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National Business
National Business
Gildan Activewear swings to US$146.1-million Q2 profit as revenues surge 225 per cent
MONTREAL — Gildan Activewear Inc. swung to a US$146.4-million profit in the second quarter as revenues surged 225 per cent despite supply chain challenges. The Montreal-based apparel maker, reporting in U.S.
Aug 5, 2021 11:49 AM
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Financially literate kids require early efforts by parents, experts say
TORONTO — Financial literary expert Laurie Campbell experienced first-hand the embarrassment that many parents fear after she told her young son how much money she made.
Aug 5, 2021 11:49 AM
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Lightspeed CEO confident company has room to grow as rivals circle, businesses reopen
The rush of companies adopting new software during the COVID-19 pandemic sparked a wave of business for technology firms, but Lightspeed Commerce Inc.'s Dax Dasilva isn't worried about rivals.
Aug 5, 2021 11:42 AM
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TMX Group posts double-digit increase in revenues, profits in second quarter
TORONTO — TMX Group Ltd. is reporting a double-digit increase in profits and revenues in the second quarter. The company, which operates the Toronto Stock Exchange, says its net income increased 14 per cent to $77.3 million, up from $67.
Aug 5, 2021 11:37 AM
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AFL-CIO President Richard Trumka has died, Democrats say
WASHINGTON (AP) — Richard Trumka, the powerful president of the AFL-CIO labor union, has died, Democratic leaders said Thursday. News of his death was announced by President Joe Biden and Senate Majority Leader Chuck Schumer.
Aug 5, 2021 9:42 AM
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Quebecor Q2 profit falls 29 per cent to $123.5 million despite higher revenues
MONTREAL — Quebecor Inc. is reporting a 29-per-cent drop in profits in the second quarter despite higher revenues. The Quebec-based telecommunications company says its net income attributable to shareholders was $123.
Aug 5, 2021 9:26 AM
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RioCan REIT reports $145.3M net income in Q2 as tenants reopen after lockdowns
TORONTO — RioCan Real Estate Investment Trust is seeing tenants steadily signing leases now that Canadian businesses are reopening following COVID-19 lockdowns, but office rental activity is rebounding at a slower rate.
Aug 5, 2021 8:35 AM
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Sun Life second-quarter profits increases 73 per cent to $900 million
TORONTO — Sun Life Financial Inc.
Aug 5, 2021 8:30 AM
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Canada posts $3.2B trade surplus in June amid surge in exports
OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $3.2 billion in June as exports rose and imports fell. The result is a return to surplus after a $1.6 billion deficit in May. Total exports increased 8.
Aug 5, 2021 8:23 AM
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Saputo profits plunge in latest quarter on continued impact from COVID-19
MONTREAL — Saputo Inc. is reporting lower profits in the first quarter of fiscal 2022 despite a 2.9 per cent increase in revenues as it continued to feel the effects of the COVID-19 pandemic.
Aug 5, 2021 8:21 AM
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