BoC to keep rates low
The Bank of Canada kept borrowing costs at a record low 0.25 percent today and reiterated they'll probably stay there through the middle of next year, while expressing cautious optimism that economies around the world are on the mend.
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Firms plan 'cautious' wage hikes
Employees in the public sector can expect higher wage gains in the coming year than their private-sector counterparts, a national report said Tuesday.
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3M outlook misses the Street
Diversified manufacturer 3M Co. issued a cautious initial outlook for 2010 Tuesday, saying tight credit market conditions and other headwinds would make any broad economic recovery "patchy and slow."
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Scotia profit nearly triples
Bank of Nova Scotia, the last major Canadian bank to report its profit for fiscal 2009, said Tuesday it earned $902 million in the final quarter of the year, up from $315 million a year ago.
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