Skip to content

National Business

BRP buys 80% stake in German gearbox technology firm in bid to expand business

BRP buys 80% stake in German gearbox technology firm in bid to expand business

VALCOURT, Que. — BRP Inc. says it has acquired an 80 per cent stake in a German gearbox technology company.
Lion Electric sees Q2 net earnings of $37.5M as vehicle delivery picks up

Lion Electric sees Q2 net earnings of $37.5M as vehicle delivery picks up

MONTREAL — The Lion Electric Co. says its second quarter brought US$37.5 million in net earnings as the company boosted the number of vehicles it delivered during the period.
Efforts fail to save historic Alaska theater from demolition

Efforts fail to save historic Alaska theater from demolition

ANCHORAGE, Alaska (AP) — Demolition is scheduled to begin this week on a once-opulent downtown Anchorage movie theater designed by the architect of Hollywood’s famed Pantages Theater.
Democrats say they've reached agreement on economic package

Democrats say they've reached agreement on economic package

WASHINGTON (AP) — Senate Democrats have reached an accord on changes to their marquee economic legislation, they announced late Thursday, clearing the major hurdle to pushing one of President Joe Biden's leading election-year priorities through the c
Suncor's Q2 net profit increases more than fourfold year-over-year

Suncor's Q2 net profit increases more than fourfold year-over-year

CALGARY — Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than four and a half times the $868 million it earned in the same period of 2021.
OpenText reports record 2022 revenue of $3.5B, even as quarterly profit falls

OpenText reports record 2022 revenue of $3.5B, even as quarterly profit falls

WATERLOO, ONTARIO — Waterloo-based tech company OpenText says it earned $102.2 million in the three months ended June 30, a 43.6 per cent decline from the previous year's quarter even as it achieved record revenue of $3.
Quebecor second-quarter profits rise by $33.9 million, revenues drop

Quebecor second-quarter profits rise by $33.9 million, revenues drop

MONTREAL — Freedom Mobile would be much more competitive in the hands of Quebecor than if it had to operate as an independent entity, president and chief executive of Quebecor Pierre Karl Péladeau said Thursday.
Pembina Pipeline's profits rise on higher crude, natural gas prices

Pembina Pipeline's profits rise on higher crude, natural gas prices

CALGARY — Pembina Pipeline Corp. says it earned $418 million in the second quarter, reflecting higher natural gas liquids (NGL) and crude oil prices and margins, as well as rising volumes on its key pipeline systems.

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 (19,577.04, up 31.10 points.) Enbridge Inc. (TSX:ENB). Energy. Down $1.10, or 1.94 per cent, to $55.61 on 15.9 million shares.
Environmental groups protest proposals to build LNG terminals on Canada's East Coast

Environmental groups protest proposals to build LNG terminals on Canada's East Coast

HALIFAX — A coalition of environmental groups is calling on Ottawa to reject any proposals to build export facilities for liquefied natural gas on Canada's East Coast, saying such projects will produce "climate-wrecking emissions.