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Manulife net income slips in Q4 but up for 2022 as a whole
TORONTO — Manulife Financial Corp. says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year. The insurance giant says net income attributable to shareholders came in at $1.
Feb 15, 2023 3:46 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,720.39, up 15.60): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.32 per cent, to $52.89 on 19.7 million shares.
Feb 15, 2023 2:51 PM
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Stocks eke out gains after blowout data on retail sales
NEW YORK (AP) — Stocks closed slightly higher on Wall Street after a report showed U.S. shoppers opened their wallets at stores last month by much more than expected. The S&P 500 eked out a gain of 0.3% Wednesday after erasing an early loss.
Feb 15, 2023 2:50 PM
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Barclays, once major funder, commits to stop financing oilsands
Barclays PLC, once a major oilsands funder, says it will no longer provide financing to the industry.
Feb 15, 2023 2:45 PM
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Average rent in Canada up 10.7% since last year: report
TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases
Feb 15, 2023 2:21 PM
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Indigo risks reputational damage as outage drags on: experts
TORONTO — The risks of reputational damage are growing for Indigo Books & Music Inc. as its website remains off-line more than a week after a cyberattack, experts say. The company first announced on Feb.
Feb 15, 2023 1:59 PM
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Experts react to January home sales, which dropped 37.1 per cent
Canadian home sales were down 37.1 per cent in January compared with a year earlier, according to new figures from The Canadian Real Estate Association (CREA). It was the worst January for home sales since 2009.
Feb 15, 2023 1:25 PM
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Austin’s city manager fired over widespread power outages
AUSTIN, Texas (AP) — Austin's city manager was fired Wednesday in the wake of outrage over a slow and fumbled response to a winter storm power outage that left thousands of people in the Texas capital without electricity for a week or longer.
Feb 15, 2023 12:31 PM
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Alaska carbon plan: Boost state coffers without cutting oil
JUNEAU, Alaska (AP) — Oil-dependent Alaska has long sought ways to fatten its coffers and move away from the fiscal whiplash of oil’s boom-and-bust cycles. The newest idea, promoted by Republican Gov.
Feb 15, 2023 12:14 PM
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Magna announces Ontario expansion, new Brampton facility
BRAMPTON, Ont. — Magna is announcing it is putting more than $470 million into bolstering its Ontario operations, including an electric vehicle battery enclosure facility northwest of Toronto. The company says the new operation in Brampton, Ont.
Feb 15, 2023 11:00 AM
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