Canadian National Railway Co. CNR-T -3.16%decrease says earnings slid last quarter amid higher labour costs and lower revenue from container shipments. The country’s largest railroad operator is reporting that net income fell nearly […]
Category: Uncategorized
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February retail sales down 0.1% to $66.7-billion, Statscan say
Statistics Canada says retail sales fell 0.1 per cent to $66.7 billion in February, weighed down by lower sales at gasoline stations and fuel vendors. The agency says sales at […]
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West Fraser Timber earns US$35 million in first quarter, up from loss last year
West Fraser Timber Co. says it earned US$35 million in its first quarter, up from a loss of US$42 million a year earlier. Earnings per diluted share were 42 cents […]
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Ottawa, Ontario to announce multibillion-dollar Honda EV deal this week
The federal government and Ontario are set to announce this week a multibillion-dollar deal with HMC-N +1.20%increase that will see the company build a comprehensive electric-vehicle chain in the province. The deal with […]
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The close: April 22
Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as investors eyed a busy week for quarterly results from key companies that would provide a […]
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Calendar: April 22 – April 26
Monday April 22 Euro zone consumer confidence (8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for March. Estimates are month-over-month increases of 1.0 per cent and 3.0 […]
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Shopify to Announce First-Quarter 2024 Financial Results May 8, 2024
Newsfile – Wed Apr 17, 6:02AM CDT Partnership Content Internet, Everywhere–(Newsfile Corp. – April 17, 2024) – Shopify Inc. (NYSE, TSX: SHOP), a provider of essential internet infrastructure for commerce, plans to […]
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Federal budget 2024: The full highlights
Housing, affordability and generational fairness are the buzzwords in the 2024 federal budget, unveiled by Finance Minister Chrystia Freeland on Tuesday. But the government’s newly announced spending goes well beyond those […]
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Inflation ticked higher in March. Are Bank of Canada rate cuts still in the cards?
Canada’s annual inflation rate rose slightly last month, accelerated largely by higher gas prices, data showed Tuesday. Statistics Canada reported that the overall inflation rate in the country was 2.9 per cent year-over-year […]