Canada Stocks Little Changed as Teck Gains While Gold, Oil Fall
Canadian stocks were little changed, after reaching a record yesterday, as Domtar (UFS)
Corp. sank on worse-than-forecast earnings and commodities prices retreated.
Oil Sands Gushing Jobs Mark Divide in Canadian Economy
In Canada’s economy there’s Alberta, and there’s everywhere else.
The oil- and gas-rich western province was responsible for all of the country’s net employment growth over the past 12 months, adding 81,800 jobs while the rest of Canada lost 9,500. Alberta’s trade surplus
, C$7.4 billion ($6.9 billion) in May, almost matched the deficit
rung up everywhere else.