Skip to content
Join our Newsletter

National Business

MTY Food Group reports $99.1M second-quarter loss due to one-time charge

MTY Food Group reports $99.1M second-quarter loss due to one-time charge

MONTREAL — MTY Food Group Inc. reported a second-quarter loss of $99.1 million as the company took a $120.3-million non-cash impairment charge related to property, plant and equipment, intangible assets and goodwill due to the pandemic.
Lawmakers vote closes down Philippines' largest TV network

Lawmakers vote closes down Philippines' largest TV network

MANILA, Philippines — Philippine lawmakers voted Friday to reject the license renewal of the country’s largest TV network, one of the critical news agencies the president has repeatedly threatened, in a move that shut down a major news provider amid
Horgan says B.C. restart making gains as more people come out of their homes

Horgan says B.C. restart making gains as more people come out of their homes

VICTORIA — British Columbia's gradual restart is gaining ground as some industries resume operations and more people leave their homes to participate in the economy, Premier John Horgan said Thursday. He said B.C.
DavidsTea closing 82 stores in Canada and all 42 stores in the U.S. market

DavidsTea closing 82 stores in Canada and all 42 stores in the U.S. market

MONTREAL — Insolvent beverage retailer DavidsTea is closing 82 stores in Canada and all 42 of its stores in the U.S. as it focuses on its e-commerce business and supplying grocery stores and pharmacies.
Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19

Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19

VANCOUVER — Aritzia Inc. reported a first-quarter loss and revenue drop after temporarily closing all its stores due to COVID-19 health precautions, but the clothing retailer sees an opportunity to expand its business amid the global pandemic.
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,568.64, down 60.55 points.) Kinross Gold Corp. (TSX:K). Materials. Up 17 cents, or 1.66 per cent, to $10.43 on 6.9 million shares.
S&P/TSX composite index relatively flat ahead of second-quarter earnings

S&P/TSX composite index relatively flat ahead of second-quarter earnings

TORONTO — Canada's main stock index was relatively flat Thursday ahead of next week's start to eagerly anticipated second-quarter earnings results. The S&P/TSX composite index closed down 60.55 points at 15,568.
Sur La Table closing stores, seeking bankruptcy protection

Sur La Table closing stores, seeking bankruptcy protection

SEATTLE — Cookware and kitchen chain Sur La Table is closing 56 of its 121 stores as it seeks bankruptcy protection, the latest retail casualty of the coronavirus pandemic.
More than half of Canadians polled say they have experienced a cybercrime

More than half of Canadians polled say they have experienced a cybercrime

TORONTO — More than half of Canadians surveyed say they've been a victim or target of a cybercrime, according to a new poll.
Parades, close-ups with Mickey out as Disney World reopens

Parades, close-ups with Mickey out as Disney World reopens

ORLANDO, Fla. — Forget about up-close “meet-and-greet" sessions with Mickey Mouse or Donald Duck when Walt Disney World parks reopen.