Author: The Canadian Press
Page: 531
TORONTO — By ordering TikTok to shut down its Canadian operations but not banning the app, digital media experts say the federal government is sending mixed messages that make it too hard for the average user to decide whether they should remain on the platform. Richard Lachman says the government’s messaging around the order was […]
OTTAWA — A committee of senators voted to add a major caveat to a politically charged bill from the Bloc Québécois that’s intended to protect supply management. The private member’s bill seeks to protect Canada’s supply management system during international trade negotiations, and had broad support in the House of Commons from all parties. It […]
TORONTO — Manulife Financial Corp. reported a profit increase last quarter that was driven by growth in Asia, while the company says it’s also seeing a boost from its push into artificial intelligence. The insurance giant reported a third-quarter profit of $1.83 billion, up four per cent from last year. Chief executive Roy Gori says […]
TORONTO — Canada Goose Holdings Inc. trimmed its financial guidance as it reported its second-quarter revenue fell compared with a year ago, thanks in part to weaker consumer confidence. The luxury clothing company’s direct-to-consumer (DTC) business came under more pressure than anticipated, said Dani Reiss, chairman and CEO. “We face an increasingly challenging consumer environment,” […]
TORONTO — Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in the base metal and technology sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was up 133.74 points at 24,771.19. In New York, the Dow Jones industrial average was down 26.95 points at 43,702.98. […]
TORONTO — Ontario is pushing through several bills with little or no debate, which the government house leader says is due to a short legislative sitting. The government has significantly reduced debate and committee time on the proposed law that would force municipalities to seek permission to install bike lanes when they would remove a […]
TORONTO — Barrick Gold Corp. reported a third-quarter profit of US$483 million, up from US$368 million a year ago as its revenue rose 18 per cent. The gold miner, which keeps its books in U.S. dollars, says the profit amounted to 28 cents US per share for the quarter ended Sept. 30 compared with a […]
BRAMPTON, Ont. — Brampton, Ont., says transit and other local services are facing disruptions and delays after 1,200 municipal employees went on strike. CUPE 831, a local unit of the Canadian Union of Public Employees, says workers walked off the job Thursday morning after entering a legal strike position at 12:01 a.m. The union says […]
TORONTO — Canadian Tire Corp. Ltd. executives are seeing early signs that consumers could soon ease up on the careful shopping habits they adopted to cope with inflation, but their outlook on the economy is still far from rosy. “Our customer data tells us that the impact of (cuts to) interest rates has yet to […]
TORONTO — Hannah Logan didn’t expect to wind up in the hospital, or face a pricey bill for X-rays and medication when she travelled to Bosnia over a decade ago. The Ottawa woman recalls staying in a “mouldy hostel” at the time, which led to her developing a lung infection and needing nine different types […]