News

Latest news Articles

Ontario secures more natural gas, battery storage for electricity supply

TORONTO — Ontario's electricity system operator says it 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 says it 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

Shares of MDA Space fall after posting Q1 profit down from year ago

BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.

By The Canadian Press | 05.09.24

BRAMPTON, Ont. — Space technology firm MDA Ltd. says it earned $13.8 million in net income in its first quarter, down from $16.1 million a year earlier, as its revenue edged higher.

By The Canadian Press | 05.09.24

S&P/TSX composite up more than 150 points in record-high territory

TORONTO — Canada's main stock index was up more than 150 points, as strength in telecommunication stocks and the base metal sector helped put it into record-high territory in late-morning trading.

By The Canadian Press | 05.09.24

TORONTO — Canada's main stock index was up more than 150 points, as strength in telecommunication stocks and the base metal sector helped put it into record-high territory in late-morning trading.

By The Canadian Press | 05.09.24

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

CALGARY — A new survey shows nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years.

By The Canadian Press | 05.09.24

CALGARY — A new survey shows nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years.

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

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

Telus reports Q1 profit down from year ago, raises quarterly dividend

VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago.

By The Canadian Press | 05.09.24

VANCOUVER — Telus Corp. raised its quarterly dividend as it reported its first-quarter profit fell compared with a year ago.

By The Canadian Press | 05.09.24

Fintrac imposes $6 million fine on cryptocurrency exchange Binance Holdings

OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd.

By The Canadian Press | 05.09.24

OTTAWA — The federal anti-money laundering agency has issued a $6-million fine to cryptocurrency exchange company Binance Holdings Ltd.

By The Canadian Press | 05.09.24

Nutrien CEO encouraged by strong demand and fertilizer market stabilization

SASKATOON — Nutrien’s chief executive says improved mine automation helped the fertilizer giant increase potash production in the first quarter amid strong demand for its products.

By The Canadian Press | 05.09.24

SASKATOON — Nutrien’s chief executive says improved mine automation helped the fertilizer giant increase potash production in the first quarter amid strong demand for its products.

By The Canadian Press | 05.09.24