News

TORONTO — Thomson Reuters says its earnings slipped in the second quarter while revenue rose and it edged up its revenue outlook. The media giant says it had earnings of US$841 million in its second quarter, down from US$894 million last year. It says earnings worked out to US$1.86 per share, down from US$1.90 per […]

TORONTO — Canada Goose Inc. saw its net loss reach $74 million in its first quarter as revenue climbed. The Toronto-based luxury apparel company says the net loss for the period ended June 30 compared with a net loss a year earlier of $85 million. Those results amounted to a net loss attributable to shareholders […]

TORONTO — BCE Inc. says its earnings rose in the second quarter as it focused on cost management in a highly competitive environment, while adjusted earnings dipped. The telecoms giant says earnings attributable to shareholders came in at $537 million, up from $329 million in the same quarter last year. Earnings worked out to 59 […]

TORONTO — A coalition of Ontario developers has written to three levels of government to ask for a reduction in taxes on new housing, saying it will pass on those savings dollar for dollar to homebuyers. The new group, called the Coalition Against New-Home Taxes, or CANT, is composed of 18 developers who collectively plan […]

OTTAWA — A witness who stormed out of a parliamentary committee meeting in tears Wednesday is demanding an apology from a Liberal MP who put a halt to a planned discussion about violence against women in favour of a debate about abortion rights. Cait Alexander was on Parliament Hill to provide testimony at a rare […]

TORONTO — TMX Group Ltd. says it earned $100 million in the second quarter of 2024, up from $97.3 million during the same quarter last year. Revenue for the company that operates the Toronto Stock Exchange totalled $367.1 million, up from $306.2 million a year ago. Diluted earnings per share were 36 cents, up from […]

TORONTO — Live Nation is staying quiet after two performers associated with Kendrick Lamar say their dates at its Drake-affiliated History venue in Toronto were cancelled at the last minute. A representative for the global promoter and concert venue owner ignored numerous requests by The Canadian Press to clarify why fans of Schoolboy Q and […]

TORONTO — Gains in energy stocks and base metals led Canada’s main stock index up almost 300 points in a broad-based rally Wednesday, while major tech names led a rally on U.S. stock markets, and the U.S. Federal Reserve held its key interest rate steady. The S&P/TSX composite index closed up 286.14 points at 23,110.81. […]

TORONTO — Live Nation is staying quiet after two performers associated with Kendrick Lamar say their dates at its Drake-affiliated History venue in Toronto were cancelled at the last minute. A representative for the global promoter and concert venue owner ignored numerous requests by The Canadian Press to clarify why fans of Schoolboy Q and […]

TORONTO — The Toronto International Film Festival says it has signed up Rogers Communications as its new “presenting sponsor,” but only for the film festival itself and only for a single year. The agreement with the telecommunications giant spans TIFF’s annual 11-day event but does not cross over to its year-round activities, or naming rights […]