Skip to content

National Business

Parkland Corp. sees earnings rise in fourth quarter despite lower sales

Parkland Corp. sees earnings rise in fourth quarter despite lower sales

CALGARY — Parkland Corp. says it earned $86 million in its fourth quarter, up from $69 million a year earlier. The Calgary-based company says earnings per diluted share were 48 cents, up from 39 cents during the same quarter the year before.
Trans Mountain's latest cost estimate climbs 10 per cent, regulatory filing shows

Trans Mountain's latest cost estimate climbs 10 per cent, regulatory filing shows

CALGARY — The company building the Trans Mountain pipeline expansion now estimates the project's costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That's according to a regulatory filing Trans Mountain Corp.
Cineplex has made almost $40 million from online booking fees in competition case

Cineplex has made almost $40 million from online booking fees in competition case

TORONTO — Cineplex Inc. has made almost $40 million from online booking fees at the heart of deceptive marketing claims the country's competition commissioner has made against the cinema chain.
Starbucks and Workers United, long at odds, say they'll restart labor talks

Starbucks and Workers United, long at odds, say they'll restart labor talks

Starbucks and the union organizing its U.S. workers said Tuesday they have agreed to begin talks with the aim of reaching labor agreements .
Lynx Air hoped its purchase by Flair would ease debt woes

Lynx Air hoped its purchase by Flair would ease debt woes

Before its shutdown this week, Lynx Air hoped to pay off some of its debt to a top investor through a purchase by rival discount carrier Flair Airlines.
Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations

Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations

NEW YORK (AP) — Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
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 (21,318.90, down 5.41 points): Suncor Energy Inc. (TSX:SU). Energy. Down 18 cents, or 0.39 per cent, to $45.50 on 18.1 million shares.
S&P/TSX composite index little changed Tuesday, U.S. markets mixed

S&P/TSX composite index little changed Tuesday, U.S. markets mixed

TORONTO — Canada's main stock index was little changed Tuesday as bank earnings began to roll in, while U.S. markets were mixed. The S&P/TSX composite index was down 5.41 points at 21,318.90.
Why do so many discount airlines fold? Lynx Air is latest in a line of failures

Why do so many discount airlines fold? Lynx Air is latest in a line of failures

Lynx Air ceased to fly this week, the latest in a long line of discount carriers to bite the departures dust — brought down in part by stiff competition, high fees and Canada’s vast geography.
Stock market today: Wall Street holds steady near record highs

Stock market today: Wall Street holds steady near record highs

NEW YORK (AP) — Stocks held relatively steady on Wall Street near their record levels. The S&P 500 managed a gain of 0.2% Tuesday. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite rose 0.4%.
push icon
Be the first to read breaking stories. Enable push notifications on your device. Disable anytime.
No thanks