Latest News
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Celestica: Q4 Earnings Snapshot
Celestica Inc. (CLS) on Wednesday reported profit of $151.7 million in its fourth quarter. On a per-share basis, the Toronto-based company said it had profit of $1.29. Earnings, adjusted for non-recurring gains, were $1.11 per…
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Rogers Communications Reports Fourth Quarter 2024 Results; Announces 2025 Financial Guidance
Rogers tops $20 billion in annual revenue in 2024 as more Canadians choose Rogers Wireless and Internet than any other carrier in Canada Q4 caps our third straight year of delivering industry-leading financial and operating…
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CPKC delivers strong fourth-quarter results; positioned to accelerate growth in 2025
Fourth-quarter 2024 results CPKC delivers strong fourth-quarter results; positioned to accelerate growth in 2025
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Imperial Oil’s fourth-quarter profit falls on weak crude prices
Canadian oil producer Imperial Oil IMO-T -2.42%decrease posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher production and stronger refinery-capacity utilization. Benchmark crude prices fell 3 per cent in 2024 due to economic…
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CN Rail profits nearly half in fourth quarter as cargo volumes sag
Canadian National Railway Co. CNR-T +0.56%increase says year-over-year profits fell by nearly half in its latest quarter amid lower volumes across virtually all freight segments. The country’s largest railway is reporting net income for the three months ended…
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The ‘extreme’ gap in Canadian and U.S. interest rates
The Bank of Canada cut its benchmark interest rate on Wednesday. Its U.S. counterpart, the Federal Reserve, did not. As a result, Canadian rates are lagging behind those of the U.S. at the widest differential…
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CGI appoints Julie Godin as executive chairperson, strikes deal to buy Britain’s BJSS
CGI Inc.GIB-A-T +0.13%increase is appointing Julie Godin as the company’s new executive chairperson, confirming the board believes the businesswoman is now ready to steer the Canadian IT and business consulting giant after a 15-year tenure. Ms. Godin…
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Bank of Canada cuts rate by quarter point, highlights tariff risk
The Bank of Canada cut its benchmark interest rate by a quarter-percentage-point on Wednesday and warned that the resilience of Canada’s economy “would be tested” if a trade war breaks out with the United States.…
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Metro reports higher first-quarter profit, boosts dividend after ‘transition year’
Metro Inc. MRU-T -3.59%decrease reported a 4-per-cent increase in profits in the first quarter, and boosted the dividend paid to shareholders, as the grocery retailer emerges from a “transition year” and says it plans to return to growth.…