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Parkland Corp. faces lawsuit from top shareholder Simpson Oil
In addition to its Burnaby refinery, Parkland operates approximately 4,000 fuel and convenience retail stores and commercial locations across Canada, the United States and the Caribbean.
Aug 14, 2024 11:12 AM
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Power utility Hydro One reports Q2 profit and revenue up from year ago
TORONTO — Hydro One Ltd. reported its second-quarter profit rose compared with a year ago. The power utility says its net income attributable to common shareholders amounted to $292 million or 49 cents per diluted share for the quarter ended June 30.
Aug 14, 2024 10:55 AM
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Metro reports lower profits while sales rise 3.5% amid continued discount shift
Metro Inc.'s chief executive says despite increasing competition in the discount grocery space, he thinks the retailer is well positioned to continue meeting demand for lower prices while also setting its conventional banners up for success.
Aug 14, 2024 10:38 AM
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CPP Investments earned one per cent return for Q1, net assets rise to $646.8B
TORONTO — Canada Pension Plan Investment Board says it earned a net return of 1.0 per cent in its first quarter, helped by its investments in public equities and across private asset classes.
Aug 14, 2024 8:32 AM
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B.C. fruit group, $50M in debt to bank, files for creditor protection
PENTICTON, B.C.
Aug 13, 2024 5:57 PM
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District of West Vancouver, B.C., passes zoning changes, falls in line with province
WEST VANCOUVER, B.C. — Councillors in the District of West Vancouver, B.C.
Aug 13, 2024 5:04 PM
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Jasper council told wildfire caused $283 million in lost property value
The town of Jasper says early numbers indicate last month’s wildfires destroyed $283 million worth of property.
Aug 13, 2024 3:56 PM
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Chorus Aviation reports $180.6-million loss in second quarter
HALIFAX — Chorus Aviation Inc. says it lost $180.6 million in its second quarter, down from profits of $20.3 million during the same quarter last year.
Aug 13, 2024 3:52 PM
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Cargojet reports $25-million loss in second quarter, revenues rise
MISSISSAUGA, Ont. — Cargojet Inc. reported a $25-million loss in the second quarter, down from a profit of $31.1 million a year earlier. The Mississauga-based air freight and plane leasing company says its revenues totalled $230.
Aug 13, 2024 3:35 PM
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AutoCanada announces cybersecurity breach, earnings hit by previous incident
EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
Aug 13, 2024 3:18 PM
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