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Rogers says Corus's business model 'broken' after being accused of 'predatory' action
Corus Entertainment Inc. has filed a complaint with Canada's broadcasting regulator alleging Rogers Communications Inc. is "engaging in predatory behaviour" to suppress potential competition and breaching its regulatory requirements.
Aug 14, 2024 11:57 AM
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Eight hospitalized, three dozen displaced after Vancouver apartment fire
VANCOUVER — Officials with the City of Vancouver say eight people have been taken to hospital after a fire at an apartment building in the Kitsilano neighbourhood. A statement from the city says the fire began at about 2:30 a.m.
Aug 14, 2024 11:25 AM
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Parkland Corp. faces lawsuit from top shareholder Simpson Oil
CALGARY — Tensions between Parkland Corp. and Simpson Oil, its largest shareholder, continue to escalate, with the Cayman Islands-based Simpson announcing this week it has launched a lawsuit against the fuel retailer.
Aug 14, 2024 11:12 AM
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Power utility Hydro One reports Q2 profit and revenue up from year ago
TORONTO — Hydro One Ltd. reported its second-quarter profit rose compared with a year ago. The power utility says its net income attributable to common shareholders amounted to $292 million or 49 cents per diluted share for the quarter ended June 30.
Aug 14, 2024 10:55 AM
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Metro reports lower profits while sales rise 3.5% amid continued discount shift
Metro Inc.'s chief executive says despite increasing competition in the discount grocery space, he thinks the retailer is well positioned to continue meeting demand for lower prices while also setting its conventional banners up for success.
Aug 14, 2024 10:38 AM
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CPP Investments earned one per cent return for Q1, net assets rise to $646.8B
TORONTO — Canada Pension Plan Investment Board says it earned a net return of 1.0 per cent in its first quarter, helped by its investments in public equities and across private asset classes.
Aug 14, 2024 8:32 AM
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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 5:04 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 3:52 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 3:35 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 3:18 PM
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