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National Business
National Business
Slow to expand, internet casino gambling is the future of US betting, industry execs say
SECAUCUS, N.J. (AP) — Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical casinos.
May 8, 2024 1:06 PM
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RioCan REIT reports profits up as retail demand holding up well
TORONTO — Despite Canada's slowing economic growth, demand is propping up the retail leasing market as rents continue to trend upwards, said the chief executive of RioCan Real Estate Investment Trust.
May 8, 2024 1:05 PM
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Brookfield Asset Management reports Q1 profit down from year ago
TORONTO — Brookfield Asset Management Ltd. says it earned US$102 million in its first quarter from its stake in the asset management business it owns with Brookfield Corp.
May 8, 2024 8:30 AM
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Mattress retailer Sleep Country $8.7M Q1 profit, down from $11.3M a year earlier
TORONTO — Sleep Country Canada Holdings Inc. reported its first-quarter profit fell compared with a year ago as its revenue edged higher.
May 8, 2024 8:20 AM
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Lion Electric reports US$21.7M Q1 loss compared with US$15.6M loss a year earlier
MONTREAL — The Lion Electric Co. says it lost US$21.7 million in its latest quarter compared with a loss of US$15.6 million in the same quarter last year as it faced higher manufacturing costs related to the ramp up of new products.
May 8, 2024 8:19 AM
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Another barge adrift in Vancouver prompts speedy coast guard response
VANCOUVER — Another barge went adrift in Vancouver's English Bay, prompting a quick response from the Canadian Coast Guard. A spokeswoman for the agency says it received the report around 2:30 p.m.
May 7, 2024 8:32 PM
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Suncor earns $1.6B in first quarter, breaks all-time oilsands production record
CALGARY — Suncor Energy Inc. says it earned $1.61 billion in the first three months of 2024, down from $2.05 billion a year earlier. The Calgary-based energy giant says its first-quarter earnings amount to $1.25 per common share, compared with $1.
May 7, 2024 6:14 PM
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Nuvei Corp. reports US$4.8-million loss in first quarter as revenues rise
MONTREAL — Nuvei Corp. says it lost US$4.8 million in the first quarter of 2024, compared with a loss of US$8.3 million a year earlier. The Montreal-based fintech company says revenues were US$335.1 million, up from US$256.
May 7, 2024 6:00 PM
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Alternative lender Goeasy reports 41% jump in credit applications
TORONTO — Alternative lender Goeasy Ltd. says it had a record volume of credit applications in its first quarter, up 41 per cent from a year earlier.
May 7, 2024 5:34 PM
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Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts sales
TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 million a year earlier. The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.
May 7, 2024 5:32 PM
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