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Target Q2 sales ebb on inflation, Pride shopper backlash and it cuts profit outlook
NEW YORK (AP) — Target's second quarter sales were hit by inflation and a negative reaction by some customers, widely publicized on social media, to its Pride merchandise .
Aug 16, 2023 7:06 AM
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Wholesale sales excluding petroleum products and oilseeds and grains down in June
OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products and other hydrocarbons and excluding oilseed and grains, fell 2.8 per cent to $80.5 billion in June.
Aug 16, 2023 7:02 AM
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CMHC says annual pace of housing starts fell 10% in July
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in July fell 10 per cent compared with June when they posted their strongest showing so far this year.
Aug 16, 2023 6:45 AM
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D-Box Technologies launches strategic alternatives review
MONTREAL — D-Box Technologies Inc. says it has launched a review of strategic alternatives.
Aug 16, 2023 6:10 AM
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Housing crisis: Feds stick by immigration plan, rethink international student flows
OTTAWA — The alarm bells are becoming bull horns: Canada's housing supply isn't keeping up with the rapid rate of population growth.
Aug 16, 2023 2:00 AM
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Metro says union refused request to meet amid ongoing grocery strike in the GTA
TORONTO — Amid an ongoing strike by Metro workers in Toronto, the grocery giant said Unifor refused its request to meet with the bargaining committee.
Aug 15, 2023 6:03 PM
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Alberta bid winner for donair costume says all about provincial pride — and lettuce
EDMONTON — The Edmonton business owner who forked out $16,000 in a government-sponsored bidding war for a life-size donair costume says it was all about keeping the meat suit from being desecrated by lettuce-rejecting Maritimers.
Aug 15, 2023 3:12 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 (19,899.79, down 390.75): Enbridge Inc. (TSX:ENB). Energy. Down $1.05, or 2.19 per cent, to $46.86 on 15.1 million shares.
Aug 15, 2023 2:58 PM
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S&P/TSX composite falls almost 400 points, U.S. stock markets also retreat
TORONTO — Canada's main stock index fell almost 400 points, or nearly two per cent, Tuesday on broad-based weakness, while U.S. markets also fell, with the three major indexes south of the border each losing more than one per cent.
Aug 15, 2023 2:42 PM
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Suncor has been too focused on energy transition, must get back to fundamentals: CEO
CALGARY — The man hired to turn around the flagging fortunes of Suncor Energy Inc. said Tuesday he believes the company has been too focused in recent years on the energy transition and must get back to an oil-centred business strategy.
Aug 15, 2023 2:35 PM
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