Air Canada pins hopes on business travellers after profits fall
MONTREAL — Air Canada lost $81 million in its first quarter, falling below analysts' expectations even as revenue and capacity ramped up.
MONTREAL — Air Canada lost $81 million in its first quarter, falling below analysts' expectations even as revenue and capacity ramped up.
TD Bank hit with $9.2M penalty after failing to report suspicious transactions
TORONTO — Canada’s financial intelligence agency says it has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.
TORONTO — Canada’s financial intelligence agency says it has levied a $9.2-million penalty against The Toronto-Dominion Bank for non-compliance with money laundering and terrorist financing measures as the bank also faces compliance investigations in the U.S.
Thomson Reuters reports Q1 revenue up, raising revenue guidance for full year
TORONTO — Thomson Reuters Corp. reported lower profits but a rise in revenue in its first quarter as it also modestly raised its expectations for revenue growth for the year.
TORONTO — Thomson Reuters Corp. reported lower profits but a rise in revenue in its first quarter as it also modestly raised its expectations for revenue growth for the year.
There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem
OTTAWA — Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark.
OTTAWA — Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark.
April auto sales jump 14 per cent; still below pre-pandemic levels: DesRosiers
TORONTO — DesRosiers Automotive Consultants Inc. says April car sales were up 14 per cent compared with the same month last year, though they're still below levels seen pre-pandemic.
TORONTO — DesRosiers Automotive Consultants Inc. says April car sales were up 14 per cent compared with the same month last year, though they're still below levels seen pre-pandemic.
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.
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.
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.
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.
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.
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.
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.
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.
BCE reports Q1 profit and operating revenue down from year ago
MONTREAL — BCE Inc. reported its first-quarter profit fell compared with a year ago as it faced higher severance, acquisition and other costs related mainly to job cuts.
MONTREAL — BCE Inc. reported its first-quarter profit fell compared with a year ago as it faced higher severance, acquisition and other costs related mainly to job cuts.
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