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Metro reports lower profits while sales rise 3.5% amid continued discount shift
Metro Inc.'s chief executive says despite increasing competition in the discount grocery space, he thinks the retailer is well positioned to continue meeting demand for lower prices while also setting its conventional banners up for success.
Aug 14, 2024 10:38 AM
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CPP Investments earned one per cent return for Q1, net assets rise to $646.8B
TORONTO — Canada Pension Plan Investment Board says it earned a net return of 1.0 per cent in its first quarter, helped by its investments in public equities and across private asset classes.
Aug 14, 2024 8:32 AM
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District of West Vancouver, B.C., passes zoning changes, falls in line with province
WEST VANCOUVER, B.C. — Councillors in the District of West Vancouver, B.C.
Aug 13, 2024 5:04 PM
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Chorus Aviation reports $180.6-million loss in second quarter
HALIFAX — Chorus Aviation Inc. says it lost $180.6 million in its second quarter, down from profits of $20.3 million during the same quarter last year.
Aug 13, 2024 3:52 PM
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Cargojet reports $25-million loss in second quarter, revenues rise
MISSISSAUGA, Ont. — Cargojet Inc. reported a $25-million loss in the second quarter, down from a profit of $31.1 million a year earlier. The Mississauga-based air freight and plane leasing company says its revenues totalled $230.
Aug 13, 2024 3:35 PM
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AutoCanada announces cybersecurity breach, earnings hit by previous incident
EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
Aug 13, 2024 3:18 PM
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S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher
TORONTO — Canada's main stock index gained almost one per cent on Tuesday, boosted by financial and technology stocks, while U.S. stock markets also climbed higher, led by a 2.4-per-cent gain on the Nasdaq.
Aug 13, 2024 2:59 PM
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CRTC expands ability for internet providers to sell service over telecoms' networks
Canada's telecommunications regulator is expanding a decision that allows smaller internet providers to use rivals' fibre networks to offer their services to customers.
Aug 13, 2024 2:57 PM
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CAE profits fall as supply-chain headwinds persist
MONTREAL — CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints. The flight simulator maker says net income attributable to shareholders fell 26 per cent to $48.
Aug 13, 2024 2:52 PM
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Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain
HALIFAX — A national union that represents workers at Atlantic Canada's largest newspaper chain says conditions demanded by Postmedia in its bid to buy the insolvent SaltWire Network are not as bad as some observers had feared.
Aug 13, 2024 2:46 PM
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