Skip to content

National Business

Goodfood reports record third-quarter revenue amid growing grocery selection

Goodfood reports record third-quarter revenue amid growing grocery selection

MONTREAL — Goodfood Market Corp. reported a net loss of $2 million despite revenue rising to a record $107.8 million in its third quarter, a 24 per cent increase compared with a year ago at the start of the pandemic.
Read more >
CIBC and a group of international banks look to set up new carbon credit market

CIBC and a group of international banks look to set up new carbon credit market

TORONTO — CIBC and a group of international banks have announced plans for a voluntary carbon marketplace pilot that they say will help make it easier for companies to buy carbon offsets.
Read more >
West Fraser Timber to buy back up to $1 billion of its shares

West Fraser Timber to buy back up to $1 billion of its shares

VANCOUVER — West Fraser Timber Co. Ltd. says it plans to buy back up to $1 billion worth of its shares. The forestry company says it is conducting a "modified Dutch auction" with a tender price range of $85 to $98 per share.
Read more >
Official: Haiti President Jovenel Moïse assassinated at home

Official: Haiti President Jovenel Moïse assassinated at home

PORT-AU-PRINCE, Haiti (AP) — Haitian President Jovenel Moïse was assassinated in an attack on his private residence, according to a statement Wednesday from the country’s interim prime minister, who called the killing a “hateful, inhumane and barbari
Read more >
Met Opera stagehands to return to work after lockout

Met Opera stagehands to return to work after lockout

NEW YORK (AP) — Stagehands at the Metropolitan Opera planned to return to work Wednesday after recommending their union ratify a new labor contract negotiated following a lockout that started last year.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,300.03, up 18.57 points.) The Toronto-Dominion Bank. (TSX:TD). Financials. Down 39 cents, or 0.45 per cent, to $87.25 on 25.
Read more >
TSX sets record despite crude prices dropping after hitting six-year high

TSX sets record despite crude prices dropping after hitting six-year high

TORONTO — After being underwater for most of the day, Canada's main stock index recovered to set a new record close after crude oil prices briefly hit their highest levels in more than six years. The S&P/TSX composite index closed up 18.
Read more >
Racism harms workplace relationships in Canada, CEOs expected to take action: Survey

Racism harms workplace relationships in Canada, CEOs expected to take action: Survey

TORONTO — Racism is harming workplace dynamics in Canada, with nearly 80 per cent of Black Canadians saying racism has damaged their relationship with their employer, according to new research released Tuesday.
Read more >
Feds to begin talks on high frequency rail with Indigenous groups, private sector

Feds to begin talks on high frequency rail with Indigenous groups, private sector

QUEBEC — The federal government said it’s taking the first steps in building a long-awaited high frequency rail line along the Toronto to Quebec City corridor.
Read more >
Montreal, Quebec City home prices rose in June while sales fell: QPAREB

Montreal, Quebec City home prices rose in June while sales fell: QPAREB

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal and Quebec City home prices soared and sales fell in June, as the province began to rebound from the COVID-19 pandemic.
Read more >