LAVAL, Que. - Valeant Pharmaceuticals International, Inc. (TSX:VRX) has priced its previously announced public offering of shares aimed at helping finance the US$8.7-billion acquisition of eye care company Bausch + Lomb.

TERRACE, B.C. - There is a growing imbalance between oil supply and delivery in Canada and doing nothing is not an option, the lawyer for the Canadian Association of Petroleum Producers told a federal panel weighing the Northern Gateway project.

CALGARY - Cenovus Energy Inc. said Tuesday that it plans to massively increase the amount of oil it ships by rail by the end of 2014 as the fates of contentious pipeline projects remain undecided.

TORONTO - Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange:

By John Tilak TORONTO (Reuters) - Canada's main stock index climbed to a one-week high on Tuesday as positive economic data and hopes that the U.S. Federal Reserve will stick to its supportive monetary policy drove gains in almost every major sector. Coffee chain Tim Hortons Inc also boosted Canada's main stock index rising …

TORONTO - After five years, Bonnie Brooks is handing over the reins of the Hudson's Bay Co. (TSX:HBC) to become vice-chair at the country's biggest department store.

TORONTO - The Toronto stock market closed higher Tuesday as traders hoped that a two-day meeting of the U.S. Federal Reserve will yield some guidance on the future of the central bank's stimulus measures.

TORONTO - A New-York based hedge fund is putting pressure on Tim Hortons Inc. (TSX:THI) to make changes to boost profitability just months after it got a similar request from another U.S. investor.

TORONTO - A stronger vote of confidence for BlackBerry's future from analysts at RBC Capital Markets helped the smartphone company's stock rise nearly four per cent on Tuesday.

TORONTO - Big U.S. carrier Verizon said Tuesday that it's in the very early stages of sizing up the potential of entering Canada's wireless market.

MONTREAL - Bombardier's business jets dominated the aircraft orders announced Tuesday by the Montreal-based company on the second day of the Paris Air Show, accounting for most of the nearly US$2 billion worth of activity if all options are exercised.

By John Tilak TORONTO (Reuters) - Canada's resources-heavy stock market, which has struggled to gain traction in 2013, is expected to kick into gear in the second half of the year as the global economy rebounds, a Reuters poll found. The median forecast in a poll of 40 market strategists, taken in the past week, shows the …

LONDON, Ont. - TD Bank president and CEO Ed Clark says global leaders are failing to introduce the kinds of policies needed to get their economies on track.

BERLIN - Bombardier Transportation has agreed to deliver up to 450 electric locomotives by 2020 to German railway operator Deutsche Bahn AG under a framework deal that is potentially worth US$2 billion.