Skip to content

National Business

Martinrea rebounds with strong start to 2021 as Q1 profit surges 34.5 per cent

Martinrea rebounds with strong start to 2021 as Q1 profit surges 34.5 per cent

TORONTO — Martinrea International Inc. rebounded from a tough end to 2020 with net income surging 34.5 per cent in the first quarter on higher revenues. The auto parts manufacturer says it earned $38.
Read more >
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,290.98, down 19.76 points.) Enbridge Inc. (TSX:ENB). Energy. Down 58 cents, or 1.18 per cent, to $48.42 on 31.5 million shares.
Read more >
West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord

West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord

CALGARY — West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings on higher prices and production of lumber and building panels after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1.
Read more >
US proposes ending rule that weakened wild bird protections

US proposes ending rule that weakened wild bird protections

BILLINGS, Mont. — Longstanding protections for wild birds would be restored under a proposal unveiled Thursday to bring back prosecutions of avian deaths by industry that were ended under former President Donald Trump.
Read more >
S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

TORONTO — Canada's main stock index slipped despite positive moves by the commodities sectors while the loonie hit its highest level in more than three years.
Read more >
N.L. in financial crisis of its own making, time to rein in public spending: report

N.L. in financial crisis of its own making, time to rein in public spending: report

ST. JOHN'S, N.L. — Poor management and a culture of indifference toward debt have brought Newfoundland and Labrador to a financial breaking point, according to a long-awaited economic report released Thursday.
Read more >
OpenText reports $91.5M profit in Q3, as company grows customer base

OpenText reports $91.5M profit in Q3, as company grows customer base

WATERLOO, Ont. — A slew of new customers and products delivered a 252 per cent increase in net income for OpenText Corp. in its latest quarter. The Waterloo, Ont.-based tech company says its net income for its third quarter amounted to US$91.
Read more >
Paw Patrol movie, digital games put Spin Master on track for return to growth

Paw Patrol movie, digital games put Spin Master on track for return to growth

TORONTO — Spin Master executives said Thursday that the company behind "Paw Patrol" and several other globally successful toy and entertainment franchises aims to be a global leader in digital games for children.
Read more >
Wealth management firms must better cater to young investors' social beliefs: study

Wealth management firms must better cater to young investors' social beliefs: study

Wealth management firms need to better cater to environment and social-minded investors to tap into a younger market that is about to boom, according to the market research company J.D. Power.
Read more >
Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity

Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity

CALGARY — The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with BP Gas Marketing Ltd. that allows it to account for over 70 per cent of future production from the plant.
Read more >