Skip to content

National Business

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

Tesla's 2Q profit falls 45% to $1.48 billion as sales drop despite price cuts and low-interest loans

DETROIT (AP) — Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company said Tuesday that it made $1.
Quebec government funnels another $413 million to Airbus A220 program

Quebec government funnels another $413 million to Airbus A220 program

MIRABEL, QUE. — The Quebec government is injecting another $413 million into the Airbus A220 commercial jet program, formerly known as the C Series, in a bid to improve its return on investment.
S&P/TSX composite index dragged lower Tuesday by energy, U.S. markets also down

S&P/TSX composite index dragged lower Tuesday by energy, U.S. markets also down

TORONTO — Losses in the energy sector led Canada's main stock index lower on Tuesday, while U.S. stock markets were also down.
Stock market today: A torrent of profit reports leaves Wall Street mixed as small stocks keep rising

Stock market today: A torrent of profit reports leaves Wall Street mixed as small stocks keep rising

NEW YORK (AP) — U.S. stocks held steady in a calm day on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.
Long-promised Nova Scotia Loyal program to offer rewards for buying local

Long-promised Nova Scotia Loyal program to offer rewards for buying local

HALIFAX — The Nova Scotia government announced Tuesday that its promised program to encourage people to buy local will award points only at Sobeys Inc. grocery stores and the provincial liquor corporation.
B.C., Ottawa ink $426M deals to support care assistants, drugs for rare diseases

B.C., Ottawa ink $426M deals to support care assistants, drugs for rare diseases

VANCOUVER — Ottawa is providing $426 million to support heath care in British Columbia.
'Complete panic': How to spot red flags in moving scams

'Complete panic': How to spot red flags in moving scams

Jenny Wilcockson missed the first red flag — the estimated price for her movers came in much lower than quotes from other companies. Planning a complicated move from Hamilton, Ont., to Yarmouth, N.S.
Securities fines and clawbacks jumped in past year: CSA

Securities fines and clawbacks jumped in past year: CSA

CALGARY — The Canadian Securities Administrators say fines and restitutions jumped in the last year compared with a year earlier. In its year in review, the umbrella group for provincial securities regulators says they imposed $27.
Three people from Laval, Que., killed in small plane crash in northeastern Ohio

Three people from Laval, Que., killed in small plane crash in northeastern Ohio

YOUNGSTOWN — Three people killed Friday when a small plane crashed while trying to make an emergency landing at an airport in northeastern Ohio have been identified as Quebec residents.
Freedom Mobile launches service in 50 Alberta and B.C. areas as expansion continues

Freedom Mobile launches service in 50 Alberta and B.C. areas as expansion continues

TORONTO — Freedom Mobile is launching in 50 cities across B.C. and Alberta as part of its parent company's aggressive expansion since acquiring the carrier last year. Quebecor Inc.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks