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Martinrea reports record quarterly sales as supply constraints ease

Martinrea reports record quarterly sales as supply constraints ease

TORONTO — Martinrea International Inc. says it hit record quarterly sales in the third quarter as supply shortages eased and it passed on more inflationary costs to customers. The auto parts maker says sales of $1.
Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

OTTAWA — The regulatory fight over the $26-billion proposed merger between Rogers Communications Inc. and Shaw Communications Inc.
Most actively traded companies on the Toronto Stock Exchange

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 (19,517.71, up 91.57 points): Enbridge Inc. (TSX:ENB). Energy. Down five cents, or 0.09 per cent, to $53.03 on 7.5 million shares.
S&P/TSX composite up more than 90 points, U.S. markets down

S&P/TSX composite up more than 90 points, U.S. markets down

TORONTO — Canada's main stock index was up by more than 90 points on the first day of the month after a mid-morning trading halt due to a technical problem, while U.S. stocks were down on hotter-than-expected employment data and tech stocks.
A look at recent stock exchange outages around the world

A look at recent stock exchange outages around the world

Tuesday's outage at the Toronto Stock Exchange that temporarily halted trading may have frustrated investors and traders, but it's not the only high-profile technical glitch to affect a major global securities exchange in recent years.
EQ Bank closes $495 million takeover of Concentra Bank

EQ Bank closes $495 million takeover of Concentra Bank

TORONTO — EQ Bank owner Equitable Group Inc. said Tuesday it has closed its takeover of Concentra Bank in a deal valued at $495 million. The takeover of Concentra boosts Equitable's assets under management base by $13.
Stocks end lower as hot jobs data signals aggressive Fed

Stocks end lower as hot jobs data signals aggressive Fed

NEW YORK — Stocks gave up early gains and ended lower on Wall Street after an unexpectedly strong report on the job market raised concerns that the Federal Reserve will need to keep the pressure on inflation with aggressive interest rate increases.
Union expresses concern over Sunwing's proposed hiring of temporary foreign pilots

Union expresses concern over Sunwing's proposed hiring of temporary foreign pilots

MONTREAL — A labour union is raising concerns about Sunwing's proposal to hire temporary foreign workers to address Canada's pilot shortage in preparation for the winter travel surge, arguing the airline hasn't done enough to attract local employees
Molson Coors grappling with inflation as it reports Q3 profit down from year ago

Molson Coors grappling with inflation as it reports Q3 profit down from year ago

Molson Coors Beverage Co.'s chief executive says inflation has been a "significant headwind" for the brewer, weighing on its third-quarter profits even as sales increased.
Canadian Dairy Commission approves milk price increase for 2023 amid rising costs

Canadian Dairy Commission approves milk price increase for 2023 amid rising costs

Milk prices in Canada are expected to go up again in the new year. The Canadian Dairy Commission said Tuesday it has approved an increase in farm gate milk prices of about 2.2 per cent, or just under two cents per litre, effective Feb. 1, 2023.
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