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Statistics Canada reports manufacturing and wholesale sales down in December

Statistics Canada reports manufacturing and wholesale sales down in December

OTTAWA — Statistics Canada says manufacturing sales fell for a second consecutive month in December as they dropped 1.5 per cent to $71.0 billion. The agency says manufacturing sales were down in 14 of 21 industries in December, led by a 6.
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Barrick Gold reports US$735M Q4 loss compared with $726M profit a year earlier

Barrick Gold reports US$735M Q4 loss compared with $726M profit a year earlier

TORONTO — Barrick Gold Corp. reported a US$735-million loss in its fourth quarter compared with a profit of US$726 million in the same quarter a year earlier. The gold miner, which reports its results in U.S.
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CMHC says annual rate of housing starts slowed 13 per cent in January

CMHC says annual rate of housing starts slowed 13 per cent in January

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell 13 per cent in January.
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Elon Musk hopes to have Twitter CEO toward the end of year

Elon Musk hopes to have Twitter CEO toward the end of year

DUBAI, United Arab Emirates (AP) — Billionaire Elon Musk said Wednesday that he anticipates finding a CEO for Twitter “probably toward the end of this year.
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What tech layoffs, temporary foreign workers and boomers mean for the labour force

What tech layoffs, temporary foreign workers and boomers mean for the labour force

TORONTO — Canada's economy has seen a constant stream of layoffs hitting companies from the tech sector and beyond in recent months while many employers lament a shortage of workers, but neither seems to be weighing heavily on the country's jobs numb
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Suncor's fourth-quarter profits increase 76 per cent to $2.74 billion

Suncor's fourth-quarter profits increase 76 per cent to $2.74 billion

CALGARY — Suncor Energy Inc. says it earned $2.74 billion in the fourth quarter of 2022, a 76 per cent increase from the $1.55 billion it earned in the same three months of 2021.
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West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

VANCOUVER — West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
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First Quantum Minerals sees earnings rise in 2022 despite drop in fourth quarter

First Quantum Minerals sees earnings rise in 2022 despite drop in fourth quarter

TORONTO — First Quantum Minerals Ltd. says it earned US$117 million in the fourth quarter of 2022, 52.
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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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,704.79, up 2.56): Enbridge Inc. (TSX:ENB). Energy. Down $1.48, or 2.71 per cent, to $53.06 on 19 million shares.
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Pandemic benefits reduced child poverty, government should build on success: report

Pandemic benefits reduced child poverty, government should build on success: report

OTTAWA — Pandemic benefits rolled out to cushion the blow of COVID-19 lockdowns on workers had the positive side effect of dramatically reducing poverty levels overall. Now, advocates want to see the federal government build on that success.
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