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Oil executives expect sustained period of strong crude prices, survey shows

CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.

By The Canadian Press | 05.09.24

CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.

By The Canadian Press | 05.09.24

Nutrien CEO encouraged by strong demand and fertilizer market stabilization

Improved mine automation helped fertilizer giant Nutrien Ltd. increase potash production in the first quarter amid strong demand for its products, the company’s chief executive said.

By The Canadian Press | 05.09.24

Improved mine automation helped fertilizer giant Nutrien Ltd. increase potash production in the first quarter amid strong demand for its products, the company’s chief executive said.

By The Canadian Press | 05.09.24

Competition Bureau to launch market study into airline sector

OTTAWA — Canada's Competition Bureau says it will begin a market study focused on the Canadian airline sector.

By The Canadian Press | 05.09.24

OTTAWA — Canada's Competition Bureau says it will begin a market study focused on the Canadian airline sector.

By The Canadian Press | 05.09.24

Telus bolsters network investments, raises quarterly dividend as Q1 profit down

Telus Corp. plans to invest $73 billion to bolster its networks over the next five years, chief executive Darren Entwistle announced Thursday at the telecommunications company's annual general meeting.

By The Canadian Press | 05.09.24

Telus Corp. plans to invest $73 billion to bolster its networks over the next five years, chief executive Darren Entwistle announced Thursday at the telecommunications company's annual general meeting.

By The Canadian Press | 05.09.24

Cineplex banks on arcades as industry box office sales sag

The head of Cineplex Inc. is doubling down on arcades as he looks to top up revenues amid the unsteady return of audiences to theatres.

By The Canadian Press | 05.09.24

The head of Cineplex Inc. is doubling down on arcades as he looks to top up revenues amid the unsteady return of audiences to theatres.

By The Canadian Press | 05.09.24

Ontario secures more natural gas, battery storage for electricity supply

TORONTO — Ontario's electricity system operator has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.

By The Canadian Press | 05.09.24

TORONTO — Ontario's electricity system operator has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.

By The Canadian Press | 05.09.24

Canadian Tire revenue down in first quarter as consumer spending softens

TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.

By The Canadian Press | 05.09.24

TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.

By The Canadian Press | 05.09.24

WSP Global's acquisition hunt isn't over after ‘consolidation’ phase: CEO

MONTREAL — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.

By The Canadian Press | 05.09.24

MONTREAL — WSP Global expects to continue an acquisition spree this year after snapping up several more companies in the first three months of the year.

By The Canadian Press | 05.09.24

Quebecor reports Q1 profit and revenue up from year ago

MONTREAL — Quebecor Inc. reported its first-quarter profit was up compared with a year ago, helped by strength in its telecommunications business.

By The Canadian Press | 05.09.24

MONTREAL — Quebecor Inc. reported its first-quarter profit was up compared with a year ago, helped by strength in its telecommunications business.

By The Canadian Press | 05.09.24

Manulife to ramp up share buyback program after cutting low-growth assets

TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.

By The Canadian Press | 05.09.24

TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.

By The Canadian Press | 05.09.24