Rate hike confirms gradual move to higher borrowing costs OTTAWA—Confirming that consumers are likely to face step-by-step increases in borrowing costs in the months ahead, the Bank of Canada raised its trend-setting interest rate despite outspoken worries about the economic picture. For...

Roseman: Lessons for leaders in Ontario`s eco fee disaster It`s a relief to see the Ontario government suspend its controversial eco fee program for three months. I`ve rarely seen the citizens of this province react so angrily to a new initiative. In fact, I expected to see more...

Boundary feud thwarting attempts to drill promising prospects in St. Lawrence QUEBEC — A new border dispute is brewing between Newfoundland and Quebec. Caught in the middle is Old Harry, named for the nearest settlement; the village of Old Harry, 80 kilometres to the southwest on...

Apache buys BP`s oil and gas assets in Western Canada, U.S., Egypt for $7 billion HOUSTON — BP said Tuesday it had reached a deal to sell $7 billion in assets to Apache Corp as the British oil company raises money to cover costs related to the oil spill in the Gulf of Mexico. Apache...

Apache buys BP`s oil and gas assets in Western Canada, U.S., Egypt for $7 billion HOUSTON — BP said Tuesday it had reached a deal to sell $7 billion in assets to Apache Corp as the British oil company raises money to cover costs related to the oil spill in the Gulf of Mexico...

Real estate numbers are transitory, but value is forever The only `news` that matters: the metropolitan population increases 50,000 annually Real estate news can mean different things to different people. A headline announcing either a dramatic drop or a wild increase in real...