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BCE reports profit boost after wave of job cuts

BCE reports profit boost after wave of job cuts

MONTREAL — BCE Inc. boosted its profits despite a dip in revenue last quarter as the telecom giant began to feel the financial effect of thousands of job cuts from earlier this year.
Gildan says proxy battle cost US$57 million in Q2 as Glenn Chamandy returns to helm

Gildan says proxy battle cost US$57 million in Q2 as Glenn Chamandy returns to helm

MONTREAL — As Gildan Activewear Inc. gears up for its 40th anniversary, the Montreal-based company is ready to put a recent leadership battle in the rearview mirror.
Lion Electric announces 300 more layoffs, driving stock into the tank

Lion Electric announces 300 more layoffs, driving stock into the tank

MONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses. The announcement sent the electric bus company's shares into a tailspin, leaving them a penny stock by day's end.
Canadian Tre Ford to make his first start of CFL season for Edmonton Elks

Canadian Tre Ford to make his first start of CFL season for Edmonton Elks

Different season, same situation for Tre Ford. The Canadian quarterback will make his first start of 2024 on Saturday night when Edmonton (0-7) visits the Saskatchewan Roughriders (5-2). Ford, of Niagara Falls, Ont.
WSP Global on the hunt for big companies as acquisitions climb the to-do list

WSP Global on the hunt for big companies as acquisitions climb the to-do list

MONTREAL — WSP Global Inc. is eyeing larger acquisitions once again after working to integrate its sprawling operations as it snapped up smaller companies over the past 18 months, says CEO Alexandre L’Heureux.
Toronto Raptors to hold training camp in Montreal ahead of NBA season

Toronto Raptors to hold training camp in Montreal ahead of NBA season

TORONTO — The Toronto Raptors will hold their training camp in Montreal ahead of the upcoming NBA season. The Raptors announced Wednesday that the camp runs from Oct. 1 through Oct. 5 at Université du Québec à Montréal's sports centre.
Davie shipyard to expand operations south of the border to build icebreakers

Davie shipyard to expand operations south of the border to build icebreakers

MONTREAL — A Quebec shipbuilder's expansion to the United States is part of the Biden administration's renewed focus on Arctic defence — and a way to get around protectionist law dating back decades.
Privacy Commissioner investigating Ticketmaster after data breach

Privacy Commissioner investigating Ticketmaster after data breach

GATINEAU, Que. — The Privacy Commissioner of Canada says it has launched an investigation into Ticketmaster Canada following a major data breach that involved the personal information of millions of people worldwide.
Canadiens sign defenceman Kaiden Guhle to six-year, $33.3M extension

Canadiens sign defenceman Kaiden Guhle to six-year, $33.3M extension

MONTREAL — The Montreal Canadiens signed defenceman Kaiden Guhle to a six-year, US$33.3-million contract extension on Wednesday.
CGI sees $440.1M in net earnings in Q3, will pay quarterly dividend

CGI sees $440.1M in net earnings in Q3, will pay quarterly dividend

MONTREAL — CGI Inc. recorded net earnings of $440.1 million in its third quarter. The Montreal-based technology and business consulting firm says the net earnings for the period ended June 30 compared with $414.9 million a year prior.
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