BC BREAKING NEWS:

Rick Waugh, chief executive of Bank of Nova Scotia, addresses business leaders at the Spruce Meadows round table on Global Banking in Calgary in this September 5, 2008 file photo. The bank said on Tuesday profit fell 67 percent in its fourth quarter because of previously announced write-downs for losses and lower securities values at its Scotia Capital unit. REUTERS/Todd Korol

Scotiabank's 2009 outlook is below expectations

By Lynne Olver TORONTO (Reuters) - Bank of Nova Scotia said on Tuesday that quarterly profit fell 67 percent, which was not a surprise since the bank gave the market early warning about wri… more
A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark Blinch

TSX takes hit from Manulife and ends lower

By Frank Pingue TORONTO (Reuters) - The Toronto Stock Exchange's main index ended a see-saw session lower on Tuesday as news that insurer Manulife Financial will issue new stock offset rall… more
Rick Waugh, President and CEO of Bank of Nova Scotia, speaks at the Reuters Finance Summit in New York in this November 12, 2008 file photo. REUTERS/Brendan McDermid

Scotiabank aims for 7-12 percent EPS growth

TORONTO (Reuters) - Bank of Nova Scotia said on Tuesday profit fell 67 percent in its fourth quarter because of previously announced write-downs for losses and lower securities values at its… more

Canada November auto sales skid as recession looms

TORONTO (Reuters) - Canadians bought about 10 percent fewer vehicles in November than a year earlier as the economy slo… more

Toronto stocks drop as Manulife set to issue stock

TORONTO (Reuters) - The Toronto Stock Exchange's main index ended a see-saw session lower on Tuesday as news that Manul… more

Magna unit to shut Canada auto-parts plant: report

TORONTO (Reuters) - A subsidiary of Magna International is closing an auto-parts plant in the province of Nova Scotia n… more

Manulife sells C$2.1 billion in shares, sees Q4 loss

TORONTO (Reuters) - Manulife Financial Corp said on Tuesday it expects to report a quarterly loss of C$1.5 bil… more

Automakers desperate bailout plea gaining support

By Kevin Krolicki and John Crawley DETROIT/WASHINGTON (Reuters) - A top lawmaker predicted Washington would approve a … more

Nexen shares jump on report Total mulling bid

CALGARY, Alberta (Reuters) - Shares in Nexen Inc rose 9.3 percent on Tuesday after a report said that French o… more

Nexen shares jump on report Total readying a bid

CALGARY, Alberta (Reuters) - Shares in Nexen Inc jumped by nearly a third on Tuesday after a report said that … more
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