Author: The Canadian Press
Page: 345
TORONTO — Spin Master Corp.’s CEO says he has an eye on numerous points of “volatility” the toy maker could face this year. Max Rangel says the Toronto-based company stands to be impacted by 10 per cent tariffs U.S. President Donald Trump has levied on goods entering his country from China. He says Spin Master’s […]
TORONTO — The threat of tariffs is leading to a pullback in borrowing as businesses and consumers wait to see what comes, said Scotiabank. Kicking off first-quarter results for Canadian banks, Scotiabank moderately boosted its provisions for bad loans but has held off on a larger allocation because of the lack of clarity of what […]
TORONTO — The Canadian agriculture industry needs to expand its international exports to hold its own against U.S. tariffs and global competitors, according to a new report from RBC. Amid the looming tariff threat, the report says Canada’s agriculture and agri-food sector is vulnerable as more than 60 per cent of its exports go to […]
TORONTO — Dye & Durham Ltd. says it has received an unsolicited offer to buy the company, but that it is not in talks regarding any such deal. The software company said Tuesday it has received an unsolicited, non-binding, conditional and indicative proposal to buy the company for $20 per common share. The bid would […]
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a profit of $53.5 million in its fourth quarter compared with a loss of $9.3 million a year earlier. The company says the profit amounted to 43 cents per share for the quarter ended Dec. 31 compared with a loss of eight cents per share a year […]
TORONTO — BMO Financial Group says it earned $2.14 billion in its first quarter, up from $1.29 billion in the same quarter last year. The bank says the profit amounted to $2.83 per diluted share for the quarter ended Jan. 31, up from $1.73 per diluted share a year earlier. Revenue totalled $9.27 billion, up […]
TORONTO — The Bank of Nova Scotia reported its first-quarter profit fell compared with a year ago as it was hit by a one-time charge related to the sale of its banking operations in Colombia, Costa Rica and Panama to Davivienda. Scotiabank reported net income of $993 million or 66 cents per diluted share for […]
Here’s where the leaders of Ontario’s main political parties are on Tuesday, Feb. 25: Progressive Conservative Leader Doug Ford Ottawa: Ford will have a press conference at 9:15 a.m. before going to meet workers in the Manotick area and making a stop in Stittsville. Mississauga: Ford will meet with union members. NDP Leader Marit Stiles […]
Falling down stairs, pushing stuck cars out of snow banks and cancelling events are just some of the challenges candidates have faced on the winter campaign trail, but Sol Mamakwa may have them all beat. This is Ontario’s first winter election campaign since 1981 and the incumbent NDP candidate for Kiiwetinoong in northwestern Ontario has […]
TORONTO — Thursday is election day in Ontario, and while the polls have consistently had the Progressive Conservatives cruising to re-election, there are various ridings across the province in which the results may come down to the wire or have broader implications. Here are 10 ridings to watch on election night: Mississauga East-Cooksville Liberal Leader […]