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National Business
National Business
Here's a quick glance at unemployment rates for July, by province
OTTAWA — Canada's national unemployment rate was 4.9 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (9.9) _ Prince Edward Island 5.
Aug 5, 2022 9:23 AM
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National employment numbers for July from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's July employment (numbers from the previous month in brackets): Unemployment rate: 4.9 per cent (4.9) Employment rate: 61.6 per cent (61.7) Participation rate: 64.7 per cent (64.
Aug 5, 2022 9:23 AM
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BRP buys 80% stake in German gearbox technology firm in bid to expand business
VALCOURT, Que. — BRP Inc. says it has acquired an 80 per cent stake in a German gearbox technology company.
Aug 5, 2022 9:06 AM
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Lion Electric sees Q2 net earnings of $37.5M as vehicle delivery picks up
MONTREAL — The Lion Electric Co. says its second quarter brought US$37.5 million in net earnings as the company boosted the number of vehicles it delivered during the period.
Aug 5, 2022 8:55 AM
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Efforts fail to save historic Alaska theater from demolition
ANCHORAGE, Alaska (AP) — Demolition is scheduled to begin this week on a once-opulent downtown Anchorage movie theater designed by the architect of Hollywood’s famed Pantages Theater.
Aug 4, 2022 10:30 PM
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Democrats say they've reached agreement on economic package
WASHINGTON (AP) — Senate Democrats have reached an accord on changes to their marquee economic legislation, they announced late Thursday, clearing the major hurdle to pushing one of President Joe Biden's leading election-year priorities through the c
Aug 4, 2022 10:22 PM
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Suncor's Q2 net profit increases more than fourfold year-over-year
CALGARY — Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than four and a half times the $868 million it earned in the same period of 2021.
Aug 4, 2022 8:24 PM
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OpenText reports record 2022 revenue of $3.5B, even as quarterly profit falls
WATERLOO, ONTARIO — Waterloo-based tech company OpenText says it earned $102.2 million in the three months ended June 30, a 43.6 per cent decline from the previous year's quarter even as it achieved record revenue of $3.
Aug 4, 2022 7:32 PM
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Quebecor second-quarter profits rise by $33.9 million, revenues drop
MONTREAL — Freedom Mobile would be much more competitive in the hands of Quebecor than if it had to operate as an independent entity, president and chief executive of Quebecor Pierre Karl Péladeau said Thursday.
Aug 4, 2022 6:41 PM
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Pembina Pipeline's profits rise on higher crude, natural gas prices
CALGARY — Pembina Pipeline Corp. says it earned $418 million in the second quarter, reflecting higher natural gas liquids (NGL) and crude oil prices and margins, as well as rising volumes on its key pipeline systems.
Aug 4, 2022 6:19 PM
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