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National Business
National Business
B.C. fruit group, $50M in debt to bank, files for creditor protection
PENTICTON, B.C.
Aug 13, 2024 4:57 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 4:04 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 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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