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Parkland Corp. faces lawsuit from top shareholder Simpson Oil

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.
Power utility Hydro One reports Q2 profit and revenue up from year ago

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.
Metro reports lower profits while sales rise 3.5% amid continued discount shift

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.
CPP Investments earned one per cent return for Q1, net assets rise to $646.8B

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.
B.C. fruit group, $50M in debt to bank, files for creditor protection

B.C. fruit group, $50M in debt to bank, files for creditor protection

PENTICTON, B.C.
District of West Vancouver, B.C., passes zoning changes, falls in line with province

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.
Jasper council told wildfire caused $283 million in lost property value

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.
Chorus Aviation reports $180.6-million loss in second quarter

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.
Cargojet reports $25-million loss in second quarter, revenues rise

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.
AutoCanada announces cybersecurity breach, earnings hit by previous incident

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.
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