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National Bank of Canada reports Q1 profit of $932M boosted by trading revenue

National Bank of Canada reports Q1 profit of $932M boosted by trading revenue

Heightened market volatility drove up National Bank of Canada trading revenue and first quarter profits, its chief executive said Friday.
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CIBC revenue growth outpaces expenses, proposes stock split

CIBC revenue growth outpaces expenses, proposes stock split

TORONTO — CIBC's strategy of investing in its own growthhas led to increased revenue and earnings from loans, fees and capital markets in the first quarter that outpaced rising expenses, chief executive Victor Dodig said Friday.
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FRANKFURT, Germany (AP) — Even as gunfire sounded in Ukraine's capital, natural gas kept flowing normally Friday through the major pipelines from Russia to Europe.
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Key inflation gauge hit 6.1% in January, highest since 1982

Key inflation gauge hit 6.1% in January, highest since 1982

WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.
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'We can't keep on slamming the brakes:' N.S. gym owner on reopening plans

'We can't keep on slamming the brakes:' N.S. gym owner on reopening plans

HALIFAX — In less than 24 months, Hannah Kovacs temporarily closed her gym Move East three times.
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Federal government posts $70.1B deficit for April-to-December period

Federal government posts $70.1B deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $70.1 billion for the April-to-December period of its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the result compared with a deficit of $248.
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Hydro One reports $159M Q4 profit, down from $161M a year ago

Hydro One reports $159M Q4 profit, down from $161M a year ago

TORONTO — Hydro One Ltd. reported a fourth-quarter profit attributable to common shareholders of $159 million, down from $161 million a year earlier. The utility says the profit amounted to 27 cents per share for the quarter ended Dec.
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J&J, distributors finalize $26B landmark opioid settlement

J&J, distributors finalize $26B landmark opioid settlement

CAMDEN, N.J.
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CWB Financial reports Q1 profit up from year ago, beats expectations

CWB Financial reports Q1 profit up from year ago, beats expectations

EDMONTON — CWB Financial Group reported its first-quarter profit rose compared with a year ago and beat expectations. The Edmonton-based bank says the profit attributable to common shareholders amounted to $87.
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Hudson's Bay closing one of two downtown Toronto stores in May

Hudson's Bay closing one of two downtown Toronto stores in May

TORONTO — Hudson's Bay is closing one of its two stores in downtown Toronto after 48 years. The department store retailer says its Bloor Street location will close May 31, joining stores in Edmonton, Winnipeg and Dorval, Que.
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