Norway's government says it will spend less of its oil wealth in an effort to avoid excessive economic growth, which has been boosting the national currency, hurting exporters.

The average selling price of a Canadian resale home was a little less than one per cent higher in April compared to the same month a year ago.

The Harper government's massive budget implementation bill is poised to clear its first major legislative hurdle without further attempts by the NDP to delay the vote on Monday evening.

The U.S. government is hoping that Monday's bankruptcy filing by Ally Financial Inc.'s troubled mortgage business will help the company repay its government bailout faster.

The Canadian and Polish governments have announced a new tax convention and a joint statement on energy cooperation, signalling an expansion in two-way trade and investment in the resource sector. Polish Prime Minister Donald Tusk concludes a three-day visit to Canada today.