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Saputo earnings down amid challenging labour shortages, supply chain turmoil

Saputo earnings down amid challenging labour shortages, supply chain turmoil

Dairy giant Saputo Inc. struggled in its second quarter with sinking profit despite stable revenue as a perfect storm of COVID-19 disruptions, labour shortages and supply chain turmoil weighed on the company's bottom line.
Portugal’s president calls a snap election on Jan. 30

Portugal’s president calls a snap election on Jan. 30

LISBON, Portugal (AP) — Portugal’s president announced Thursday that he is dissolving parliament and calling a snap election for Jan.
Ontario boosts health spending, plans to phase out COVID-19 supports

Ontario boosts health spending, plans to phase out COVID-19 supports

TORONTO — Ontario is boosting health spending, investing more in roads and bridges, and phasing out COVID-19 supports as it charts a path out of the pandemic.
Banking regulator lifts restrictions on dividend raises, share buybacks

Banking regulator lifts restrictions on dividend raises, share buybacks

TORONTO — Banks and insurers are free to increase dividends, resume share buybacks and raise executive compensation as of Thursday after Canada's financial services regulator lifted the COVID-19-related restrictions.
Canadian Natural reports $2.2B Q3 profit, raises quarterly dividend

Canadian Natural reports $2.2B Q3 profit, raises quarterly dividend

CALGARY — The chief executive of oil and gas giant Canadian Natural Resources Ltd.
Tiny house in wealthy Boston suburb sells for $315,000

Tiny house in wealthy Boston suburb sells for $315,000

NEWTON, Mass. (AP) — A tiny home in a wealthy Boston suburb has sold after about a month on the market, albeit for far less than the original asking price of almost $450,000.
Insurers see investment gains offset losses for COVID-19, weather events

Insurers see investment gains offset losses for COVID-19, weather events

TORONTO — Canada's big insurers say investment gains and business growth in the third quarter helped offset the costs of weather events and the COVID-19 pandemic. Sun Life Financial Inc. reported underlying net income was up 6.
Health spending, roads and "staycations": highlights from Ontario's economic update

Health spending, roads and "staycations": highlights from Ontario's economic update

Here's a look at some of the highlights of Ontario's fall economic update released Thursday: HEALTH SPENDING Home care: $548.5 million to help patients recover at home and support people with complex health conditions. Long-term care: $57.
Cineplex decision will be one to watch for companies eyeing COVID litigation: experts

Cineplex decision will be one to watch for companies eyeing COVID litigation: experts

TORONTO — The path forward for Canada's biggest movie theatre owner hangs on an upcoming court decision, but the case is being closely watched by businesses across the country because the ruling could have far-reaching implications for pandemic-inspi
Spin Master pivots past supply chain problems to deliver toys ahead of the holidays

Spin Master pivots past supply chain problems to deliver toys ahead of the holidays

Canadian toymaker Spin Master Corp. has twisted its way past supply chain problems to deliver goods to retailers ahead of the holidays, the company's most lucrative sales period of the year.