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Financial, technology risks likely delayed Alberta carbon capture project: analysts

Financial, technology risks likely delayed Alberta carbon capture project: analysts

EDMONTON — A corporate decision to mothball Canada's largest carbon capture and storage plan is likely the result of financial uncertainty and technological risks, analysts suggest. Capital Power's decision not to pursue its $2.
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Open Text Corp. earns US$98.3 million in third quarter as revenues rise 16 per cent

Open Text Corp. earns US$98.3 million in third quarter as revenues rise 16 per cent

WATERLOO, ONT. — Open Text Corp. says it earned US$98.3 million, up from US$57.6 million a year earlier. The Waterloo, Ont.-based software company says its revenues totalled US$1.4 billion, up 16 per cent from US$1.
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NFI Group shrinks net loss in Q1 as revenues rise to US$722.7 million

NFI Group shrinks net loss in Q1 as revenues rise to US$722.7 million

WINNIPEG — NFI Group Inc. reported a net loss of US$9.4 million in its first quarter, compared with a net loss of US$46 million a year earlier.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,823.22, up 94.67 points): Enbridge Inc. (TSX:ENB). Energy. Up 84 cents, or 1.72 per cent, to $49.83 on 11.0 million shares.
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S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs report

S&P/TSX composite up almost 100 points, U.S. stock markets climb ahead of jobs report

TORONTO — Canada's main stock index gained almost 100 points Thursday, helped by gains in industrial and utilities stocks,while U.S. stock markets also rose.
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Maple Leaf Foods swings back to Q1 profit as pork markets show signs of improvement

Maple Leaf Foods swings back to Q1 profit as pork markets show signs of improvement

MISSISSAUGA, Ont. — Pork markets are showing signs of improvement, said Maple Leaf Foods Inc. chief executive Curtis Frank, helping the company achieve a profit in its first quarter compared with a year ago even as sales edged lower.
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Air Canada pins hopes on business travellers after profits fall

Air Canada pins hopes on business travellers after profits fall

MONTREAL — Canadian airlines have enjoyed a two-year boom amid consumer hunger for post-pandemic travel. But as that pent-up demand recedes, the country's largest carrier hopes to ramp up ticket sales to corporate customers instead.
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Stock market today: Wall Street climbs to trim its loss for the week

Stock market today: Wall Street climbs to trim its loss for the week

NEW YORK (AP) — U.S. stocks closed higher and trimmed their losses for the week. The S&P 500 climbed 0.9% Thursday, a day after swinging sharply when the Federal Reserve said it’s likely delaying cuts to interest rates.
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Galen Weston pushes back on 'misguided criticism' of Loblaw as boycott begins

Galen Weston pushes back on 'misguided criticism' of Loblaw as boycott begins

Loblaw chairman Galen Weston, as well as the company's new chief executive, pushed back on what they called “misguided criticism” of the grocer as a boycott againstthe company gains steam online.
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Dividend hike, CEO pay questioned at BCE annual meeting following job cuts

Dividend hike, CEO pay questioned at BCE annual meeting following job cuts

Frustration over BCE Inc.'s 4,800 job cuts earlier this year spilled over at the company's annual general meeting on Thursday, as investors and employees questioned executives on their compensation during a period of belt-tightening for staff.
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