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Power Corp.'s Q2 profits fall 47 per cent to $527 million

Power Corp.'s Q2 profits fall 47 per cent to $527 million

MONTREAL — Power Corporation of Canada says it earned $527 million in the second quarter, a 47 per cent decline from the prior year's quarter.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (19,620.13, up 43.09 points.) Enbridge Inc. (TSX:ENB). Energy. Down 26 cents, or 0.47 per cent, to $55.35 on 16.3 million shares.
Pearson delays improving but still less than half of flights on time

Pearson delays improving but still less than half of flights on time

MISSISSAUGA, Ont. — The head of Pearson International Airport said Friday that the number of delays at Canada's busiest travel hub are coming down, but stopped short of making specific commitments or timelines to improved travel times going forward.
Controversial N.L. wind energy project needs more environmental scrutiny: government

Controversial N.L. wind energy project needs more environmental scrutiny: government

ST. JOHN'S, N.L. — The mayor of a western Newfoundland town was relieved to learn today that the province has ordered a full environmental impact review of a proposed wind power development in her area. Stella Cornect is the mayor of Cape St.
North American markets mixed on hot new U.S. employment data

North American markets mixed on hot new U.S. employment data

It was a mixed day for North American markets Friday, as investors tried to understand what a surprisingly hot U.S. jobs report says about the overall economy as well as what it could mean for central bankers looking to put the brakes on inflation.
Telus' net income soars 45% in Q2 as it reports rise in mobile, internet customers

Telus' net income soars 45% in Q2 as it reports rise in mobile, internet customers

VANCOUVER — Telus Corp. said Friday that the reliability of its network helped it add a record number of customers in the second quarter as it recorded a 45 per cent climb in net income.
'What recession?': US employers add 528,000 jobs in July

'What recession?': US employers add 528,000 jobs in July

WASHINGTON (AP) — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections.
Héroux-Devtek reports lower Q1 profit amid supply chain issues

Héroux-Devtek reports lower Q1 profit amid supply chain issues

LONGUEUIL, Que. — Héroux-Devtek Inc. reported net income of $965,000 for its latest quarter, down from $6.7 million in the same period last year. The Longueuil, Que.
Two months of job losses a sign of shifting economy, economist suggests

Two months of job losses a sign of shifting economy, economist suggests

OTTAWA — Canada's economy appears to be backing away from the rapid jobs growth seen earlier this year, with July marking the second-straight month of job losses, even as the unemployment rate held steady. The jobless rate stayed at 4.
Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO

Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO

CALGARY — The new interim CEO of Suncor Energy Inc. says the oil and gas giant is ready to stop studying its workplace safety problem and start implementing solutions instead.