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Heroux-Devtek earnings down amid turbulence in aerospace industry

Heroux-Devtek earnings down amid turbulence in aerospace industry

Heroux-Devtek Inc. swung to a net loss in its latest quarter as the landing-gear manufacturer felt the impact from severe turbulence in the global aerospace industry caused by the COVID-19 pandemic. The Quebec-based company said it lost $1.
U.S. aluminum tariffs 'disappointing' and 'unfortunate,' says B.C. premier

U.S. aluminum tariffs 'disappointing' and 'unfortunate,' says B.C. premier

VICTORIA — British Columbia Premier John Horgan says the United States government's decision to impose tariffs on Canadian raw aluminum is "disappointing." A statement from the premier's office says Canadian aluminum exports do not harm the U.S.
Domtar launches strategic review of personal care business after nine years

Domtar launches strategic review of personal care business after nine years

Domtar Corp. is launching a strategic review of its personal care business, nine years after launching the diaper and incontinence operations.
'Cautious consumer' to remain until COVID-19 vaccine, Indigo CEO says

'Cautious consumer' to remain until COVID-19 vaccine, Indigo CEO says

TORONTO — Canadian customers likely won't start frequenting stores for items not on their shopping list until there's a vaccine for COVID-19, Indigo Books & Music Inc. founder and chief executive said Friday.
Saskatchewan doctors want masks, distancing addressed in back-to-school plan

Saskatchewan doctors want masks, distancing addressed in back-to-school plan

REGINA — A doctors association in Saskatchewan is urging the provincial government to apply more caution when it comes to reopening schools.
Enerplus restarting North Dakota production despite threat to pipeline

Enerplus restarting North Dakota production despite threat to pipeline

CALGARY — Enerplus Corp. says it has restored North Dakota crude oil production halted during the pandemic-linked oil price crash in May despite a court ruling last month that the Dakota Access Pipeline must be shut down.

Ford urges Ontarians to buy local in retaliation for U.S. aluminum tariffs

TORONTO — Ontario's premier dove into the simmering trade battle between Canada and the United States on Friday, slamming the American president for disloyalty while urging the province's residents to join the fight by supporting local industry.
Parkland posts lower Q2 net income of $32 million as fuel sales fall by 14%

Parkland posts lower Q2 net income of $32 million as fuel sales fall by 14%

CALGARY — Service station operator Parkland Corp. is reporting higher-than-expected second quarter earnings despite pandemic-related hits to its sales volumes.
Magna takes big hit in second quarter from COVID-19 auto production shutdowns

Magna takes big hit in second quarter from COVID-19 auto production shutdowns

AURORA, Ont. — A "precipitous decline" in global auto manufacturing during the COVID-19 pandemic led Magna International Inc. to report its first operating loss since 2009 on Friday.
Pandemic hampered Q2 earnings, caused net income to fall: Sun Life CEO

Pandemic hampered Q2 earnings, caused net income to fall: Sun Life CEO

TORONTO — Sun Life Financial Inc. says the COVID-19 pandemic is to blame for troubles in its latest quarter.