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National Business
National Business
What tech layoffs, temporary foreign workers and boomers mean for the labour force
TORONTO — Canada's economy has seen a constant stream of layoffs hitting companies from the tech sector and beyond in recent months while many employers lament a shortage of workers, but neither seems to be weighing heavily on the country's jobs numb
Feb 14, 2023 7:55 PM
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Suncor's fourth-quarter profits increase 76 per cent to $2.74 billion
CALGARY — Suncor Energy Inc. says it earned $2.74 billion in the fourth quarter of 2022, a 76 per cent increase from the $1.55 billion it earned in the same three months of 2021.
Feb 14, 2023 6:01 PM
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West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction
VANCOUVER — West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
Feb 14, 2023 5:05 PM
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First Quantum Minerals sees earnings rise in 2022 despite drop in fourth quarter
TORONTO — First Quantum Minerals Ltd. says it earned US$117 million in the fourth quarter of 2022, 52.
Feb 14, 2023 4:41 PM
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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 (20,704.79, up 2.56): Enbridge Inc. (TSX:ENB). Energy. Down $1.48, or 2.71 per cent, to $53.06 on 19 million shares.
Feb 14, 2023 4:06 PM
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Pandemic benefits reduced child poverty, government should build on success: report
OTTAWA — Pandemic benefits rolled out to cushion the blow of COVID-19 lockdowns on workers had the positive side effect of dramatically reducing poverty levels overall. Now, advocates want to see the federal government build on that success.
Feb 14, 2023 3:59 PM
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S&P/TSX composite largely unchanged Tuesday, U.S. markets mixed
TORONTO — Canada's main stock index was largely unchanged Tuesday as small gains in energy helped outweigh softness in financials and industrials, while U.S. markets were mixed. The S&P/TSX composite index was up 2.56 points at 20,704.79.
Feb 14, 2023 3:49 PM
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Credit, debit info and Plum points not compromised in cybersecurity incident: Indigo
TORONTO — Indigo Books & Music Inc. says customer credit and debit information was not compromised by a recent cybersecurity incident that has downed its online operations for almost a week.
Feb 14, 2023 3:25 PM
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Stocks end mixed after inflation cools by less than hoped
NEW YORK (AP) — Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped.
Feb 14, 2023 3:05 PM
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Profit slips for Tim Hortons restaurant owners amid high commodity costs, inflation
Tim Hortons' parent company released new details on the financial performance of its Canadian coffee shops on Tuesday that appear to shed light on concerns raised by some franchisees about restaurant-level profitability.
Feb 14, 2023 2:29 PM
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