Business
Nutrien reports lower second-quarter earnings, announces CFO transition
By The Canadian Press on August 7th, 2024
SASKATOON – Nutrien Ltd. says it earned US$392 million in its second quarter, down from US$448 million a year earlier. The Saskatoon-based company says sales came in at US$10.2 billion, down from US$11.7 billion during the second quarter of 2023. Diluted earnings per share were 78 cents US, compared with 89 cents US a year ... Read More »
Be the first to comment!Vancouver residents displaced after major fire burns homes as crane collapses
By Nono Shen, The Canadian Press on August 7th, 2024
VANCOUVER – Leslie Guerin watched ashes and burning embers the size of bowling balls falling from the sky in Vancouver on Tuesday night. Guerin said he was 14 blocks away from a fire in the city when he heard four large explosions. A fire was consuming a multi-storey apartment building under construction, while the flaming ... Read More »
Be the first to comment!Manulife reports second-quarter net income of $1.04 billion
By The Canadian Press on August 7th, 2024
TORONTO – Manulife Financial Corp. says earnings were fairly flat in the second quarter as better market performance was offset by a sizable loss on a sale of debt instruments. The insurer says net income attributable to shareholders came in at $1.04 billion, compared with $1.03 billion for the same quarter last year. It says ... Read More »
Be the first to comment!Rinse and repeat: Calgarians back to water restrictions as new pipe problems found
By The Canadian Press on August 7th, 2024
CALGARY – Residents in Calgary and surrounding communities, fresh off having to conserve water for weeks due to a water main break, are soon going to have to do it all over again. Mayor Jyoti Gondek announced Wednesday extended tests on more than 10 kilometres of pipe have revealed 16 more problem spots that need ... Read More »
Be the first to comment!Rinse and repeat: Calgarians back to water restriction as new pipe problems found
By The Canadian Press on August 7th, 2024
CALGARY – Residents in Calgary and surrounding communities, fresh off having to conserve water for weeks due to a water main break, are soon going to have to do it all over again. Mayor Jyoti Gondek says extended tests on more than 10 kilometres of pipe have revealed 16 more problem spots that need to ... Read More »
Be the first to comment!Toronto hardcore band F***ed Up sells album recorded in 24 hours for only one day
By The Canadian Press on August 7th, 2024
The clock is ticking for fans of Canadian hardcore band F***ed Up. The Polaris Music Prize-winning Toronto act announced Wednesday that it was giving fans a limited-time offer for a full album of new music. “Who’s Got the Time & a Half?” was posted on their Bandcamp page around midday. The Damian Abraham-fronted group says ... Read More »
Be the first to comment!Woman, child dead in Tuesday’s B.C. highway crash involving six vehicles
By The Canadian Press on August 7th, 2024
CHILLIWACK, B.C. – Police in British Columbia’s Fraser Valley say the people who died in Tuesday’s multi-vehicle crash on Highway 1 were a local woman and a child. A statement from RCMP Highway Patrol says a second child from the same vehicle is expected to survive after being taken to hospital with serious injuries. The ... Read More »
Be the first to comment!TSX down almost 100 points despite Shopify gaining 18%, U.S. markets also down
By The Canadian Press on August 7th, 2024
TORONTO – Canada’s main stock index fell almost 100 points Wednesday, tipping into the red after a strong start to the day despite an 18-per-cent gain for Shopify Inc., while U.S. markets also reversed earlier gains to end the day down. The S&P/TSX composite index closed down 98.41 points at 21,880.95. In New York, the ... Read More »
Be the first to comment!Paris Olympics puts dent in Air Canada sales as some travellers avoid France
By Christopher Reynolds, The Canadian Press on August 7th, 2024
MONTREAL – Air Canada may be the official carrier of Team Canada, but that didn’t stop the Paris Olympics from hobbling its summer sales. Despite Canadians’ continued thirst for Mediterranean getaways, the airline’s transatlantic ticket proceeds suffered in its latest quarter as travellers from France and Germany opted to stay on the Continent to soak ... Read More »
Be the first to comment!Stocks slump on Wall Street after a morning rally evaporates
By Stan Choe, The Associated Press on August 7th, 2024
NEW YORK (AP) – Wall Street slumped after a morning rally evaporated, but the losses weren’t as bad as the manic moves that wracked markets worldwide over the last week. The S&P 500 fell 0.8% Wednesday. The Dow Jones Industrial Average fell 0.6%, and the Nasdaq composite dropped 1%. Stocks swung lower as Nvidia, one ... Read More »
Be the first to comment!WestJet says 10 per cent of fleet grounded after Calgary pummelled by hail
By The Canadian Press on August 7th, 2024
CALGARY – WestJet says 16 of its planes have been grounded after a massive hailstorm hit Calgary earlier this week. The Calgary-based airline says those aircraft – 10 per cent of its fleet – need substantial repairs and inspections before they can fly again. The carrier also says 84 of its flights were cancelled Wednesday, ... Read More »
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