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RioCan Real Estate Investment Trust raises monthly distributions, reports Q4 loss

RioCan Real Estate Investment Trust raises monthly distributions, reports Q4 loss

TORONTO — RioCan Real Estate Investment Trust raised its payment to unitholders as it reported a loss of $5 million in its fourth quarter. The real estate trust says it will now pay a monthly distribution of nine cents per unit, up from 8.5 cents.
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Canadian Tire reports Q4 profit and revenue up from year ago

Canadian Tire reports Q4 profit and revenue up from year ago

TORONTO — Canadian Tire Corp. Ltd. reported its fourth-quarter profit and sales were up compared with year ago. The retailer says it earned net income attributable to shareholders of $531.9 million or $9.
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Toronto Mayor John Tory submits formal resignation after staffer affair

Toronto Mayor John Tory submits formal resignation after staffer affair

TORONTO — John Tory, who shocked Toronto residents with his admission of an affair with a former staffer, submitted his formal resignation from the mayor's office late Wednesday shortly after councillors approved what became his final budget.
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OHL Roundup: Burke powers Sting to 9-1 win over Storm

SARNIA, Ont. — Nolan Burke scored four goals to fuel the Sarnia Sting's dominant 9-1 victory over the Guelph Storm on Wednesday.
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Matthews returns from injury, Nylander stays hot as Maple Leafs down Blackhawks

Matthews returns from injury, Nylander stays hot as Maple Leafs down Blackhawks

TORONTO — Sheldon Keefe has asked his players to take more ownership in key moments. Auston Matthews — back in the Maple Leafs' lineup following an injury absence — and William Nylander took their head coach's words to heart early on Wednesday.
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Shopify reports $623.6 million net loss in Q4, revenue up 26%

Shopify reports $623.6 million net loss in Q4, revenue up 26%

TORONTO — Shopify Inc. executives warned investors and analysts that it is expecting personnel expenses to weigh on its 2023 outlook as it revealed its most recent quarter delivered a loss of US$623.6 million.
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S&P/TSX composite edges upward despite energy losses, U.S. markets also up

S&P/TSX composite edges upward despite energy losses, U.S. markets also up

TORONTO — Losses in energy on Canada's main stock index were offset by gains in other sectors, with the index posting a minor gain Wednesday, while U.S. markets were also up. The S&P/TSX composite index was up 15.60 points at 20,720.39.
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Kinross reports loss of US$106 million in Q4, earnings of $31.9 million in 2022

Kinross reports loss of US$106 million in Q4, earnings of $31.9 million in 2022

TORONTO — Kinross Gold Corp. says it saw a loss of US$106 million from continuing operations in the fourth quarter of 2022, down from a loss of $66.2 million during the same quarter a year earlier. The company, which reports in U.S.
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Manulife net income slips in Q4 but up for 2022 as a whole

Manulife net income slips in Q4 but up for 2022 as a whole

TORONTO — Manulife Financial Corp. says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year. The insurance giant says net income attributable to shareholders came in at $1.
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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,720.39, up 15.60): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.32 per cent, to $52.89 on 19.7 million shares.
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