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Fixed-price defence deals drag down CAE’s profits — and share price
MONTREAL – Fixed-price defence contracts dragged down profits at CAE Inc. as it reported its third-quarter profit fell nearly 30 per cent compared with a year ago even as its revenue rose. Shares in the company were down $2.58 or about nine per cent to $25.80 in early afternoon trading Wednesday. CAE said fixed-price contracts ... Read More »
Carbon price rebates rise as much as 17 per cent in April as price itself goes up
OTTAWA – Canadian families will get between $760 and $2,160 in carbon price rebates this year as the carbon price itself gets hiked another $15 per tonne. The price increase will add another 3.3 cents to a litre of gasoline and about 2.9 cents to a cubic metre of natural gas. Most families will see ... Read More »
Telus awaiting CRTC’s next move on wholesale access before investment decisions
GATINEAU, Que. – Telus Corp. says it won’t decide whether it needs to adjust its network spending plans until the federal telecommunications regulator makes a final ruling on the rates smaller internet companies pay larger carriers to sell services over their networks. The company says the CRTC’s interim decision last November, which temporarily required it ... Read More »
Hundreds of nonprofit newsrooms will get free US election results and graphics from the AP
NEW YORK (AP) – The Associated Press is making some of its U.S. elections data available for free to more than 400 nonprofit news organizations in a program funded by the Google News Initiative, the company said on Wednesday. The small, primarily digital newsrooms are members of the Institute for Nonprofit News. While that 15-year-old ... Read More »
New Pacific FC goalkeeping coach comes with unique story and several soccer lives
At 42, Trevor Stiles has more than a few soccer tales to tell. And Pacific FC’s new goalkeeping coach has scars to match. After his playing career was interrupted by a 2010 concussion, Stiles got a second chance at soccer with the Canadian Para team. Sanctioned to play as a Para athlete because of the ... Read More »
Former Raptors star Pascal Siakam returns to Toronto with the Indiana Pacers
TORONTO – Pascal Siakam is back in Toronto, for one game only. Siakam and his Indiana Pacers play the Raptors tonight. He played the first eight years of his NBA career in Toronto and was instrumental in the Raptors championship victory in 2019. Siakam was traded to Indiana in a blockbuster deal on Jan. 17. ... Read More »
Richmond, B.C., council votes to back safe consumption site after fractious meetings
RICHMOND, B.C. – The next step for a controversial supervised safe consumption drug site has been approved by council members in Richmond, B.C., after two days of highly charged hearings. The council voted 7 to 2 late Tuesday to pass a motion in favour of exploring the possibility of establishing a site with Vancouver Coastal ... Read More »
January home sales rise as markets tighten but prices still softening: CREA
TORONTO – Home sales rose in an unseasonably warm January to mark a second month of rising activity and softening prices, the Canadian Real Estate Association said Wednesday. January sales were up 3.7 per cent from a month earlier after seasonal adjustments, and up 22 per cent from a year ago when sales were particularly ... Read More »
Quebec cold case murder: Crown tells jury accused admits he killed teenager in 2000
SAGUENAY, Que. – The Quebec man charged with the first-degree murder and sexual assault of 19-year-old junior college student Guylaine Potvin nearly 24 years ago now admits to causing her death, a Crown prosecutor said Wednesday. Prosecutor Pierre-Alexandre Bernard made the announcement during his closing arguments in the case against Marc-André Grenon. “The defence will ... Read More »
Ranoic through to quarterfinals in Rotterdam with upset of Bublik
ROTTERDAM, Netherlands – Canadian veteran Milos Raonic advanced to the quarterfinals of the ABN Amro Open tennis tournament with a 6-4, 6-4 upset of eighth seed Alexander Bublik of Kazakhstan on Wednesday. The 33-year-old Raonic, a former world No. 3 from Thornhill, Ont., scored a key break to go up 3-2 in the second set ... Read More »
Manitoba man who was switched at birth receives Métis citizenship
WINNIPEG – A Manitoba man who was switched at birth more than 60 years ago has received his Métis citizenship. Edward Ambrose received his Manitoba Métis Federation citizenship card in Winnipeg on Tuesday. Ambrose was born in 1955 in a hospital in the community of Arborg, north of Winnipeg, on the same day as another ... Read More »
