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Retailer Roots reports fourth-quarter profit and sales down from year ago
TORONTO — Roots Corp. reported its fourth-quarter profit fell compared with a year ago as its sales also moved lower. The retailer says it earned $13.0 million or 31 cents per diluted share for the quarter ended Jan. 28, down from a profit of $18.
Apr 5, 2023 6:05 AM
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Competition Ltd.: Why major players dominate Canada's business landscape
Runaway food prices. A massive day-long telecom outage that knocked out internet and phone service across the country. Flight delays, cancellations and stranded air travellers.
Apr 5, 2023 2:00 AM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,275.76, down 2.52): TC Energy Corp. (TSX:TRP). Energy. Up 48 cents, or 0.90 per cent, to $53.77 on 20.3 million shares.
Apr 4, 2023 2:59 PM
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S&P/TSX composite largely unchanged Tuesday, U.S. markets move lower
TORONTO — Canada's main stock index was largely unchanged Tuesday as strength in telecom, technology, utilities and battery metals helped offset weakness in other sectors, while U.S. markets moved lower. The S&P/TSX composite index was down 2.
Apr 4, 2023 2:36 PM
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Experts urge CRTC to take action forcing companies to provide cell service on TTC
TORONTO — Amid calls for the Big Three telecommunications companies to provide wireless phone service on the TTC following a recent wave of violence, experts say the federal telecommunications regulator should force Rogers, Bell and Telus to use the
Apr 4, 2023 2:34 PM
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Oil could be headed back to US$100 a barrel this year: Industry experts
TORONTO — A surprise production cut by the Organization of Petroleum Exporting Countries and its allies (OPEC plus) is just one factor lifting the spirits of Canada's energy sector executives these days, as experts say crude prices could return to US$100 a barrel later this year.
Apr 4, 2023 2:23 PM
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Scotiabank, CIBC emphasize financial stability at shareholder meetings
TORONTO — The heads of CIBC and Scotiabank kicked off this year's round of shareholder meetings Tuesday by emphasizing their sound financial footing in the wake of several high-profile bank failures while also acknowledging they have more work to do.
Apr 4, 2023 1:49 PM
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Canada Jetlines pauses domestic routes, plans to resume in the fall
MONTREAL — Canada Jetlines has pressed pause on its domestic routes as the upstart airline refocuses on sun destinations and leasing its planes, but says it plans to resume in-country flights come fall.
Apr 4, 2023 1:48 PM
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Court throws out gas pipeline's West Virginia water permit
CHARLESTON, W.Va.
Apr 4, 2023 11:41 AM
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Credit Suisse investors slam failures as chairman apologizes
ZURICH (AP) — Credit Suisse shareholders on Tuesday upbraided the Swiss bank's leaders for years of mismanagement, scandal and obfuscation that sent its stock price into the gutter, while executives apologized and insisted that the only way forward f
Apr 4, 2023 10:55 AM
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