Latest News
-
IMO: Imperial Oil profit falls on impairment charge, lower crude prices
Canadian oil producer Imperial Oil IMO-T -2.24%decrease posted a sharp fall in third-quarter profit on Friday, hurt by non-cash impairment and restructuring charges and lower crude prices. In September, Imperial said it would cut its work force by about…
-
Magna raises annual sales forecast on demand for vehicle assembly, safety tech
Magna International MG-T +3.54%increase raised its annual sales forecast on Friday, as the Canadian auto parts supplier leans on demand for its vehicle assembly business and safety systems. The results follow peers Aptiv APTV-N -0.52%decrease and BorgWarner BWA-N -3.74%decrease warning of production snarls from…
-
Cenovus profit rises as record output, refinery strength offset weak oil prices
Cenovus Energy CVE-T +0.68%increase posted a rise in third-quarter profit on Friday, driven by record oil sands production and near-full refinery utilization that helped offset weaker crude prices. U.S.-listed shares of the Canadian oil and gas producer rose 1.5…
-
CNR slashes spending, jobs as tariffs bite
Canadian National Railway Co. CNR-T +3.17%increase is slashing its capital spending and laying off managers as the tariff war crimps freights shipments between Canada and the United States. The cuts will help it weather a “challenging” economy buffeted…
-
Canada’s GDP contracts in August, might still avoid a third-quarter recession
Canada’s gross domestic product contracted in August against widespread expectations of no growth, data showed on Friday, but an advanced estimate pointed out the economy might escape a recession in the third quarter. The economy…
-
ALTAGAS TO ISSUE THIRD QUARTER 2025 RESULTS
THIRD QUARTER HIGHLIGHTS (all financial figures are unaudited and in Canadian dollars unless otherwise noted) FINANCIAL RESULTS https://www.barchart.com/story/news/35786368/altagas-reports-strong-third-quarter-2025-results#:~:text=Additional%20information%20relating%20to%20AltaGas%2C%20including%20its%20quarterly%20and%20annual%20MD%26A%20and%20Consolidated%20Financial%20Statements%2C%20AIF%2C%20and%20press%20releases%20are%20available%20through%20AltaGas%27%20website%20at%20www.altagas.ca%20or%20through%20SEDAR%2B%20at%20www.sedarplus.ca%20.
-
Toy company Spin Master reports Q3 profit and revenue down from year ago
Spin Master Corp. reported its third-quarter profit and revenue fell compared with a year ago as it said it faced an uncertain economic environment and a shift in retailer buying behaviour driven by the impact…
-
Restaurant Brands International reports Q3 profit up from year ago
Restaurant Brands International Inc. says its third-quarter profit rose compared with a year ago helped by strength in its Tim Hortons and international operations. The company, which keeps its books in U.S. dollars, says its…
-
Gildan Activewear reports US$120.2M Q3 profit, revenue edges up from year ago
Gildan Activewear Inc. reported a third-quarter profit of US$120.2 million, down from US$131.5 million in the same quarter last year, as its net sales edged higher. The Montreal-based clothing maker, which keeps its books in…