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National Business
Lululemon earnings rise to US$669.5 million in the fourth quarter
VANCOUVER — Lululemon Athletica Inc. says it earned US$669.5 million in its fourth quarter, up from US$119.8 million a year earlier. The Vancouver-based clothing company's revenues for the fourth quarter were US$3.2 billion, up from US$2.
Mar 21, 2024 6:22 PM
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Pathways Alliance to file for regulator approval on carbon capture project
CALGARY — A consortium of Canada's largest oilsands companies will submit an application before the end of the week for approval of its proposed $16.5-billion carbon capture pipeline project.
Mar 21, 2024 5:45 PM
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Rogers to deploy 5G cameras, sensors to manage traffic at five Toronto intersections
TORONTO — The City of Toronto has given Rogers Communications Inc. the green light to set up cameras and sensors at five downtown intersections that will track the movement of vehicles, pedestrians and cyclists with the aim of alleviating gridlock.
Mar 21, 2024 5:45 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 (22,087.26, up 41.55 points): TC Energy Corp. (TSX:TRP). Energy. Up 62 cents, or 1.15 per cent, to $54.66 on 13.6 million shares.
Mar 21, 2024 5:32 PM
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Alimentation Couche-Tard seeing low-income customers cut back on store visits: CEO
The head of Alimentation Couche-Tard Inc. says lower-income consumers feeling "strained" by economic headwinds are cutting back on how often they visit the chain's convenience stores.
Mar 21, 2024 5:24 PM
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Competition Bureau recommends open banking to bolster financial sector competition
Canada's competition watchdog is urging Ottawa to adopt an open banking framework that would ease the barriers to switching institutions and boost competition in the financial sector.
Mar 21, 2024 5:03 PM
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Reddit, the self-anointed 'front page of the internet,' soars in Wall Street debut
NEW YORK (AP) — Reddit's stock soared in its Wall Street debut as investors pushed the value of the company close to $9 billion seconds after it began trading on the New York Stock Exchange.
Mar 21, 2024 4:39 PM
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S&P/TSX composite ekes out new record closing high, U.S. markets also set new records
TORONTO — Canada's main stock index rose Thursday to scrape out a new all-time closing high, while U.S. markets continued to set their own records. The S&P/TSX composite index closed up 41.55 points at 22,087.26. Its previous record was 22,087.
Mar 21, 2024 4:39 PM
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RBC to close 25 HSBC locations, convert others once takeover closes next week
TORONTO — Royal Bank of Canada says it will be closing 25 HSBC Bank Canada branches and rebranding dozens more after its takeover deal closes next week.
Mar 21, 2024 4:07 PM
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Micro-apartments are back after nearly a century, as need for affordable housing soars
SEATTLE (AP) — Every part of Barbara Peraza-Garcia and her family’s single-room apartment in Seattle has a double or even triple purpose.
Mar 21, 2024 1:30 PM
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