Business News from Canada
- Loonie passes 99 cents US
The Canadian dollar marched closer to parity with its U.S. counterpart Wednesday, supported both by higher commodity prices and the prospect of continued low American interest rates.
- SEC targets Wall Street role in runup to crisis
The head of the Securities and Exchange Commission confirmed Wednesday the agency is investigating several companies' actions in the run-up to the financial crisis of 2008.
- Blockbuster mulls bankruptcy filing
Shares of Blockbuster Inc. lost nearly a third of their value after the video chain warned it may have to file for bankruptcy protection.
- Toyota's trials
Almost overnight, the automaker went from enjoying one of the best reputations for safety and quality in the whole industry to being a poster child for danger and unreliability. Has Toyota completely lost its touch?
- Mackenzie pipeline needs push: backer
More delays for the $16.2-billion Mackenzie natural gas project could hurt those in the Northwest Territories waiting for Arctic gas to start flowing, but one of the project's backers remains hopeful the pipeline will become reality.