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National Business
George Weston reports smaller Q4 loss compared with a year ago
TORONTO — George Weston Ltd. reported a smaller loss in its fourth quarter compared with a year ago as its revenue edged higher. The company, which owns a majority stake in Loblaw Cos. Ltd.
Feb 28, 2024 9:42 AM
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MDA reports fourth-quarter profit and revenue up from year ago
BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $13.5 million, up from $8.8 million a year earlier, as its revenue rose 10 per cent.
Feb 28, 2024 8:32 AM
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Judge rules Prince Harry was not unfairly stripped of UK security detail after he moved to the US
LONDON (AP) — Prince Harry was not improperly stripped of his publicly funded security detail during visits to Britain after he gave up his status as a working member of the royal family and moved to the U.S., a London judge ruled Wednesday.
Feb 28, 2024 6:22 AM
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Hourly vs. salaried: Are you getting paid for an extra day of work on Feb. 29?
TORONTO — This leap year, some financial experts say they're seeing an unexpected trend: employees asking if they get paid for working on Feb. 29. Every four years, the calendar gains a day to sync up with the Earth's movement around the sun.
Feb 28, 2024 4:00 AM
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Parkland Corp. sees earnings rise in fourth quarter despite lower sales
CALGARY — Parkland Corp. says it earned $86 million in its fourth quarter, up from $69 million a year earlier. The Calgary-based company says earnings per diluted share were 48 cents, up from 39 cents during the same quarter the year before.
Feb 27, 2024 6:07 PM
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Trans Mountain's latest cost estimate climbs 10 per cent, regulatory filing shows
CALGARY — The company building the Trans Mountain pipeline expansion now estimates the project's costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That's according to a regulatory filing Trans Mountain Corp.
Feb 27, 2024 6:00 PM
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Cineplex has made almost $40 million from online booking fees in competition case
TORONTO — Cineplex Inc. has made almost $40 million from online booking fees at the heart of deceptive marketing claims the country's competition commissioner has made against the cinema chain.
Feb 27, 2024 5:59 PM
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Starbucks and Workers United, long at odds, say they'll restart labor talks
Starbucks and the union organizing its U.S. workers said Tuesday they have agreed to begin talks with the aim of reaching labor agreements .
Feb 27, 2024 5:26 PM
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Lynx Air hoped its purchase by Flair would ease debt woes
Before its shutdown this week, Lynx Air hoped to pay off some of its debt to a top investor through a purchase by rival discount carrier Flair Airlines.
Feb 27, 2024 5:21 PM
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Macy's to close 150 namesake stores as sales slip, pivot to luxury with new Bloomingdale's locations
NEW YORK (AP) — Macy's will close 150 unproductive namesake stores over the next three years including 50 by year-end, the department store operator said Tuesday after posting a fourth-quarter loss and declining sales.
Feb 27, 2024 5:12 PM
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