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National Business
Lion Electric swings to US$2.1M profit in Q1 as sales surge with vehicle deliveries
MONTREAL — The Lion Electric Co. says it swung to a profit last quarter as sales nearly quadrupled on a large increase in vehicle deliveries. The Montreal-based manufacturer of all-electric medium and heavy-duty urban vehicles says it earned US$2.
May 3, 2022 6:11 PM
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CBS declares television season victory with weeks to go
NEW YORK (AP) — The traditional broadcast television season doesn't end until later this month, but that hasn't stopped CBS from declaring victory.
May 3, 2022 5:19 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 (20,905.28, up 213.06 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.11, or 2.4 per cent, to $47.53 on 10.3 million shares.
May 3, 2022 5:13 PM
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Man convicted in $60M film finance fraud scheme
FORT LAUDERDALE, Fla.
May 3, 2022 5:01 PM
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S&P/TSX composite index lifted by broad rally led by energy, materials sectors
TORONTO — A broad rally pushed Canada's main stock index up more than 200 points as the energy and materials sectors gained on strong quarterly reports from key players. Energy increased 3.
May 3, 2022 4:50 PM
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Jon Yaged to succeed Don Weisberg as Macmillan CEO
NEW YORK (AP) — The CEO of Macmillan Publishers, Don Weisberg, will step down at the end of the year. Jon Yaged, currently the company's president, will succeed him.
May 3, 2022 3:45 PM
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Nutrien earns US$1.4B, hikes guidance as Ukraine war drives fertilizer demand
Nutrien Ltd. has significantly hiked its earnings forecast for the year after announcing a record first quarter profit driven by surging commodity prices and concerns about global food security due to Russia's invasion of Ukraine.
May 3, 2022 3:25 PM
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Intensity and persistence of supply chain disruptions surprised Bank of Canada
TORONTO — The intensity and persistence of supply chain disruptions that have helped fuel the rising cost of living have surprised the Bank of Canada, a senior bank official said Tuesday.
May 3, 2022 1:51 PM
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CannTrust renamed Phoena as company continues to rebuild following scandals
VAUGHAN, Ont. — Beleaguered cannabis company CannTrust Equity Inc. has been renamed Phoena Holdings Inc.
May 3, 2022 1:35 PM
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Strong lumber prices boost Canfor Q1 profits 25 per cent despite pulp losses
VANCOUVER — Canfor Corp. is reporting a 25 per cent increase in net profits in its latest quarter on near record high North American lumber prices that also boosted revenues. The Vancouver-based company said it earned $534 million of $4.
May 3, 2022 1:02 PM
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