News

Latest news Articles

Stella-Jones reports $77M Q1 profit, up from $60M a year earlier

MONTREAL — Stella-Jones Inc. reported a first-quarter profit of $77 million, up from $60 million a year ago, as its revenue rose nine per cent.

By The Canadian Press | 05.08.24

MONTREAL — Stella-Jones Inc. reported a first-quarter profit of $77 million, up from $60 million a year ago, as its revenue rose nine per cent.

By The Canadian Press | 05.08.24

Air Canada ranks near bottom on customer satisfaction: survey

MONTREAL — Air Canada ranks below most other major North American airlines on customer satisfaction, with airfares a particular sore point, according to a new survey.

By The Canadian Press | 05.08.24

MONTREAL — Air Canada ranks below most other major North American airlines on customer satisfaction, with airfares a particular sore point, according to a new survey.

By The Canadian Press | 05.08.24

Suncor leasing oil tanker ships to carry crude from Trans Mountain pipeline expansion

CALGARY — Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed Trans Mountain pipeline expansion to Pacific markets.

By The Canadian Press | 05.08.24

CALGARY — Suncor Energy Inc. says it is leasing and operating a number of Aframax oil tanker ships to carry crude from the recently completed Trans Mountain pipeline expansion to Pacific markets.

By The Canadian Press | 05.08.24

Shopify shares sink as company posts Q1 loss, forecasts slower revenue growth

Shopify Inc.'s shares slumped Wednesday as the company reported a loss in its latest quarter and forecast slower revenue growth for next quarter in its financial outlook.

By The Canadian Press | 05.08.24

Shopify Inc.'s shares slumped Wednesday as the company reported a loss in its latest quarter and forecast slower revenue growth for next quarter in its financial outlook.

By The Canadian Press | 05.08.24

London Drugs president says sorry for cyber breach, no evidence customer data taken

RICHMOND, B.C. — The president of London Drugs has issued a letter apologizing for a cybersecurity incident that forced the company to close stores for more than a week, but he says there's no evidence customer databases were compromised.

By The Canadian Press | 05.08.24

RICHMOND, B.C. — The president of London Drugs has issued a letter apologizing for a cybersecurity incident that forced the company to close stores for more than a week, but he says there's no evidence customer databases were compromised.

By The Canadian Press | 05.08.24

Saint John, N.B., airport offers new regional routes after COVID-19 disruption

SAINT JOHN, N.B. — Regional air service in New Brunswick will get a boost in September when Saint John Airport adds new weekday flights to Halifax, reviving a route that was cancelled because of the pandemic.

By The Canadian Press | 05.08.24

SAINT JOHN, N.B. — Regional air service in New Brunswick will get a boost in September when Saint John Airport adds new weekday flights to Halifax, reviving a route that was cancelled because of the pandemic.

By The Canadian Press | 05.08.24

RioCan REIT reports profits up as retail demand holding up well

TORONTO — Despite Canada's slowing economic growth, demand is propping up the retail leasing market as rents continue to trend upwards, said the chief executive of RioCan Real Estate Investment Trust.

By The Canadian Press | 05.08.24

TORONTO — Despite Canada's slowing economic growth, demand is propping up the retail leasing market as rents continue to trend upwards, said the chief executive of RioCan Real Estate Investment Trust.

By The Canadian Press | 05.08.24

ATCO subsidiary to build new Alta. pipeline to supply gas to petrochemical project

CALGARY — Canadian Utilities Ltd., a subsidiary of Calgary-based holding company ATCO Ltd., plans to build a new, $2-billion natural gas pipeline in Alberta that will supply a massive net-zero petrochemical project being built northeast of Edmonton.

By The Canadian Press | 05.08.24

CALGARY — Canadian Utilities Ltd., a subsidiary of Calgary-based holding company ATCO Ltd., plans to build a new, $2-billion natural gas pipeline in Alberta that will supply a massive net-zero petrochemical project being built northeast of Edmonton.

By The Canadian Press | 05.08.24

S&P/TSX composite down as shares of Shopify tumble, U.S. stock markets mixed

TORONTO — Canada's main stock index was down more than 100 points as shares of tech heavyweight Shopify Inc. dropped nearly 20 per cent after it reported a loss in its latest quarter and forecast slower revenue growth.

By The Canadian Press | 05.08.24

TORONTO — Canada's main stock index was down more than 100 points as shares of tech heavyweight Shopify Inc. dropped nearly 20 per cent after it reported a loss in its latest quarter and forecast slower revenue growth.

By The Canadian Press | 05.08.24

Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts sales

TORONTO — Spin Master Corp. says it continues to face challenges from inflation, higher interest rates and a slowdown in consumer spending, including on toys, that it predicts will remain through least the end of the year.

By The Canadian Press | 05.08.24

TORONTO — Spin Master Corp. says it continues to face challenges from inflation, higher interest rates and a slowdown in consumer spending, including on toys, that it predicts will remain through least the end of the year.

By The Canadian Press | 05.08.24