T he Canadian dollar’s CAD/USD-I roller-coaster ride will end this year, with forecasts of minimal moves ahead after three years of jerky ups and downs, according to a Reuters poll. Observers expect the economy’s recovery from deep recession to support the Canadian currency, even as the Bank of Canada’s likely hesitancy to raise interest rates tempers the rise.

A legal spat has broken out between a trio of Canadian oil heavyweights, as Suncor Energy Inc. SU-T and Imperial Oil Ltd.

T oday’s top stories from Report on Business : Toyota’s troubles deepen The U.S. government is turning up the heat on Toyota Motor Corp. TM-N as its recall troubles related to sticky gas pedals escalate

B ombardier Inc. BBD.B-T chief executive officer Pierre Beaudoin is accusing Boeing Co. BA-N and Airbus SAS of “protectionism” by threatening to use anti-competitive practices to harm sales of the Canadian aircraft manufacturer’s new C Series plane

C isco Systems Inc.’s CSCO-Q quarterly results beat expectations on what chief executive officer John Chambers called a dramatic business acceleration as customers resumed upgrading networks to handle growing Internet traffic. Cisco, which sells routers, switches, and other equipment that support wireless and Internet use, said Wednesday that revenue for its fiscal second quarter ended Jan. 23 rose 8 per cent from a year earlier to $9.8-billion (U.S.)

Raymond James & Associates Inc. was ordered by an arbitration panel to pay Wells Fargo Advisors LLC $12.1 million in a case involving claims of broker raiding.

The requirement that brokers who provide advice be regulated as registered investment advisers may be dropped from financial-reform legislation being considered by the Senate Banking Committee, according to consumer groups and state securities regulators. Fearing that brokers and insurance groups may convince members of the committee to support doing a study only of broker-adviser harmonization, the groups held a telephone press conference today in which they blasted the brokerage and insurance industries, along with the Securities and Exchange Commission and the Financial Industry Regulatory Authority Inc. “In the past week or so, troubling reports have emerged that the committee may be considering eliminating draft legislation requirements that brokers that provide investment advice act in the best interests of their clients,” said Barbara Roper, director of investor protection for the Consumer Federation of America.