Pilots of an Air Canada jet failed to use a ground-based guidance system when they nearly landed by mistake on a taxiway at San Francisco International Airport two weeks ago, potentially coming within dozens of feet of airliners on the ground, according to people familiar with the investigation.
Canada’s inflation rate decelerated for the fourth time in five months, as Canada joins the U.S. and other developed-world economies in dealing with the conundrum of weak pricing pressure amid improving growth prospects.
Canadian retail sales climbed in May for a third straight month, powered by demand for new and used cars.
Hydro One said it has agreed to buy Avista for $53 a share as the Canadian utility company seeks to expand its North American footprint.
Canadian and Chinese buyers help fuel 50% jump to a new record.
Canadian factory sales rose for a third straight month in May on broad-based gains led by the automotive and chemical sectors, another indicator the economy is moving at a higher gear and closer to full capacity.
The sudden cooling in Toronto’s once-frothy housing market is an encouraging sign and suggests a series of nonrate tools deployed by Canadian authorities are finally having their “desired” effect, the country’s finance minister said.
A cool-down in Canadian housing now appears well under way, with last week’s rate rise from the Bank of Canada expected to prolong the slowing trend.
Canadian mining company Dominion Diamond said Monday that it agreed to be acquired for $1.15 billion after a monthslong standoff with Montana-based Washington Cos.
Authorities in the Canadian west-coast province of British Columbia issued nearly a dozen evacuation orders this weekend as raging forest fires threatened to spread with high winds—some reaching over 40 miles an hour—set to hit the province’s central region.
The nearly two-decade global dominance by Airbus and Boeing of the so-called single-aisle airliner market is threatened by three new competitors from China, Russia and Canada.
Canada’s top securities watchdog ruled that four executives of Sino-Forest Corp. committed fraud through fictitious transactions, inflating the assets and revenues of the once-highflying Chinese timber company.
Canada is working toward cutting a deal with the U.S. to end the latest trade row over lumber before it enters into talks to revamp the North American Free-Trade Agreement, Prime Minister Justin Trudeau said Friday.
Janet Yellen is an unlikely Goldilocks, but the Fed chairwoman has finally chased the three bears away from emerging markets. A jump in EM stocks and currencies after her slightly dovish comments Wednesday offers key lessons.
An online marketplace that sold illegal goods on the so-called Dark Web was shut last week following action by international authorities, according to people familiar with the matter.
Canadian insurer Manulife Financial is exploring a possible IPO or spinoff of its John Hancock Financial Services unit, as life insurers continue to struggle with low interest rates and other challenges to the business.
Canadian new house prices surged for a second straight month in May, driven by gains in the frothy Toronto and Vancouver markets.
In the surest signal yet that the Canadian economy has turned a corner after the oil-price shock, the Bank of Canada raised its policy rate by a quarter percentage point, to 0.75%, its first increase in seven years.