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Aritzia holds on to most fourth-quarter sales due to growth of e-commerce business
VANCOUVER — Aritzia capped a challenging 2020 by sustaining most of its revenue in the fourth quarter thanks to growth in e-commerce sales despite government-mandated store closures. The Vancouver-based clothing retailer says revenues were $267.
May 11, 2021 6:04 PM
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Judge dismisses NRA bankruptcy case in blow to gun group
DALLAS (AP) — A federal judge dismissed the National Rifle Association’s bankruptcy case Tuesday, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business.
May 11, 2021 5:34 PM
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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 (19,274.04, down 87.84 points.) Enbridge Inc. (TSX:ENB). Energy. Down 24 cents, or 0.5 per cent, to $48.19 on 24.5 million shares.
May 11, 2021 5:07 PM
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Canada's Paper Excellence announces deal to buy Domtar Corp. in US$3B deal
Paper Excellence is expanding into the U.S. with a deal to buy Domtar Corp. in an agreement with an enterprise value of about US$3 billion. The Richmond, B.C.
May 11, 2021 5:02 PM
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North American stock markets rally to pare early losses over inflation concerns
TORONTO — North American stock markets rallied to pare morning losses prompted by worries about rising inflation. The S&P/TSX composite index closed down 87.84 points to 19,274.04 after dropping by as much as 272 points earlier Tuesday.
May 11, 2021 4:41 PM
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Tangerine, RBC highest rated banks as overall satisfaction with banks drops: report
TORONTO — Royal Bank of Canada and Tangerine ranked highest among Canadian banks this year as overall customer satisfaction among major financial institutions dropped during the pandemic, a prominent market research company reported Tuesday. J.D.
May 11, 2021 4:31 PM
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N.B. redistributes $163 million in carbon tax revenue, cuts personal income tax
FREDERICTON — New Brunswick's finance minister is returning $28 million to New Brunswickers through a personal income tax cut.
May 11, 2021 3:48 PM
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MLB tells Athletics to explore relocation if no new ballpark
OAKLAND, Calif. (AP) — Major League Baseball has instructed the Athletics to explore relocation options as the team tries to secure the new ballpark it hopes for to stay in Oakland.
May 11, 2021 3:26 PM
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Oilsands producer Suncor and utility Atco to pursue 'world-class' hydrogen project
CALGARY — Oilsands producer Suncor Energy Inc. is partnering with utility Atco Ltd. on a "multibillion-dollar" project to produce more than 300,000 tonnes per year of hydrogen.
May 11, 2021 2:36 PM
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British PM seeks to bolster economy, union in new parliament
LONDON (AP) — The U.K.
May 11, 2021 12:36 PM
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