National Business

CALGARY — Suncor Energy Inc. says it earned $1.61 billion in the first three months of 2024, down from $2.05 billion a year earlier. The Calgary-based energy giant says its first-quarter earnings amount to $1.25 per common share, compared with $1.

MONTREAL — Nuvei Corp. says it lost US$4.8 million in the first quarter of 2024, compared with a loss of US$8.3 million a year earlier. The Montreal-based fintech company says revenues were US$335.1 million, up from US$256.

TORONTO — Alternative lender Goeasy Ltd. says it had a record volume of credit applications in its first quarter, up 41 per cent from a year earlier.

TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 billion a year earlier. The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.

TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier. The Toronto-based company says earnings per share were $3.68, up from $2.06 per share during the same quarter last year.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,290.62, up 31.15 points): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.88 per cent, to $50.58 on 18.8 million shares.

TORONTO — Strength in energy and base metals helped Canada's main stock index post a small gain, while U.S. markets were mixed but relatively flat. The S&P/TSX composite index closed up 31.15 points at 22,290.62.

CUPERTINO, Calif.

CALGARY — The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for "years" to come, an executive with oilsands producer MEG Energy Corp. said Tuesday.

The CRTC has denied a request by Bell Canada and some independent internet providers for an expedited decision that would prevent large carriers from using rivals' fibre networks to offer their services to customers.