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Are Canada's green corporate subsidies a new race to the bottom or a path to the top?

Are Canada's green corporate subsidies a new race to the bottom or a path to the top?

OTTAWA — The federal Liberals have made it clear that Canada's road to a greener economy will be paved with billions of dollars in corporate subsidies.
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RioCan sees net income slip in Q1 as fair value on investment properties decreases

RioCan sees net income slip in Q1 as fair value on investment properties decreases

TORONTO — RioCan Real Estate Investment Trust says net income for the first quarter was $118 million, down from $160 million a year earlier. The Toronto-based company says same property net operating income grew by 3.
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Nutrien sees earnings slump in Q1, but expects demand to rise later in 2023

Nutrien sees earnings slump in Q1, but expects demand to rise later in 2023

SASKATOON — Nutrien Ltd. says net earnings for the third quarter were US$576 million, down 58 per cent from US$1.4 billion a year earlier. The Saskatoon-based company, which reports in U.S.
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Manulife reports net income of $1.4B in first results under new standards

Manulife reports net income of $1.4B in first results under new standards

TORONTO — Manulife Financial Corp. says it had a net income of $1.4 billion attributed to shareholders in the first quarter in its first results under new accounting standards.
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WSP Global says earnings, revenue rose in first quarter of 2023

WSP Global says earnings, revenue rose in first quarter of 2023

MONTREAL — WSP Global Inc. says its net earnings attributable to shareholders for the first quarter were $112.5 million, up 18.4 per cent from $95.0 million a year earlier.
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Most actively traded companies on the Toronto Stock Exchange

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 (20,499.31, down 86.42): Enbridge Inc. (TSX:ENB). Energy. Down 21 cents, or 0.39 per cent, to $53.14 on 13.8 million shares.
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S&P/TSX composite posts loss driven by energy and metals, U.S. markets mixed

S&P/TSX composite posts loss driven by energy and metals, U.S. markets mixed

TORONTO — Canada's main stock index moved lower Wednesday, weighed down by losses in energy and metals, while U.S. markets were mixed on the heels of the latest data on inflation. Consumer prices in the U.S. rose in April, up 0.
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Customer satisfaction with Air Canada, WestJet below average: Survey

Customer satisfaction with Air Canada, WestJet below average: Survey

MONTREAL — Canada’s two biggest airlines scored below average for customer satisfaction among major North American carriers, according to a new survey, part of a trend of growing passenger frustration across the industry. Conducted by J.D.
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Stock market today: Wall Street edges higher after inflation report

Stock market today: Wall Street edges higher after inflation report

NEW YORK (AP) — Wall Street closed slightly higher after a report showed inflation is making strides toward easing, even if it remains too high. The S&P 500 rose 0.4% Wednesday after swinging between gains and losses through the day.
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Celebrity bidding war for Ottawa Senators could be a boon for the franchise: experts

Celebrity bidding war for Ottawa Senators could be a boon for the franchise: experts

While some hockey fans may be surprised by multiple celebrities facing off for a minority ownership stake in the NHL's Ottawa Senators, experts who study the business of sport say the prospect stands to lift the team's profile to new heights, while s
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