Skip to content

National Business

BCE slashes 9% of workforce, puts blame at the feet of regulators and policymakers

BCE slashes 9% of workforce, puts blame at the feet of regulators and policymakers

TORONTO — The parent company of Bell Canada announced it is slashing nine per cent of its workforce and could further scale back network spending as it remains at loggerheads with the CRTC over what it calls "predetermined" regulatory direction.
Read more >
Cineplex posts Q4 loss despite theatre audience boost from Taylor Swift

Cineplex posts Q4 loss despite theatre audience boost from Taylor Swift

TORONTO — Taylor Swift delivered massive audiences to global movie theatres as 2023 wound down, but it wasn't enough to keep Canada's largest cinema chain from posting a loss in its most recent quarter. Cineplex Inc.
Read more >
Thomson Reuters reports Q4 profit and revenue up, raises quarterly dividend

Thomson Reuters reports Q4 profit and revenue up, raises quarterly dividend

TORONTO — Thomson Reuters Corp. raised its dividend by 10 per cent as it reported its fourth-quarter profit more than tripled compared with a year earlier and its revenue also climbed higher.
Read more >
Who is BCE? Quick facts about the company behind Thursday's job cuts announcement

Who is BCE? Quick facts about the company behind Thursday's job cuts announcement

MONTREAL — BCE Inc. is cutting nine per cent of its workforce and making sweeping changes at its media division, including the sale of 45 of its 103 regional radio stations.
Read more >
AI-generated voices in robocalls can deceive voters. The FCC just made them illegal

AI-generated voices in robocalls can deceive voters. The FCC just made them illegal

The Federal Communications Commission on Thursday outlawed robocalls that contain voices generated by artificial intelligence , a decision that sends a clear message that exploiting the technology to scam people and mislead voters won’t be tolerated.
Read more >
Cameco reports US$80M Q4 profit compared with loss a year ago, revenue up

Cameco reports US$80M Q4 profit compared with loss a year ago, revenue up

SASKATOON — Cameco Corp. reported a fourth-quarter profit compared with a loss a year earlier as its revenue rose more than 60 per cent. The uranium miner says it earned $80 million or 18 cents per diluted share in the quarter ended Dec.
Read more >
Skip the roses and consider other flowers to save this Valentine's Day: florists

Skip the roses and consider other flowers to save this Valentine's Day: florists

TORONTO — Roses are red, violets are blue, florists have some advice for you: If you want to save this Valentine's Day, don't choose roses for your bouquet. While roses tend to be the flower of choice come Feb.
Read more >
Lightspeed Commerce reports Q3 loss, revenue up 27% from year earlier

Lightspeed Commerce reports Q3 loss, revenue up 27% from year earlier

MONTREAL — Lightspeed Commerce Inc. reported a loss of US$40.2 million in its latest quarter as its revenue rose 27 per cent compared with a year earlier. The Montreal-based e-commerce technology company, which keeps its books in U.S.
Read more >
These companies have laid off Canadian workers in 2024

These companies have laid off Canadian workers in 2024

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.
Read more >
Bard who? Google bringing AI chatbot, now called Gemini, to Canada

Bard who? Google bringing AI chatbot, now called Gemini, to Canada

TORONTO — Google is bringing its artificial intelligence chatbot to Canada as the product gets a new name.
Read more >