Restaurant Brands International Inc. recorded a US$364 million profit in its most recent quarter as it continued to warn of increases in commodity, labour, and energy costs.The Toronto-based owner of […]
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Magna beats expectations with profit boost as light vehicle production ramps up
Magna International Inc. is reporting a jump in profits and revenues for its third quarter, beating analyst expectations.The auto parts manufacturer, which keeps its books in U.S. dollars, says net […]
Telus profit plunges 74% in the third quarter as restructuring costs bite
VANCOUVER — The cost savings from recent layoffs at Telus Corp. will have a bigger impact on the company’s financial results in the coming quarters, Telus president and CEO Darren […]
Enbridge to purchase seven renewable gas facilities in Texas, Arkansas for US$1.2-billion
Canadian pipeline giant Enbridge Inc. ENB-T +0.43%increase has signed a deal to purchase seven existing renewable natural gas facilities in Texas and Arkansas for US$1.2-billion.The acquisition of the facilities from Texas-based Morrow Renewables […]
Canada’s unemployment rate rises to 5.7% in October as economy sees modest job gain
The Canadian economy added jobs at a slower pace in October and the unemployment rate ticked up, the latest sign of how higher interest rates are weighing on economic activity.The […]
Economic Calendar: Nov 6 – Nov 10
Monday November 6China trade surplusJapan and Euro zone services and composite PMIBank of Japan minutes from Sept. 21-22 meeting(10 a.m. ET) Canada’s Ivey PMI for October.(10 a.m. ET) U.S. Global […]
Canadian Stocks Move Sharply Higher Following U.S. Jobs Data
Published: 11/3/2023 12:57 PM ETExtending the strong upward move seen over the past several sessions, Canadian stocks have moved sharply higher during trading on Friday.The benchmark S&P/TSX Composite Index surged higher […]
Enbridge Reports Strong Third Quarter 2023 Financial Results and Reaffirms Financial Guidance and Outlook
CALGARY, AB, Nov. 3, 2023 /CNW/ – Enbridge Inc. (Enbridge or the Company) (TSX: ENB) (NYSE: ENB) today reported third quarter 2023 financial results, reaffirmed its 2023 financial outlook and provided a quarterly […]
ALTAGAS REPORTS STRONG THIRD QUARTER 2023 RESULTS
Continued Execution of AltaGas’ Strategic Plan Strongly Positions the Company to Deliver on 2023 Guidance and Drive Shareholder Value CreationCALGARY, AB, Nov. 3, 2023 /CNW/ – AltaGas Ltd. (“AltaGas” or the “Company”) (TSX:ALA.TO) today reported […]