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TFI International beats expectations as Q4 profits surge on higher revenues

MONTREAL — TFI International Inc. reported that its net income attributable to common shareholders surged in the fourth quarter to US$86.3 million, from US$56.7 million a year earlier. Revenue totalled US$1.1 billion, up from US$989 million.
North American stock markets set new records on six-day winning streak

North American stock markets set new records on six-day winning streak

TORONTO — North American stock markets set new records to start the week as they climbed for a sixth-straight session on a broad-based rally led by commodities.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,330.26, up 194.36 points.) Zenabis Global Inc. (TSX:ZENA). Health care. Up four cents, or 33.33 per cent, to 16 cents on 35.

DoorDash buys robot food prep company Chowbotics

DoorDash is buying automated food prep company Chowbotics to expand its fresh meal offerings. San Francisco-based DoorDash announced the acquisition Monday. Terms of the deal, which closed late last year, weren't disclosed.
Second Cup Coffee Co. to be sold to Quebec restaurant franchiser Foodtastic

Second Cup Coffee Co. to be sold to Quebec restaurant franchiser Foodtastic

Quebec-based food franchising business Foodtastic Inc. announced a deal Monday to buy troubled coffee chain Second Cup Coffee Co. and has big plans for the brand, including opening more than 100 new locations.
Average GTA home price to top $1 million for first time in 2021: TRREB

Average GTA home price to top $1 million for first time in 2021: TRREB

TORONTO — Homebuyers in the Greater Toronto Area better prepare to spend more than they ever have before.
Scotiabank renews lease in Toronto, but vacating top floors of Scotia Plaza tower

Scotiabank renews lease in Toronto, but vacating top floors of Scotia Plaza tower

TORONTO — Scotiabank is renewing its lease at Scotia Plaza in downtown Toronto's financial core, but will be vacating the space at the top of complex's office tower for the first time since the building's construction.
Big Canadian railways say they moved a record amount of grain in January

Big Canadian railways say they moved a record amount of grain in January

CALGARY — Canadian Pacific Railway Ltd. says it moved a record amount of grain in January. CP Rail says it carried 2.

Cathedral Energy Services shares rise after drilling veteran named CEO

CALGARY — Cathedral Energy Services Ltd. says industry veteran Tom Connors has been tapped to replace president and CEO Scott MacFarlane next month as he retires from the Calgary-based directional and horizontal drilling company.
Profit at Japan's SoftBank zooms on lucrative investments

Profit at Japan's SoftBank zooms on lucrative investments

TOKYO — Japanese telecommunications and technology conglomerate Softbank Group Corp. reported Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter as its investments rose in value.