Skip to content

National Business

Restaurant sales surpassed pre-pandemic levels in March: Statistics Canada

Restaurant sales surpassed pre-pandemic levels in March: Statistics Canada

OTTAWA — Restaurant and bar sales in this country have surpassed their pre-COVID-19 levels for the first time since the pandemic began, according to Statistics Canada.
Read more >
Vermilion Energy Inc. completes purchase of Leucrotta Exploration

Vermilion Energy Inc. completes purchase of Leucrotta Exploration

CALGARY — Vermilion Energy Inc. says it has completed its acquisition of Leucrotta Exploration Inc. Calgary-based Vermilion said in March that it would acquire the junior energy company in a deal worth $477 million.
Read more >
CAE profit soars in Q4 as revenues increase 25% excluding ventilators last year

CAE profit soars in Q4 as revenues increase 25% excluding ventilators last year

MONTREAL — CAE Inc. says its net profit attributable to shareholders soared last quarter as revenues increased even excluding ventilators sold to the Canadian government last year for people suffering from COVID-19.
Read more >
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,729.34, down 190.06 points.) Arc Resources Ltd. (TSX:ATX). Energy. Down 51 cents, or 2.6 per cent, to $19.05 on 54.7 million shares.
Read more >
S&P/TSX breaks seven-day winning streak to end volatile month slightly lower

S&P/TSX breaks seven-day winning streak to end volatile month slightly lower

TORONTO — Canada's main stock index snapped a seven-day winning streak to close a volatile month slightly lower a day before an expected Bank of Canada interest rate hike.
Read more >
Stocks slip on Wall Street as messy May comes to a close

Stocks slip on Wall Street as messy May comes to a close

NEW YORK (AP) — Stocks ended lower after another wobbly day on Wall Street Tuesday, closing out a rocky month. The S&P 500 fell 0.6%, having recouped about half of its loss from earlier.
Read more >
Bank of Canada on track for rate hike after GDP growth slows: Economists

Bank of Canada on track for rate hike after GDP growth slows: Economists

OTTAWA — Economists say the Bank of Canada is still on track for another oversized rate hike on Wednesday after the latest Statistics Canada data showed the pace of economic growth slowed in the first quarter.
Read more >
Gold Fields signs deal to buy Canadian miner Yamana Gold worth US$6.7B

Gold Fields signs deal to buy Canadian miner Yamana Gold worth US$6.7B

TORONTO — Gold Fields Ltd. has signed a deal to buy Yamana Gold Inc. in an deal valued at US$6.7 billion. The companies say the deal will bring together two complementary gold portfolios. Under the agreement, Yamana shareholders will receive 0.
Read more >
Experts say dividend-paying stocks are not for everyone

Experts say dividend-paying stocks are not for everyone

Bob Lai, a 39-year-old product manager and blogger in Vancouver, has an investment portfolio comprised of 51 dividend stocks and one ETF. Lai started investing in his early 20s when ETFs weren’t widely available or popular.
Read more >
Cenovus Energy to restart work on stalled offshore oil project in Newfoundland

Cenovus Energy to restart work on stalled offshore oil project in Newfoundland

ST. JOHN'S, N.L. — Cenovus Energy will restart work on the West White Rose offshore oil project in Newfoundland, ending nearly two years of uncertainty in the local energy sector, the company announced Tuesday.
Read more >