GO
Loading...

Canada

More

  • SunOpta reports 4Q loss Monday, 2 Mar 2015 | 6:51 PM ET

    BRAMPTON, Ontario _ SunOpta Inc. on Monday reported a loss of $1.9 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 10 cents per share. SunOpta shares have declined slightly more than 3 percent since the beginning of the year.

  • TORONTO, March 2- Canadian entrepreneur and venture capitalist Roger Hardy said on Monday he is looking to take an online shoe retailing company public this year to tap investor appetite for e-commerce businesses. Hardy told Reuters by phone that he expects the company, which will be called Shoes.com Technologies Ltd, to record net revenue $250 million in...

  • DETROIT, March 2- General Motors Co wants to boost the U.S. market share for its GMC truck brand by two-thirds over the next decade by advertising more heavily and introducing new vehicles, a top executive said on Monday. To help with its goal to boost its share to 5 percent from about 3 percent now, it is almost doubling spending on the brand in that time frame,...

  • TORONTO, March 2- Canada's federal police will work under the same roof as Ontario's securities watchdog to bolster their fight against financial crime that has been widely criticized for its lack of success. Critics of Canada's efforts to fight financial crime have long argued the country is soft on white-collar criminals. The closer working arrangements...

  • TORONTO, March 2- Canadian Pacific Railway Ltd is unlikely to be involved in the consolidation of the North American industry in the short term, Chief Executive Hunter Harrison said on Monday. Canada's No. 2 railway, which also has operations in the United States, discussed a deal with CSX Corp last year but could not reach an agreement. But Norfolk Southern said in...

  • *Consumer spending falls 0.2 percent in January. WASHINGTON, March 2- U.S. consumer spending fell for a second straight month in January as households continued to cut back on purchases, opting to save much of the massive windfall from cheaper gasoline. All the gas savings are ending up at the bank rather than being spent, "Thomas Costerg, an economist at Standard...

  • TORONTO, March 2- Canadian Pacific Railway Ltd is unlikely to be involved anytime soon in the consolidation of the industry in North America, Chief Executive Hunter Harrison said on Monday. "It's going to happen, but it's not going to involve us, not any time soon," he told reporters after a speech in Toronto. "Nobody wants to do a deal."

  • NEW YORK, March 1- Greg Abel, the 52- year-old head of Berkshire Hathaway Energy, is not unlike the company he oversees: like utilities themselves, he is reliable, hard-working- and usually in the background. Those traits could serve him well should he indeed succeed the iconic Buffett, who has headed the sprawling Berkshire Hathaway conglomerate for 50 years.

  • Maine mill joins complaint against Canadian paper maker Saturday, 28 Feb 2015 | 11:59 AM ET

    MADISON, Maine— Madison Paper Industries has joined a Minnesota paper mill seeking higher import duties on a special publishing paper made by a Canadian mill. The Morning Sentinel reports they filed a complaint Thursday with the U.S. International Trade Commission and U.S. Department of Commerce against Port Hawkesbury Paper in Nova Scotia.

  • Vermilion posts 4Q profit Friday, 27 Feb 2015 | 4:40 PM ET

    CALGARY, Alberta _ Vermilion Energy Inc. on Friday reported fourth-quarter earnings of $47.1 million. The Calgary, Alberta- based company said it had net income of 43 cents per share. Keywords: Vermilion Energy, Earnings Report.

  • JOHNSTOWN, Pa.— A Toronto- bound jet with 35 people aboard has landed safely at a Pennsylvania airport after smoke from a shorted-out cabin light prompted the captain to declare an emergency. Flight 7316 left Raleigh-Durham International Airport in Morrisville, North Carolina around 11:15 a.m. and was due at Toronto Pearson International Airport just after...

  • TORONTO, Feb 27- Former media mogul and convicted felon Conrad Black may no longer hold executive positions at listed companies or investment funds in the Canadian province of Ontario, the country's premier securities regulator ruled on Friday. Three other executives of Black's former media company, Hollinger Inc, settled earlier with the OSC.

  • MIRABEL, Quebec, Feb 27- Bombardier Inc launched a test flight of its CS300 jet on Friday, the larger version of its new CSeries narrow-body aircraft, in a milestone for the long-delayed program that analysts and investors say may have missed its moment. The CSeries, Bombardier's largest jet, with up to 160 seats, helps the company push into markets dominated by...

  • TORONTO, Feb 26- Former media mogul and convicted felon Conrad Black may no longer hold executive positions at listed companies or investment funds in the Canadian province of Ontario, the country's premier securities regulator ruled on Friday. Three other executives of Black's former media company, Hollinger Inc, settled earlier with the regulator, the...

  • WASHINGTON, Feb 27- U.S. economic growth braked more sharply than initially thought in the fourth quarter as businesses slowed their pace of stock accumulation and the trade deficit widened, but the underlying fundamentals remained solid. Gross domestic product expanded at a 2.2 percent annual pace, revised down from the 2.6 percent pace estimated last month,...

  • LONDON, Feb 27- U.S. refineries are processing record quantities of heavy crude from Canada as the perfect complement to light oils from North Dakota and Texas as they struggle to keep their average blend steady. Bakken and Eagle Ford are light, sweet oils, while Saudi Arabia's Arab Heavy and Alberta's Western Canadian Select are much heavier and sourer.

  • Pembina Pipeline posts 4Q profit Friday, 27 Feb 2015 | 5:13 AM ET

    CALGARY, Alberta _ Pembina Pipeline Corp. on Thursday reported fourth-quarter profit of $67.5 million. Pembina Pipeline shares have declined 15 percent since the beginning of the year. Keywords: Pembina Pipeline, Earnings Report.

  • WINNIPEG, Manitoba, Feb 26- Canadian farmers are plowing profits from bumper crops into fertilizer storage facilities to mitigate the pricing power held by major retailers and producers. Over time, the practice might erode the steep premiums farmers pay in the spring to retail businesses owned by Agrium Inc, Richardson International and Cargill Ltd, while...

  • On Feb. 5, the Transportation Department sent the White House draft rules that would require oil trains to use stronger tank cars and make other safety improvements. The most serious killed 47 people and destroyed the town center of Lac Megantic in Quebec, Canada, just across the border from Maine, in 2013.. But among them are a stronger tank car design that includes...

  • Forestry company J.D. Irving filed a notice with Canadian regulators this week, saying it was "vitally concerned" about how TransCanada Corp's proposed Alberta- to- New Brunswick pipeline would affect its operations. In a filing with the National Energy Board on Monday, J.D. Irving said about 170 km of the proposed pipeline route would cross its forest holdings in...