TORONTO - Canada's main stock index rose on Wednesday as strength in commodity prices supported energy and mining stocks, while shares in home retailer Rona Inc almost doubled after a generous takeover deal.
North American stock markets were off to a rocky start Monday as lower oil prices and weak manufacturing data from China and the U.S. set a gloomy mood for investors on the first trading day of February.
TORONTO - Canada's main stock index jumped on Friday as investors cheered the Bank of Japan's bold move to stimulate growth, while rising oil prices and an accommodative royalty update in Alberta boosted energy stocks.
TORONTO - Canada's main stock index rose on Wednesday as strength in crude oil prices supported energy and financial sector stocks, while shares of Bombardier Inc fell below C$1 for the first time in 25 years.
Exorbitant hydro rates, a myopic First Nations consultation process and an onerous environmental review system — a familiar trio of regulatory barriers — are hampering the development of new mines in northwestern Ontario, a new report says. Regulatory barriers have halted the development of nine mines in northwestern Ontario since 2010, say the authors of a new report from the Northern Policy Institute.
TORONTO - Canada's main stock index rose on Tuesday as shares in energy companies and banks were helped higher by a recovery in the price of oil to above $31 a barrel, while a 12-week high for the price of gold helped lift mining stocks.
For the fourth quarter, Barrick Gold’s preliminary gold production was 1.619 million Oz and copper production was 138 million pounds. The Gold price was $1,105/
