News

OTTAWA — Shopify Inc. reported a fourth-quarter net income of US$1.29 billion, up from US$657 million a year ago, as its revenue rose more than 30 per cent. The e-commerce software company, which keeps its books in U.S. dollars, says the profit amounted to 99 cents US per diluted share for the quarter ended Dec. […]

OTTAWA — Calgary, Saint John, N.B. and Windsor, Ont. are the Canadian cities that would be hit the hardest by U.S. tariffs, says new research by the Canadian Chamber of Commerce. Using Statistics Canada trade data, the organization came up with a “U.S. Tariff Exposure Index” to look at the potential impact of threatened American […]

Canada’s business advocacy groups are calling for government action following promised American tariffs on Canadian steel and aluminum. U.S. President Donald Trump has signed an executive order to levy 25 per cent tariffs on steel and aluminum imports to his country beginning March 12. Canadian Chamber of Commerce president and CEO Candace Laing said in […]

TORONTO — Cineplex Inc. reported a fourth-quarter profit compared with a loss a year earlier as its revenue rose 15 per cent. The movie theatre company says it earned $3.3 million or five cents per share for the quarter ended Dec. 31. The result compared with a loss of $9.0 million or 14 cents per […]

OTTAWA — Liberal leadership candidate Chrystia Freeland will publish a plan today to lower food prices, attacking a key part of the cost-of-living issue that plagued her for much of her tenure as the minister of finance. A campaign official speaking on background confirms Freeland will be in British Columbia today as the plan is […]

TORONTO — Competition for Uber and Lyft is rolling into Canada. Estonian company Bolt announced Tuesday that it has launched its Hopp ride-hailing service in the Greater Toronto Area. Hopp’s Canadian debut adds Toronto, Mississauga, Markham, Vaughan and Richmond Hill to the roster of 600 cities in 50 countries it already operates in. In Canada, […]

OTTAWA — Prime Minister Justin Trudeau says his government will work to convince the administration of U.S. president Donald Trump his promised tariffs would have a negative affect on both countries. Trudeau says he will also be working with international “partners and friends” to respond to the tarrifs. U.S. President Donald Trump signed an executive […]

Progressive Conservative Leader Doug Ford is heading to Washington, D.C., today to meet with U.S. lawmakers and business leaders in his capacity as Ontario premier, while other party leaders continue campaigning in the province. Ford is making the trip with other premiers as chair of the Council of the Federation, in a bid to promote […]

Here’s where the leaders of Ontario’s main political parties are on Tuesday, Feb. 11: Progressive Conservative Leader Doug Ford Washington, D.C.: Ford will be there in his capacity as Ontario premier and chair of the Council of the Federation, meeting with U.S. lawmakers and business leaders to promote economic ties between the two countries. — […]

TORONTO — Canada’s top musical talent learn today if they are nominated for Juno Awards. The annual celebration of homegrown music is set to announce this year’s slate of contenders around midday. But organizers are skipping the usual press conference in Toronto for an entirely virtual event, with an evening soiree planned for the nominees. […]