Sun News is denying a report that scandal-plagued Senator Mike Duffy inappropriately pressured the CRTC into approving its bid to be a mandatory part of cable and satellite TV.

“Senator Duffy does not, nor has he ever, been employed as a lobbyist for Sun News/Sun Media. Nor have...

Bad news for Enbridge, TransCanada and all the other companies working to build controversial pipelines across North America: Pipelines spill three times as much oil over comparative distances as rail, the International Energy Agency (IEA) says.

In an oil market outlook released Tuesday, the agency also said Canada’s oil sands...

Landing an affordable mortgage may become even more difficult in Canada if the country’s banking regulator moves forward with rules reducing the length of uninsured home loans.

The move — if it happens — is meant to prevent a housing market collapse in the face of record-high prices, record-low interest...

Only 44 Canadians have been convicted of offences related to offshore tax havens since the Harper government came to power — a period during which the amount of Canadian money held in the largest offshore havens is estimated to have doubled.

According to documents from the Canada Revenue Agency (CRA),...

A hedge fund manager who became widely-known for predicting and making money off the bursting of the U.S. housing bubble is warning that Canada’s real estate market may be repeating America's mistakes.

Steven Eisman, who was featured prominently in The Big Short, a book about investors who made...

It’s been four years since the Great Recession ended in Canada, but nearly half of Canada’s mid-sized cities have yet to regain the jobs lost during that period.

It’s a stark reminder of the large regional disparities that separate Canada’s regions, and an indicator that this problem has only been...

Stephen Poloz, the newly-appointed governor of the Bank of Canada, struck many as reserved and, well, boring during his press conference with Finance Minister Jim Flaherty earlier this week.

But boring may be exactly what you want from a central banker, and in any case Poloz' record as an economist...

Opposition and labour leaders are in an uproar after it was revealed the Harper government plans to take more direct control of Canada’s Crown corporations, in particular the CBC, Canada Post and Via Rail.

Following news on Tuesday that the Tories are planning to inject themselves directly into...

Global investors are turning against Canada’s economy, placing some of the largest bets on record that the country’s housing market, financial sector and currency are in for a rough ride.

A report Monday in The Financial Post indicates that a near-record amount of money is being placed against...

Ontario’s “Ring of Fire” mining project promises to be the economic equivalent of another oil sands, Treasury Board President Tony Clement says.

Clement, who was recently appointed the federal government’s point man on Northern Ontario development, said the giant mining project — which faces delays and opposition from some First...

A recent announcement by wireless carrier Telus that it’s raising fees for texting to the U.S. will be just the beginning of price hikes if Canada’s large wireless companies are allowed to swallow up the small players, a consumer watchdog group says.

“This is only the...

Canadians complain about the price gap between U.S. and local stores, but here’s the biggest price gap of them all: housing.

According to an analysis from BMO Capital Markets economist Doug Porter, Canadians now pay 62 per cent more for housing than Americans.

“A 62 per cent gap is simply...

For the first time in recent history, Canadians are richer than Americans, but a new report suggests this situation may not last long.

Canada’s net worth has reached 648 per cent of GDP, research consultancy Capital Economics said in a new report, while U.S. net worth stands at 550 per...

Bank of Canada Governor Mark Carney warned on Thursday the bank could raise interest rates if the growth in household debt doesn’t slow.

It was a blunt statement meant — at least in part — to show that Canada’s central bank chief, who heads to the U.K. later...

Diana Carney, the wife of Bank of Canada governor Mark Carney, has made some thinly-veiled criticisms of the Harper government’s environmental record and what she sees as a degradation of the debate about climate change in Canada.

Ms. Carney, who heads the progressive think tank Canada2020, made her...

There are fewer jobs on offer in Canada and more people looking to fill them, according to data released Tuesday.

StatsCan’s survey of job vacancies found there were 6.5 Canadians searching for work for every job open in January of this year. That’s up from 6.1 job-seekers per...

The controversy over RBC's outsourcing of jobs has touched a raw nerve with Canadians, and nowhere is that clearer than in the "Boycott RBC" campaigns that have popped up online.

Clearly, many Canadians already unhappy with their banking options became much less happy to hear that at least one of...

The latest jobs report from StatsCan was utterly abysmal: Some 85,000 jobs lost in a single month in the private sector, offset only by a 30,000 increase in “self-employed” people -- which is interpreted by economists as a sign people are giving up looking for work. The unemployment rate rose...

Canadians could see new surcharges on their credit card purchases if a Competition Bureau tribunal decides to eliminate existing rules put in place by Visa and MasterCard, a consumers’ group is warning.

And if Australia’s experience with allowing credit card surcharges is anything to go by, Canadians could...

The Harper government made Canada’s skilled labour shortage one of the focuses of its recently delivered budget, but data from the Bank of Canada suggests the government may be boxing its own shadow on this one.

BMO economist Douglas Porter dug into the most recent Bank of Canada...