News

OTTAWA — Statistics Canada says the country’s merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports. The result compared with a revised deficit of $1.5 billion for August. The initial estimate for August released last month had shown a deficit of $1.1 billion. Statistics Canada says the results for […]

TORONTO — Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent. The company, which keeps its books in U.S. dollars, says it earned US$301 million or 67 cents US per diluted share for the quarter ended Sept. 30. The result compared with a profit of […]

TORONTO — Restaurant Brands International Inc. reported net income of US$357 million for its third quarter, down from US$364 million in the same quarter last year. The company, which keeps its books in U.S. dollars, says its profit amounted to 79 cents US per diluted share for the quarter ended Sept. 30 compared with 79 […]

TORONTO — Former fashion mogul Peter Nygard is asking an Ontario court to review a decision to deny him bail as he appeals his sexual assault convictions and sentence. Nygard’s legal team is set to appear before the Court of Appeal for Ontario today to argue that the motions judge made several errors in dismissing […]

OTTAWA — The federal government has published new draft regulations that will force oil and gas companies to slash their greenhouse gas emissions. Here’s what that looks like, and what it might mean for the industry and for Canada’s climate targets: 1. What is an emissions cap and what does it target? The government is […]

TORONTO — Sun Life Financial Inc. says it earned $1.35 billion in the third quarter. That’s up from $871 million during the same quarter last year. The insurance company says diluted earnings per share were $2.33, up from $1.48 during the third quarter of 2023. Sun Life says underlying net income for the quarter was […]

MISSISSAUGA, Ont. — Cargojet Inc. says it earned $29.7 million in the third quarter, almost triple the $10.5 million it earned a year earlier. The Mississauga-based air freight and plane leasing company says its revenues totalled $245.6 million, up 14.8 per cent from $214.0 million during the same quarter in 2023. Diluted earnings per share […]

VANCOUVER — A Hindu temple in Surrey, B.C., is calling for the suspension of police officers involved in what it calls “unjustified violence against temple devotees” during unrest on Sunday in which three people were arrested. The arrests outside the Sri Lakshmi Narayana Hindu Temple came as protesters calling for a separate Sikh nation called […]

FRISCO, Texas (AP) — Dallas Cowboys quarterback Dak Prescott will miss at least one game with a hamstring injury that the team said Monday is still being evaluated. Coach Mike McCarthy ruled out Prescott for Sunday’s game at home against Philadelphia. Prescott was injured in the second half of a 27-21 loss at Atlanta. Multiple […]

TORONTO — Canada’s main stock index was essentially flat Monday as losses in telecom stocks offset gains in energy, while U.S. markets were down ahead of Tuesday’s election. The S&P/TSX composite index closed up 0.90 points at 24,256.06. In New York, the Dow Jones industrial average was down 257.59 points at 41,794.60. The S&P 500 […]