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The Canadian economy is stuck in neutral, dragged down by debt-laden households and deficit-fighting governments, Toronto-Dominion Bank said in its quarterly forecast released today.

Posting the highest growth rate in more than a decade in annualised terms, Canada's economy grew 6.1 percent in the first quarter of the current fiscal year.

Canada's Pebble Creek mining company said here Tuesday that it is all set to commence drilling operations at its Askot project in India's Uttarakhand state.

The Indian Institute of Crop Processing Technology (IICPT) Monday signed a memorandum of understanding (MoU) with the University of Saskatchewan, Canada, for collaborative research and training in the field of food processing and exchange of faculty and students.

India Thursday made a strong pitch to woo tourists from Canada, with Tourism Secretary Sujit Banerjee and Pacific Asia Travel Association (PATA) delegates luring visitors with presentations on the country's exotic sites.

Before G8 and G20 summits in Toronto next month can discuss a proposed global bank tax, Canada, whose banks stood out during the economic meltdown, has mounted an international effort to scuttle the idea. To get the US, India, China and other economies on their side and scuttle the idea, three Canadian ministers have reached Washington, Mumbai and Shanghai.

India's Minister for Roads and Transport Kamal Nath said in Toronto that the next decade will be the "decade of infrastructure" in India and invited Canadian investors to participate in it.

A string of aggressive growth initiatives from Chinese energy companies like Sinopec and CNOOC shows that the world's second largest economy is very thirsty for oil.

Some of the must-have tools for BlackBerry's latest OS. The news this week that BlackBerry is planning to release two new mobile devices has shown that the troubled Canadian manufacturer is far from finished. Since releasing its all-new BB10 operating system last year alongside it's first-ever touchscreen devices, the company has continued to be a favourite for business and consumer customers.

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