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Martinrea reports $17.1 million loss for Q3 on supply chain issues, rising costs
TORONTO — Martinrea International Inc. says it swung to a loss of $17.1 million in the third quarter compared with earnings of $45.6 million last year as supply chain issues and inflating costs cut into revenue.
Nov 4, 2021 3:44 PM
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Humboldt Broncos hockey team gets name, logo trademarked following 2018 fatal crash
HUMBOLDT, SASKATCHEWAN, CANADA — The Humboldt Broncos name and logo have officially been trademarked more than three years after the Saskatchewan hockey team’s tragic bus crash.
Nov 4, 2021 3:31 PM
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Air Canada boss apologizes amid widespread criticism for comments on learning French
MONTREAL — Air Canada CEO Michael Rousseau has apologized for comments he made about not needing to learn French to get by in Montreal, words that sparked immediate and widespread backlash.
Nov 4, 2021 3:23 PM
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McMillan to step down as head of oil and gas lobby group CAPP
CALGARY — The Canadian Association of Petroleum Producers is looking for a new CEO. The Calgary-based oil and gas lobby group says its current president and CEO, Tim McMillan, will step down this spring.
Nov 4, 2021 3:07 PM
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S&P/TSX composite climbs to record high as gold rises on slow path to rate hikes
TORONTO — Canada's main stock index set record highs as strong earnings drove gains by individual companies and the price of gold rose on signs that global central banks are in no hurry to raise interest rates.
Nov 4, 2021 3:07 PM
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Saputo earnings down amid challenging labour shortages, supply chain turmoil
Dairy giant Saputo Inc. struggled in its second quarter with sinking profit despite stable revenue as a perfect storm of COVID-19 disruptions, labour shortages and supply chain turmoil weighed on the company's bottom line.
Nov 4, 2021 3:03 PM
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Portugal’s president calls a snap election on Jan. 30
LISBON, Portugal (AP) — Portugal’s president announced Thursday that he is dissolving parliament and calling a snap election for Jan.
Nov 4, 2021 2:44 PM
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Ontario boosts health spending, plans to phase out COVID-19 supports
TORONTO — Ontario is boosting health spending, investing more in roads and bridges, and phasing out COVID-19 supports as it charts a path out of the pandemic.
Nov 4, 2021 2:43 PM
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Banking regulator lifts restrictions on dividend raises, share buybacks
TORONTO — Banks and insurers are free to increase dividends, resume share buybacks and raise executive compensation as of Thursday after Canada's financial services regulator lifted the COVID-19-related restrictions.
Nov 4, 2021 2:36 PM
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Canadian Natural reports $2.2B Q3 profit, raises quarterly dividend
CALGARY — The chief executive of oil and gas giant Canadian Natural Resources Ltd.
Nov 4, 2021 2:05 PM
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