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Alberta government fires AIMCo board, citing rising costs and poor performance
EDMONTON — Alberta’s finance minister has sacked the chief executive officer and entire board of directors of Alberta Investment Management Corp.
Nov 7, 2024 4:52 PM
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Saputo earns $126 million in second quarter as revenues rise
MONTREAL — Saputo Inc. says it earned $126 million in its second quarter, down from $156 million a year earlier. The Montreal-based company says revenues for the quarter ended Sept. 30 were $4.71 billion, up from $4.
Nov 7, 2024 4:10 PM
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Lightspeed eyes growth in retail and hospitality amid second-quarter loss
Lightspeed Commerce Inc.'s chief executive says the company is now focusing on finding new growth in two key areas. "We are going to really double down and reallocate resources ...
Nov 7, 2024 3:46 PM
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Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this wee
Nov 7, 2024 3:43 PM
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Former TD employee indicted for distributing customer data on Telegram
TORONTO — The Manhattan District Attorney has indicted a former TD Bank Group employee for allegedly distributing customer data on the Telegram messaging app while working in the bank's anti-money laundering department.
Nov 7, 2024 3:40 PM
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Study: killer whales at elevated risk for serious immune-system, reproductive issues
HALIFAX — A new study says persistent organic pollutants in waters off Canada’s East Coast are “dangerously high” for killer whales and put them at an elevated risk for serious immune-system and reproductive problems.
Nov 7, 2024 2:58 PM
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S&P/TSX composite index up more than 200 points, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 200 points Thursday, led higher by technology and base metals, while U.S. stock markets were mixed.
Nov 7, 2024 2:39 PM
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BCE denied regulatory relief, reports Q3 loss on asset impairment charge
Bell Canada-owner BCE Inc. was dealt another regulatory blow this week as it reported a loss in its latest quarter and recorded $2.11 billion in asset impairment charges, mainly related to Bell Media's TV and radio properties.
Nov 7, 2024 2:29 PM
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Stock market today: Most of Wall Street rises after the Fed cuts interest rates
NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
Nov 7, 2024 2:08 PM
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Ericsson announces funding boost for R&D centres through partnership with Ottawa
Wireless networking technology company Ericsson Canada says it is expanding a previously announced partnership with the federal government through a combined investment of more than $630 million in research and development centres.
Nov 7, 2024 2:00 PM
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