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National Business
National Business
Martinrea rebounds with strong start to 2021 as Q1 profit surges 34.5 per cent
TORONTO — Martinrea International Inc. rebounded from a tough end to 2020 with net income surging 34.5 per cent in the first quarter on higher revenues. The auto parts manufacturer says it earned $38.
May 6, 2021 6:18 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,290.98, down 19.76 points.) Enbridge Inc. (TSX:ENB). Energy. Down 58 cents, or 1.18 per cent, to $48.42 on 31.5 million shares.
May 6, 2021 5:54 PM
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West Fraser reports US$665M in earnings, $2.3 billion in sales as it acquires Norbord
CALGARY — West Fraser Timber Co. Ltd. is reporting higher first-quarter sales and earnings on higher prices and production of lumber and building panels after completing its $4-billion all-stock takeover of Norbord Inc. on Feb. 1.
May 6, 2021 5:52 PM
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US proposes ending rule that weakened wild bird protections
BILLINGS, Mont. — Longstanding protections for wild birds would be restored under a proposal unveiled Thursday to bring back prosecutions of avian deaths by industry that were ended under former President Donald Trump.
May 6, 2021 5:42 PM
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S&P/TSX composite falls despite commodities, loonie hits highest level since 2017
TORONTO — Canada's main stock index slipped despite positive moves by the commodities sectors while the loonie hit its highest level in more than three years.
May 6, 2021 5:15 PM
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N.L. in financial crisis of its own making, time to rein in public spending: report
ST. JOHN'S, N.L. — Poor management and a culture of indifference toward debt have brought Newfoundland and Labrador to a financial breaking point, according to a long-awaited economic report released Thursday.
May 6, 2021 5:07 PM
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OpenText reports $91.5M profit in Q3, as company grows customer base
WATERLOO, Ont. — A slew of new customers and products delivered a 252 per cent increase in net income for OpenText Corp. in its latest quarter. The Waterloo, Ont.-based tech company says its net income for its third quarter amounted to US$91.
May 6, 2021 4:45 PM
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Paw Patrol movie, digital games put Spin Master on track for return to growth
TORONTO — Spin Master executives said Thursday that the company behind "Paw Patrol" and several other globally successful toy and entertainment franchises aims to be a global leader in digital games for children.
May 6, 2021 4:25 PM
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Wealth management firms must better cater to young investors' social beliefs: study
Wealth management firms need to better cater to environment and social-minded investors to tap into a younger market that is about to boom, according to the market research company J.D. Power.
May 6, 2021 4:19 PM
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Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity
CALGARY — The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with BP Gas Marketing Ltd. that allows it to account for over 70 per cent of future production from the plant.
May 6, 2021 3:46 PM
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