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RBC reports Q1 profit down as expenses, provisions for credit losses rise

RBC reports Q1 profit down as expenses, provisions for credit losses rise

TORONTO — Royal Bank of Canada saw profits slip in the first quarter as it joined other banks in setting more money aside for tougher economic conditions ahead, though like others it also benefited from higher capital markets revenue as the uncertain
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Insolvency filings in Canada in January up 33.7% compared with a year earlier

Insolvency filings in Canada in January up 33.7% compared with a year earlier

OTTAWA — Insolvencies in Canada surged by a third in January compared with a year ago as consumers struggled with rising prices and higher interest rates, the Office of the Superintendent of Bankruptcy said Wednesday.
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Bell and Telus customers will face higher roaming rates beginning next week

Bell and Telus customers will face higher roaming rates beginning next week

TORONTO — Some Canadians will pay more to use their cellphones while travelling abroad beginning next week. Telus and Bell say they are raising roaming rates, effective March 8 and 9, respectively.
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Aecon Group selling Ontario road building business for $235 million

Aecon Group selling Ontario road building business for $235 million

TORONTO — Aecon Group Inc. has signed a deal to sell its road building business in Ontario to Green Infrastructure Partners Inc. (GIP) for $235 million in cash.
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TikTok ban should make companies review social media, device policies, experts say

TikTok ban should make companies review social media, device policies, experts say

TORONTO — The federal government's move to ban TikTok on its phones should make companies think twice about their data policies and consider blocking the app on its own devices, academics say.
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Pearson airport to cap number of flights at peak travel times

Pearson airport to cap number of flights at peak travel times

Toronto Pearson International Airport plans to cap the number of flights into and out of Canada's largest air hub in peak travel periods this year, with a view to "flatten out" daily crests at airports awash in passengers.
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Here's what people are saying in reaction to the British Columbia budget

Here's what people are saying in reaction to the British Columbia budget

VICTORIA — The British Columbia government released a budget Tuesday that promises billions in new spending on health, housing and cost-of-living supports, as well as a return to deficits.
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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 Tuesdayon the Toronto Stock Exchange: Toronto Stock Exchange (20,221.19, down 38.94): Manulife Financial Corp. (TSX:MFC). Financials. Up 41 cents, or 1.54 per cent, to $26.98 on 24.2 million shares.
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Aecon boosts profits after bolstering project backlog

Aecon boosts profits after bolstering project backlog

TORONTO — Aecon Group Inc. says its fourth-quarter earnings shot up by nearly two-thirds from the same period last year as the construction firm shored up its project backlog. The Toronto-based company says its net profit jumped to $19.
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North American markets slip again, ending rough month for investors

North American markets slip again, ending rough month for investors

North American stock markets edged down Tuesday to close what has been a rough February for investors. The S&P/TSX composite index closed down 38.94 points at 20,221.19. In New York, the Dow Jones industrial average was down 232.
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