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Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

CALGARY — Cenovus Energy Inc. saw its profits surge in the third quarter as the Calgary based oil company overcame a number of challenges that had plagued it earlier in the year. Cenovus said Thursday it earned a third-quarter profit of $1.
Store-level sales across toy industry 'disappointing' in Oct: Spin Master

Store-level sales across toy industry 'disappointing' in Oct: Spin Master

TORONTO — Spin Master Corp. executives say the lead-up to the usually bustling holiday sales season has so far wound up below expectations.
Sault Ste. Marie shooter was convicted of breaking police car window, drunk driving

Sault Ste. Marie shooter was convicted of breaking police car window, drunk driving

Court records show that the man who killed four people – including three of his own children – before turning a gun on himself in Sault Ste. Marie, Ont., last week was convicted two decades ago of smashing a police car window and impaired driving.
'Abnormal': Quebec says there are still too many asylum seekers entering the province

'Abnormal': Quebec says there are still too many asylum seekers entering the province

Quebec's immigration minister says the number of asylum seekers entering the province is "abnormal." Christine Fréchette told reporters today that the federal government needs to do more to distribute would-be refugees across the country.
Ticats head coach Steinauer won't say who'll be his starting QB against Montreal

Ticats head coach Steinauer won't say who'll be his starting QB against Montreal

HAMILTON — Orlondo Steinauer wasn't tipping his hand Thursday regarding who'll be his starting quarterback Saturday.
Lightspeed Q2 revenue up 25% from year ago as company advances payments strategy

Lightspeed Q2 revenue up 25% from year ago as company advances payments strategy

An ongoing shift in its payments processing strategy helped Lightspeed Commerce Inc. record a 25 per cent increase in its second-quarter revenue. The Montreal-based e-commerce technology company, which keeps its books in U.S.
PM urged to back off digital tax before White House hemispheric trade summit Friday

PM urged to back off digital tax before White House hemispheric trade summit Friday

WASHINGTON — Business leaders are seizing on Prime Minister Justin Trudeau's trip to Washington on Friday to urge him to delay a controversial tax aimed at foreign tech firms that cater to Canadian audiences.
Greater Toronto home sales drop 5.8 per cent in October amid high borrowing costs

Greater Toronto home sales drop 5.8 per cent in October amid high borrowing costs

TORONTO — Greater Toronto home sales fell 5.8 per cent last month compared with October 2022, with sales of townhouses recording the biggest decline.
Maple Leaf Foods posts smaller loss of $4.3M in Q3 as market challenges ease

Maple Leaf Foods posts smaller loss of $4.3M in Q3 as market challenges ease

TORONTO — The head of Maple Leaf Foods Inc. said he's confident the company has "all the building blocks in place" for success as markets normalize.
Canadian Natural president Tim McKay to retire, Scott Stauth to be promoted to role

Canadian Natural president Tim McKay to retire, Scott Stauth to be promoted to role

CALGARY — Canadian Natural Resources Ltd. president Tim McKay will retire next year after a five-year leadership stint that coincided with the Calgary-based company surpassing $100 billion in market value.
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