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MTY Food Group reports $7.1M Q4 profit, revenue up 65 per cent from year ago

MTY Food Group reports $7.1M Q4 profit, revenue up 65 per cent from year ago

MONTREAL — MTY Food Group Inc. reported a fourth-quarter profit of $7.1 million as the acquisition of BBQ Holdings helped its revenue rise 65 per cent compared with a year ago.
Perk or necessity? Hybrid work expectations differ between employers, employees

Perk or necessity? Hybrid work expectations differ between employers, employees

For public relations executive Terance Brouse, the office is where creativity flows. On Mondays, Tuesdays and Wednesdays, employees at Maverick PR work from the firm's office — a converted red brick Victorian home in Toronto's Annex neighbourhood.
China sanctions Lockheed Martin, Raytheon for Taiwan sales

China sanctions Lockheed Martin, Raytheon for Taiwan sales

BEIJING (AP) — China on Thursday imposed trade and investment sanctions on Lockheed Martin and a unit of Raytheon for supplying weapons to Taiwan, stepping up efforts to isolate the island democracy claimed by the ruling Communist Party as part of it
Shopify reports $623.6 million net loss in Q4, revenue up 26%

Shopify reports $623.6 million net loss in Q4, revenue up 26%

TORONTO — Shopify Inc. executives warned investors and analysts that it is expecting personnel expenses to weigh on its 2023 outlook as it revealed its most recent quarter delivered a loss of US$623.6 million.
S&P/TSX composite edges upward despite energy losses, U.S. markets also up

S&P/TSX composite edges upward despite energy losses, U.S. markets also up

TORONTO — Losses in energy on Canada's main stock index were offset by gains in other sectors, with the index posting a minor gain Wednesday, while U.S. markets were also up. The S&P/TSX composite index was up 15.60 points at 20,720.39.
Kinross reports loss of US$106 million in Q4, earnings of $31.9 million in 2022

Kinross reports loss of US$106 million in Q4, earnings of $31.9 million in 2022

TORONTO — Kinross Gold Corp. says it saw a loss of US$106 million from continuing operations in the fourth quarter of 2022, down from a loss of $66.2 million during the same quarter a year earlier. The company, which reports in U.S.
Nutrien sees 2022 earnings more than double despite softness in Q4

Nutrien sees 2022 earnings more than double despite softness in Q4

SASKATOON — Nutrien Ltd. says it earned $1.1 billion in the fourth quarter of 2022, down seven per cent from the same quarter a year earlier. Earnings per diluted share for the quarter ended Dec. 31 were $2.15, up from $2.11 a year earlier.
Retail sales jump as Americans defy inflation and rate hikes

Retail sales jump as Americans defy inflation and rate hikes

WASHINGTON (AP) — America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy's resilience in the face of higher p
Manulife net income slips in Q4 but up for 2022 as a whole

Manulife net income slips in Q4 but up for 2022 as a whole

TORONTO — Manulife Financial Corp. says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year. The insurance giant says net income attributable to shareholders came in at $1.
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 (20,720.39, up 15.60): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.32 per cent, to $52.89 on 19.7 million shares.