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Young investors more likely to switch advisers, citing high fees: J.D. Power survey

TORONTO — Traditional wealth management firms are at an increasing risk of losing younger clients, particularly as new rules to make investment fees more transparent loom, a new survey shows.

By The Canadian Press | 05.02.24

TORONTO — Traditional wealth management firms are at an increasing risk of losing younger clients, particularly as new rules to make investment fees more transparent loom, a new survey shows.

By The Canadian Press | 05.02.24

S&P/TSX composite up in late-morning trading, U.S. stock markets also higher

TORONTO — Canada's main stock index was up in late-morning trading, helped by gains in the industrial and energy stocks, while U.S. stock markets also climbed.

By The Canadian Press | 05.02.24

TORONTO — Canada's main stock index was up in late-morning trading, helped by gains in the industrial and energy stocks, while U.S. stock markets also climbed.

By The Canadian Press | 05.02.24

Maple Leaf Foods swings back to Q1 profit as pork markets show signs of improvement

MISSISSAUGA, Ont. — Pork markets are showing signs of improvement, said Maple Leaf Foods Inc. chief executive Curtis Frank, helping the company achieve a profit in its first quarter compared with a year ago even as sales edged lower.

By The Canadian Press | 05.02.24

MISSISSAUGA, Ont. — Pork markets are showing signs of improvement, said Maple Leaf Foods Inc. chief executive Curtis Frank, helping the company achieve a profit in its first quarter compared with a year ago even as sales edged lower.

By The Canadian Press | 05.02.24

Centralized market would help community bonds scale up: report

TORONTO — An innovative funding model for community groups could grow to become more mainstream through better co-ordination and awareness, said a new report out Thursday.

By The Canadian Press | 05.02.24

TORONTO — An innovative funding model for community groups could grow to become more mainstream through better co-ordination and awareness, said a new report out Thursday.

By The Canadian Press | 05.02.24

Loblaw leaders push back on 'misguided criticism' of grocer as boycott begins

BRAMPTON, Ont. — Loblaw’s new chief executive, as well as chairman Galen Weston, pushed back on what they called “misguided criticism” of the grocer as a push to boycott the company gains steam online.

By The Canadian Press | 05.02.24

BRAMPTON, Ont. — Loblaw’s new chief executive, as well as chairman Galen Weston, pushed back on what they called “misguided criticism” of the grocer as a push to boycott the company gains steam online.

By The Canadian Press | 05.02.24

Paramount Resources reports $68.1M Q1 profit, raises monthly dividend 20%

CALGARY — Paramount Resources Ltd. raised its dividend by 20 per cent as it reported a first-quarter profit of $68.1 million.

By The Canadian Press | 05.02.24

CALGARY — Paramount Resources Ltd. raised its dividend by 20 per cent as it reported a first-quarter profit of $68.1 million.

By The Canadian Press | 05.02.24

Air Canada pins hopes on business travellers after profits fall

MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.

By The Canadian Press | 05.02.24

MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.

By The Canadian Press | 05.02.24

Dividend raise, CEO pay questioned at BCE annual meeting following job cuts

Frustration over BCE Inc.'s 4,800 job cuts earlier this year spilled over at the company's annual general meeting on Thursday, as investors and employees questioned executives on their compensation during a period of belt-tightening for staff.

By The Canadian Press | 05.02.24

Frustration over BCE Inc.'s 4,800 job cuts earlier this year spilled over at the company's annual general meeting on Thursday, as investors and employees questioned executives on their compensation during a period of belt-tightening for staff.

By The Canadian Press | 05.02.24

Statistics Canada says merchandise trade deficit $2.3 billion in March

OTTAWA — Canada posted a merchandise trade deficit of $2.3 billion in March, its largest deficit since June last year, Statistics Canada said Thursday.

By The Canadian Press | 05.02.24

OTTAWA — Canada posted a merchandise trade deficit of $2.3 billion in March, its largest deficit since June last year, Statistics Canada said Thursday.

By The Canadian Press | 05.02.24

Canadian Natural Resources sees path to hike Horizon oilsands output by 76 per cent

CALGARY — Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine's current capacity of approximately 255,000 barrels per day.

By The Canadian Press | 05.02.24

CALGARY — Canadian Natural Resources Ltd. said it believes the output of its Horizon oilsands mine could be increased by 195,000 barrels per day of synthetic crude oil, a 76 per cent hike from the mine's current capacity of approximately 255,000 barrels per day.

By The Canadian Press | 05.02.24