Statistics Canada says the country's trade deficit increased to $3.4 billion in August compared with a $3.0-billion deficit in July.
TransCanada says it won't proceed with its Energy East pipeline and Eastern Mainline proposals.
Some retail experts believe even if Sears Canada succeeds in striking a deal with a buyer, the retailer is destined to shut its doors.
Sears Canada has until Oct. 13 to assess a revised bid from a buyer group led by its executive chairman or face liquidation in the coming weeks.
Amazon has to pay 250 million euros in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states.
Shares in Shopify were down by as much as eight per cent on Wednesday after a high-profile American short seller said most of the 500,000 businesses the company works with aren't legitimate.
Uber is curbing the power of former CEO Travis Kalanick and taking on Japan's SoftBank Group as a major new investor as the ride-hailing service tries to recover from internal strife and a myriad of legal headaches.
The price of Puerto Rico's benchmark general obligation bonds tumbled to a record low on Wednesday after U.S. President Donald Trump suggested late on Tuesday the island's massive debt load will have to be wiped out due to devastation caused by Hurricane Maria.
The recently departed CEO of Equifax faces a second round of tough questions on Wednesday from lawmakers eager to hear about what he and company executives knew about the breach — and when.
Overall home sales in September were down in the Greater Toronto Area over the same time last year but condo prices continue to rise, according to figures released Wednesday morning by the Toronto Real Estate Board.
A $500,000 hardship fund created for former Sears Canada employees is facing a possible $200,000 shortfall, according to court documents.
Stricter regulations aimed at tightening mortgage lending to take some of the risk out of the market will be finalized by the end of the month, the federal financial regulator said Tuesday.
Uber is promising to make things right in London after its new global boss had a "constructive" meeting with the city's transport regulator to try to hold on to the app's operating licence in one of its main foreign markets.
Warren Buffett's company, Berkshire Hathaway, is acquiring a major stake in Pilot Flying J truck stops, which has 750 outlets in 44 states and Canada.
The court-appointed monitor for Sears Canada is warning that its available funds are running low and there may not be enough time to reach an acceptable deal with a buyer group headed by its executive chairman, Brandon Stranzl.
The former chairman and CEO of Equifax says the challenge of responding to the concerns of tens of millions of consumers in the wake of a massive data breach proved overwhelming, and regrettably, his company made mistakes.