News
TORONTO — Brookfield Corp. reported a net income attributable to shareholders of US$432 million for its fourth quarter, down from US$699 million a year earlier. The company, which keeps its books in U.S. dollars, says its profit amounted to 25 cents US per diluted share for the quarter ended Dec. 31, down from 42 cents […]
TORONTO — Canadian Tire Corp. Ltd.’s CEO says consumers have started to ease up on the frugality they adopted to cope with the economic slowdown, but that progress has likely been “substantially erased” by tariff threats. Greg Hicks, who runs the retailer and its SportChek, Mark’s and Party City banners, said Thursday that the chains […]
OTTAWA — A report by the Canadian Federation of Independent Business says 18 per cent of small- and medium-sized businesses are seeing cancelled or paused orders due to the ongoing trade uncertainty with the United States. The business group says the proportion increases to 34 per cent among exporters, based on the survey of its […]
TORONTO — Canadian Tire Corp. Ltd. reported its fourth-quarter profit rose compared with a year earlier as its revenue crept higher. The retailer says its net income attributable to shareholders totalled $411.5 million or $7.37 per diluted share for the quarter ended Dec. 28, up from $172.5 million or $3.09 per diluted share a year […]
OTTAWA — Foreign Affairs Minister Mélanie Joly is travelling to Europe today. The minister will be in Europe until Feb. 18, traveling to France, Germany and Belgium to take part in conferences, meet with officials to discuss topics like geopolitical conflicts and foreign interference and speak in a roundtable on Arctic security. Joly will start […]
OTTAWA — Two Nova Scotia men are asking the Federal Court to declare the current suspension of Parliament illegal because there must be a “reasonable justification” for hitting the pause button. Federal lawyers contend in response that Prime Minister Justin Trudeau’s advice to the Governor General to prorogue Parliament is not subject to review by […]
OTTAWA — Liberal MP Karina Gould says she would work toward establishing a basic personal income if she wins the party’s leadership race next month. Gould is in Fredericton this morning visiting the city’s food bank, where she will speak about the policy. The Liberal grassroots have backed at least four resolutions for basic income […]
Some Ontario party leaders are heading north today as they gear up for the first debate of the election campaign, set to take place Friday in North Bay. But their travels along the campaign trail may be hampered by a winter storm that could bring significant snowfall to large swathes of the province. Liberal Leader […]
Here’s where the leaders of Ontario’s main political parties are on Thursday, Feb. 13: Progressive Conservative Leader Doug Ford No public events scheduled. — NDP Leader Marit Stiles Sudbury: Stiles is set to announce her northern platform at a local science centre at 1:30 p.m. — Liberal Leader Bonnie Crombie Barrie: Crombie is set to […]
OTTAWA — A new poll suggests many Canadians are willing to use their spending power to protest U.S. President Donald Trump’s tariff threats and attacks on Canadian sovereignty — but not if it means they have to kick their Netflix and Disney+ addictions. A Leger survey that polled 1,590 Canadians between Feb. 7 and Feb. […]