Yahoo! Canada Finance: Finance News

CN locomotive engineers serve notice they plan to strike midnight Saturday

The Canadian Press - MONTREAL - Canadian National Railway Co. (TSX:CNR) says its locomotive engineers have told the company they'll go on strike early Saturday if they don't reach a contract deal.

TSX runs ahead as commodity prices rise; N.Y. higher on consumer, housing data

The Canadian Press - TORONTO - Higher prices for oil, gold and copper, along with positive U.S. consumer and housing data, gave a solid boost to the Toronto stock market Wednesday afternoon.

Canadian home resale prices up for 5th month

Reuters - TORONTO (Reuters) - Canadian home resale prices rose for a fifth straight month in September, chalking up gains in five of six major markets, the latest sign of the housing sector's...

EnCana shareholders approve company split

Reuters - CALGARY, Alberta (Reuters) - EnCana Corp's investors on Wednesday approved a plan to split Canada's No. 2 independent petroleum producer into independent oil and natural gas businesses,...

The cost of home ownership has gone up for first time in 18 months: RBC report

The Canadian Press - TORONTO - The cost of home ownership in Canada became more expensive in the third quarter, up for the first time in 18 months, a report by RBC Economics Research says.

Oil prices rise near US$78 a barrel on mixed economic reports, weak dollar

The Canadian Press - NEW YORK - The U.S. dollar's sway over energy markets was on full display Wednesday, with oil and gasoline futures rising sharply as the U.S. currency tumbled to 15-month lows.

Tecsys Q2 profits increase to $746,000 from $644,000 despite lower revenues

The Canadian Press - MONTREAL - Tecsys Inc.'s (TSX:TCS) second-quarter profits improved despite lower revenues, the software company said Wednesday.

Couche-Tard buys fuel terminal operations in Arizona for undisclosed price

The Canadian Press - MONTREAL - Alimentation Couche-Tard Inc. (TSX:ATD.B), Canada's largest convenience store operator, says it has signed an agreement to acquire fuel terminal depots in Phoenix,...

Germany takes brunt of Opel job cuts, Saab in limbo

Reuters - RUESSELSHEIM/STOCKHOLM (Reuters) - General Motors targeted Germany on Wednesday for the bulk of 9,000 planned job cuts at European arm Opel, turning the tables on the country that lobbied...

GM to add 600 jobs at Oshawa, Ontario in 2011: union

Reuters - TORONTO (Reuters) - General Motors Co will add a production shift, and about 600 jobs, to one of its assembly plants at Oshawa, Ontario, in 2011, the Canadian Auto Workers union said on...