Canada has proven oil reserves of more than 170 billion barrels—second only to Saudi Arabia. Much of that crude lies beneath the tundra of Alberta in a thick oil, sand and water mixture called bitumen, more commonly called oil sand.
Here's what analysts and others say they're watching before the bell Tuesday.
Canada raised its key overnight lending rate .25% to .50% Tuesday despite the world-wide caution over the trend in global economic affairs.
As the rest of the world speculates which bank/country/continent will require another bailout, Canada serves as a “shining” example on how to escape the debt spiral, Jim O’Neill, chief economist at Goldman Sachs, told CNBC on Tuesday.
American industries of all kinds—from travel and telecom to construction and energy—would be poised to profit if the 52-year trade embargo with Cuba were lifted. Among the first businesses to cash in would be those involved with tourism, most experts agree.
A little known program allows foreigners to invest in U.S. businesses and create jobs in exchange for a green card. Think of it as "immigration through investment". Foreigners can apply for it by proving they'll pour $1 million into a U.S. company.
Stocks are likely to continue their aggressive decline and shed another 20 percent as the world economy weakens, economist Nouriel Roubini told CNBC.
Beneath the subarctic forests of western Canada, deep under the peat bogs and herds of wild caribou, lies the tarry rock that is one of America’s top sources of imported oil. The NYT reports.
No one’s worried about the loonie. Or the country’s bonds, for that matter. So consider this leading national bank.
Last week’s sharp drops and heightened volatility were due in part to the severe debt crisis in Greece and, more specifically, growing fears that other European nations are at risk — especially Spain, Portugal, Italy and Ireland.
Amid mounting frustration over taxation and banking problems, small but growing numbers of overseas Americans are taking the weighty step of renouncing their citizenship. The New York Times explains.
The U.S. dollar's strength appears to be waning as the focus turns from Europe's debt worries to China's possible appreciation of its currency, Chris Zwermann, global strategist and technical analyst at Zwermann Financial said Tuesday.
The Standard & Poor's 500 index will top out on April 19, which will trigger a 15 to 20 percent pullback in other stock markets, but stocks will move higher later in the year Robin Griffiths, technical strategist at Cazenove Capital said Monday.
Turning the tables on a China-based computer espionage gang, Canadian and United States computer security researchers have monitored a spying operation for the past eight months, observing while the intruders pilfered classified and restricted documents from the highest levels of the Indian Defense Ministry.
So what stocks should you buy? Cramer compiled a list of his 10 favorites, picking the best names doing business in Asia, Latin America and the Middle East. Read on to find out who they are.
Here's a look at some of the most high-profile athletes and the venues where they'll be competing. They are also among those with the richest endorsement deals.
Stocks struggled on Friday, the last trading day of February. How should investors prepare for what’s ahead and how might the month of March look for the markets? David Darst, chief investment strategist at Morgan Stanley Smith Barney shared his market outlooks.
As the 2010 Winter Olympics come to a close, we wanted to know which athletes made the most of their Olympic opportunity.
If you're looking for the hottest ticket in Canadian sports history, look no further than Sunday's gold medal men's hockey matchup.
Thirty years ago, the United States beat Russia in an Olympic hockey game now dubbed “The Miracle on Ice.” We spoke to Howard Schwartz of Grandstand Sports, who has exclusive rights to “Miracle” memorabilia.