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CAE reports fourth-quarter profit and revenue up from year ago

CAE reports fourth-quarter profit and revenue up from year ago

MONTREAL — CAE Inc. reported its fourth-quarter profit rose compared with a year ago as its revenue climbed more than 30 per cent. The flight simulator company says it earned net income attributable to equity holders of $98.
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National Bank reports Q2 profit down from year ago, raises quarterly dividend

National Bank reports Q2 profit down from year ago, raises quarterly dividend

MONTREAL — National Bank of Canada raised its quarterly dividend and reported its second-quarter profit fell compared with a year ago as it faced higher non-interest expenses and increased provisions for bad loans.
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Freedom Mobile workers seeking union after acquisition: Teamsters Canada

Freedom Mobile workers seeking union after acquisition: Teamsters Canada

TORONTO — On the heels of the sale of Freedom Mobile, labour union Teamsters Canada said retail and call centre employees at the telecom company are interested in unionization. As a condition of the merger between Rogers Communications Inc.
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China warns of artificial intelligence risks, calls for beefed-up national security measures

China warns of artificial intelligence risks, calls for beefed-up national security measures

BEIJING (AP) — China’s ruling Communist Party has warned of the risks posed by advances in artificial intelligence while calling for heightened national security measures.
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House rules panel advances debt ceiling and budget bill

House rules panel advances debt ceiling and budget bill

WASHINGTON (AP) — The House Rules Committee voted 7-6 Tuesday to advance a bill dealing with the federal debt ceiling to the full House, with two Republicans joining Democrats to oppose. The full House is expected to vote Wednesday.
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NATO to send 700 more troops to Kosovo to help quell violent protests

NATO to send 700 more troops to Kosovo to help quell violent protests

PRISTINA, Kosovo (AP) — NATO will send 700 more troops to northern Kosovo to help quell violent protests after clashes with ethnic Serbs there left 30 international soldiers wounded, the alliance announced Tuesday.
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Pace of oilsands decarbonization an open question after UCP win in Alberta

Pace of oilsands decarbonization an open question after UCP win in Alberta

CALGARY — As Danielle Smith's United Conservative Party celebrates Monday's election win in Alberta, the province's oil and gas sector remains in the dark over how much financial support the new government will offer it to decarbonize.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,739.70, down 228.25): Suncor Energy Inc. (TSX:SU). Energy. Down 54 cents, or 1.37 per cent, to $38.80 on 16.0 million shares.
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S&P/TSX composite down more than 200 points as price of oil falls

S&P/TSX composite down more than 200 points as price of oil falls

TORONTO — Canada's main stock index was down more than 200 points as the price of oil fell and losses in energy, financial and base metal stocks helped lead the way lower, while U.S. markets were mixed. The S&P/TSX composite index was down 228.
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Ruling clears way for Purdue Pharma to settle opioid claims, protect Sacklers from lawsuits

Ruling clears way for Purdue Pharma to settle opioid claims, protect Sacklers from lawsuits

A federal appeals court cleared the way for the maker of OxyContin to settle thousands of legal claims tied to the opioid epidemic while shielding the wealthy owners of Purdue Pharma, the Sackler family, from future lawsuits.
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