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Roots records $2.2M in earnings in Q3, sales down 8.5% from last year

Roots records $2.2M in earnings in Q3, sales down 8.5% from last year

TORONTO — Roots Corp. says it earned about $2.2 million in its latest quarter as sales dropped by 8.5 per cent since the same time last year. The Toronto clothing retailer says its net income for the third quarter fell from $10.8 million a year ago.
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Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

CALGARY — Crescent Point Energy Corp. says it has signed an agreement with Paramount Resources Ltd. to acquire additional Kaybob Duvernay assets for $375 million.
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Igor brand Gorgonzola mild ripened blue-veined cheese was sold in Ontario and Quebec

Igor brand Gorgonzola mild ripened blue-veined cheese was sold in Ontario and Quebec

OTTAWA — The Canadian Food Inspection Agency has issued a recall for Igor brand Gorgonzola mild ripened blue-veined cheese due to possible Listeria contamination. The affected product distributed by Jan K.
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TC Energy shuts down Keystone pipeline system after leak in Kansas

TC Energy shuts down Keystone pipeline system after leak in Kansas

CALGARY — TC Energy Corp. has estimated the volume of oil released in Wednesday's Keystone pipeline leak at 14,000 barrels, making this most recent spill larger than Keystone's 2017 and 2019 leaks combined.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,969.19, down 4.03 points.) Suncor Energy Inc. (TSX:SU). Energy. Down four cents, or 0.10 per cent, to $40.62 on 10.8 million shares.
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S&P/TSX composite edges down; U.S. markets tick higher on quiet trading day

S&P/TSX composite edges down; U.S. markets tick higher on quiet trading day

Canada's main stock index edged downwards and U.S. markets ticked slightly higher on what was overall a quiet day of trading Thursday. The S&P/TSX composite index closed down 4.03 points at 19,969.19.
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BoC shifting from how much to raise rates to whether to raise them: Deputy Governor

BoC shifting from how much to raise rates to whether to raise them: Deputy Governor

The Bank of Canada's steep rate hike cycle could be coming to an end, but don't expect rates to start going back down any time soon.
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Stocks rise on Wall Street, but remain lower for the week

Stocks rise on Wall Street, but remain lower for the week

NEW YORK — Stocks closed higher on Wall Street but remain lower for the week after five straight losses. The S&P 500 rose 0.8% Thursday and the tech-heavy Nasdaq added 1.1%. The Dow Jones Industrial Average rose 0.5%. U.S.
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Banks get court approval to host virtual or hybrid AGMs for another year

Banks get court approval to host virtual or hybrid AGMs for another year

TORONTO — Canada's most prominent banks and insurers say they are sticking with the virtual or hybrid annual general meetings they adopted during the COVID-19 pandemic for another year.
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CRTC refuses Telus request to add credit card processing fee to certain bills

CRTC refuses Telus request to add credit card processing fee to certain bills

OTTAWA — Canada's telecommunications regulator refused a request from Telus Corp. to charge some customers a credit card processing fee.
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