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Precision Drilling reports Q1 profit and revenue down from year ago
CALGARY — Precision Drilling Corp. reported a first-quarter profit of $36.5 million, down from $95.8 million a year ago, as its revenue also edged lower. The company says the profit amounted to $2.
Apr 25, 2024 8:59 AM
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US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
WASHINGTON (AP) — The nation’s economy slowed last quarter, growing at an annual rate of 1.6% in a sign that the high interest rates may be taking a toll on borrowing and spending.
Apr 25, 2024 8:45 AM
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Aircraft maker Bombardier reports Q1 profit and revenue down from year ago
MONTREAL — Bombardier Inc. reported a first-quarter profit of US$110 million, down from a profit of US$302 million a year earlier, as its revenue fell 12 per cent. The Montreal-based aircraft maker, which keeps its books in U.S.
Apr 25, 2024 8:18 AM
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Teck Resources reports first-quarter profit down from year ago
VANCOUVER — Teck Resources Ltd. reported its first-quarter profit fell compared with a year ago due in part to its reduced ownership in its steelmaking coal business as well as lower copper and zinc prices and higher costs.
Apr 25, 2024 8:17 AM
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Telecom complaints jump 43% as Rogers accounts for one-quarter of grievances: report
The watchdog that handles grievances about telecommunications companies in Canada says complaints about phone, internet and television services were up 43 per cent halfway through its reporting year.
Apr 25, 2024 6:00 AM
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'A little wacky': Tim Hortons to stage theatrical production called 'The Last Timbit'
In the last year, Tim Hortons has treated cottaging Canadians to a boat drivethru, revived its beloved Dutchie doughnut and launched flatbread pizzas.
Apr 25, 2024 4:05 AM
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Manitoba lifts ban on homegrown cannabis, pauses some new retail licences
WINNIPEG — The Manitoba government's plan to let people grow cannabis in their homes is being accompanied by a temporary pause on approval of some new retail outlets.
Apr 24, 2024 8:54 PM
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Hot Docs boss says 'future of the organization is in jeopardy' as festival launches
Canada’s largest documentary film festival kicks off Thursday amid ongoing uncertainty over its finances, concerns over a mass staff exodus and a new president who says survival depends on reimagining it as a “leaner, meaner version.
Apr 24, 2024 6:02 PM
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Rogers plans sale of data centres, other real estate as it zeroes in on debt
TORONTO — Rogers Communications Inc. is listing its data centres for sale in an effort to raise a billion dollars as the company moves to pay off debt related to the Shaw merger, the company said.
Apr 24, 2024 5:47 PM
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Aecon Group posts loss of $6.1 million in first quarter, sales also lower
TORONTO — Aecon Group Inc. reported a loss of $6.1 million in its first quarter, compared with a loss of $9.4 million a year earlier. The Toronto-based company says revenue for the quarter ended March 31 totalled $846.6 million, down from $1.
Apr 24, 2024 5:32 PM
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