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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 2:56 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 2:52 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 2:35 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 2:18 PM
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S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher
TORONTO — Canada's main stock index gained almost one per cent on Tuesday, boosted by financial and technology stocks, while U.S. stock markets also climbed higher, led by a 2.4-per-cent gain on the Nasdaq.
Aug 13, 2024 1:59 PM
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CRTC expands ability for internet providers to sell service over telecoms' networks
Canada's telecommunications regulator is expanding a decision that allows smaller internet providers to use rivals' fibre networks to offer their services to customers.
Aug 13, 2024 1:57 PM
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CAE profits fall as supply-chain headwinds persist
MONTREAL — CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints. The flight simulator maker says net income attributable to shareholders fell 26 per cent to $48.
Aug 13, 2024 1:52 PM
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Montreal man sentenced to 10 years in U.S. for 'massive' telemarketing scheme
MONTREAL — A Montreal man has been sentenced to 10 years in prison by a Pennsylvania judge for operating a telemarketing scheme that defrauded American seniors of millions of dollars.
Aug 13, 2024 1:47 PM
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Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain
HALIFAX — A national union that represents workers at Atlantic Canada's largest newspaper chain says conditions demanded by Postmedia in its bid to buy the insolvent SaltWire Network are not as bad as some observers had feared.
Aug 13, 2024 1:46 PM
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Nova Scotia urged to address 'pathways' that lead people to losing their homes
HALIFAX — One major step that Nova Scotia can take to reduce homelessness is by addressing the "pathways" that lead vulnerable people to end up on the street, the head of a shelter for women and children said Tuesday.
Aug 13, 2024 1:44 PM
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