ADVERTISEMENT
Shares in oil producer Cenovus Energy Inc. jumped more than nine per cent Thursday after it reported quarterly profits that beat market expectations, upped its shareholder payout and sought to reassure investors it can withstand oil prices much weaker than they are today.
WSP Global Inc. remains largely insulated from tariff fallout and cost-cutting by the U.S. government, but acquisitions at the engineering giant may have to take a back seat amid broader economic uncertainty, says chief executive Alexandre L’Heureux.
The head of one of Canada’s largest auto parts suppliers says that despite months of handwringing over U.S. President Donald’s Trump’s tariffs and how they would impact the automotive industry, her company has been mostly unscathed by them so far.
Tim Hortons parent company Restaurant Brands International Inc. reported its first-quarter profit fell compared with year ago.
Maple Leaf Foods Inc. says it earned a first-quarter profit of $49.6 million, down from $51.6 million a year ago, as its sales rose eight per cent.
Quebecor Inc. reported its first-quarter profit rose compared with a year ago.
Canada approved a $20.9 billion (US$15.1 billion) plan to build a new, smaller kind of nuclear power plant, providing a significant shot in the arm for the nascent industry.
BCE Inc. cut its quarterly dividend payment to shareholders and announced a partnership deal with the Public Sector Pension Investment Board to help accelerate the development of fibre infrastructure in the U.S.
he tariff fight that has broken out between the U.S. and its trading partners doesn’t appear to be rankling Canadian Tire Corp. Ltd. customers as much as its CEO once expected.
Shopify Inc. shares fell after the company projected slowing profit growth in the current quarter, with executives pledging to keep spending to boost sales growth.
If Shell Plc were to acquire BP Plc, it would be among the largest deals in European history, creating for the first time a European oil major that could challenge industry leaders Exxon Mobil Corp. and Chevron Corp.
Molson Coors Beverage Co. lowered its full-year guidance as the challenging consumer environment in the U.S. drives shoppers away from the company’s products.
U.S. President Donald Trump renewed his criticism of U.S. Federal Reserve Chair Jerome Powell after the board declined to cut interest rates, but stopped short of repeating his call for Powell to be ousted.
Investment banker Gary Antenberg is joining Royal Bank of Canada from Barclays Plc to focus on insurance and alternative asset management clients.
MDA Space Ltd. reported its first-quarter profit and revenue rose compared with a year ago.
Brookfield Corp. is eyeing faster international growth in its insurance and wealth business, with a particular focus on the U.K., after that division helped propel the firm’s earnings in the first quarter.
