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OpenText Corp. sees earnings, revenues rise to kickstart financial year

OpenText Corp. sees earnings, revenues rise to kickstart financial year

OpenText Corp. says it earned US$80.9 million in the first quarter of its financil year, up from a loss of US$116.9 million a year earlier. Revenues for the Waterloo, Ont.-based company were US$1.
Defunding CBC would be 'devastating' to news in rural Canada, network president warns

Defunding CBC would be 'devastating' to news in rural Canada, network president warns

OTTAWA — The president and CEO of CBC/Radio-Canada defended the public broadcaster and its independence Thursday from a fresh barrage of pointed Conservative questions about its coverage of the Israel-Hamas conflict.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,626.34, up 547.34 points): Enbridge Inc. (TSX:ENB). Energy. Up $1.14, or 2.5 per cent, to $46.06 on 8.2 million shares.
Alberta proposes law on pension-exit referendum, but bill doesn't make result binding

Alberta proposes law on pension-exit referendum, but bill doesn't make result binding

EDMONTON — The Alberta government has introduced legislation promising residents will get a say in a referendum on leaving the Canada Pension Plan, but the bill does not force the government to accept the result.
'Letterkenny' to end with Season 12, dropping Christmas Day

'Letterkenny' to end with Season 12, dropping Christmas Day

TORONTO — "Letterkenny," Crave's ode to small town antics, will wrap up after its twelfth season later this year. Bell Media says six new episodes will hit the streaming service on Christmas Day, tying a bow on the Canadian comedy.
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

MONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
Canadian man in Gaza says Ottawa has asked him to be prepared to leave with family

Canadian man in Gaza says Ottawa has asked him to be prepared to leave with family

A Canadian man trying to get out of Gaza with his family says Global Affairs Canada asked him Thursday to gather his documents and be prepared to leave at any moment through the enclave's border crossing with Egypt.
TVA Group lays off more than 500 employees as audiences and ad revenues shrink

TVA Group lays off more than 500 employees as audiences and ad revenues shrink

MONTREAL — The TVA Group says it is laying off 547 employees — nearly a third of its workforce — amid restructuring as the company contends with declining audiences and ad revenues.
Pembina Pipeline reports record third quarter; raises full-year guidance

Pembina Pipeline reports record third quarter; raises full-year guidance

CALGARY — Pembina Pipeline Corp. says it earned $346 million in the third quarter of 2023, down from $1.8 billion in the same three-month period of 2022.
Minister intervenes in deportation of man facing death sentence in Egypt

Minister intervenes in deportation of man facing death sentence in Egypt

OTTAWA — A Montreal man who was set to be deported from Canada to Egypt, where he faces a death sentence, was given a last-minute reprieve Wednesday as the federal immigration minister intervened in his case and prevented his removal. Dr.
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