report from the TD Bank Group.