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National Business
National Business
Nuvei Corp. reports US$4.8-million loss in first quarter as revenues rise
MONTREAL — Nuvei Corp. says it lost US$4.8 million in the first quarter of 2024, compared with a loss of US$8.3 million a year earlier. The Montreal-based fintech company says revenues were US$335.1 million, up from US$256.
May 7, 2024 6:00 PM
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Alternative lender Goeasy reports 41% jump in credit applications
TORONTO — Alternative lender Goeasy Ltd. says it had a record volume of credit applications in its first quarter, up 41 per cent from a year earlier.
May 7, 2024 5:34 PM
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Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts sales
TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 million a year earlier. The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.
May 7, 2024 5:32 PM
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Intact Financial earnings rise to $673 million in first quarter
TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier. The Toronto-based company says earnings per share were $3.68, up from $2.06 per share during the same quarter last year.
May 7, 2024 5:29 PM
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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 (22,290.62, up 31.15 points): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.88 per cent, to $50.58 on 18.8 million shares.
May 7, 2024 4:45 PM
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S&P/TSX composite posts small gain Tuesday, U.S. stock markets flat
TORONTO — Strength in energy and base metals helped Canada's main stock index post a small gain, while U.S. markets were mixed but relatively flat. The S&P/TSX composite index closed up 31.15 points at 22,290.62.
May 7, 2024 4:32 PM
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Apple's biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro
CUPERTINO, Calif.
May 7, 2024 4:00 PM
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MEG Energy says Trans Mountain expansion will boost Canadian oil prices 'for years'
CALGARY — The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for "years" to come, an executive with oilsands producer MEG Energy Corp. said Tuesday.
May 7, 2024 2:33 PM
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No evidence Big Three acting as fibre wholesalers would hurt smaller providers: CRTC
The CRTC has denied a request by Bell Canada and some independent internet providers for an expedited decision that would prevent large carriers from using rivals' fibre networks to offer their services to customers.
May 7, 2024 1:54 PM
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TikTok sues US to block law that could ban the social media platform
TikTok and its Chinese parent company ByteDance are suing the U.S. federal government over a law that would ban the popular video-sharing app unless it’s sold to another company.
May 7, 2024 12:40 PM
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