The U.S. credit rating agency Standard & Poor's has downgraded its outlook for Ontario to negative, as the governing Liberals say the $15-billion provincial deficit has receded by $300 million.

Canada's largest telecommunications company says it will cut 300 employees from various divisions across the country, although no specific division of the company will be targeted.

Police are anxious to know the identity of a motorcyclist who recorded himself weaving along a busy B.C. highway at speeds approaching 300 km/h.

CAE Inc. is cutting 300 jobs despite growing revenues and profits as the flight simulator and training company adjusts to the impact of military budget cuts in Europe.