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 Canada's Prime Minister Stephen Harper speaks to the media in Toronto in this December 20, 2008 file photo. REUTERS/Mark Blinch

Economy may need years of stimulus

By Randall Palmer OTTAWA (Reuters) - The extraordinary economic turmoil facing Canada and the world may require up to five years of "big, comprehensive" stimulus and other measures, Prime Minister S… more
 A Bay Street sign is seen at the financial district in Toronto, October 10, 2008. REUTERS/Mark Blinch

Takeover talk returns to oil patch

By Scott Haggett CALGARY, Alberta (Reuters) - Shares of Canadian oil producers, hard hit by crashing commodity prices and the credit crunch, have staged a quiet comeback since bottoming out in Novem… more
 Canada's Prime Minister Stephen Harper speaks to the media in Toronto in this December 20, 2008 file photo. REUTERS/Mark Blinch

Harper vows big budget actions over 3-5 years

OTTAWA (Reuters) - Prime Minister Stephen Harper promised on Friday to take bold budget action over a span of three to five years to rescue the Canadian economy, and he called the latest North Americ… more

AIG close to deal for Canadian life unit: source

NEW YORK (Reuters) - American International Group Inc is close to a deal to sell its Canadian life insurance bu… more

TSX closes lower as crude retreats

By Frank Pingue TORONTO (Reuters) - Toronto's key stock index closed sharply lower on Friday as employment data from C… more

TSX ends lower as crude retreats

By Frank Pingue TORONTO (Reuters) - Toronto's key stock index closed sharply lower on Friday as employment data from C… more

Canadian economy sheds more jobs in December

By Louise Egan OTTAWA (Reuters) - Canada's jobless rate jumped to a two-year high in December and the housing market b… more

Biovail reaches settlement with Canada regulator

TORONTO (Reuters) - Biovail Corp said on Friday it has reached a settlement with the Ontario Securitie… more

Ottawa defers first batch of auto aid to mid-January

OTTAWA (Reuters) - Ottawa has agreed to a request by the Canadian arms of General Motors Corp and Chrysler LLC to defer… more

Biovail reaches settlement with OSC

TORONTO (Reuters) - Biovail Corp said on Friday that it has reached a settlement with the Ontario Secu… more
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