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Students, recent immigrants hit hard by weakening job market, StatCan data suggests

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

OTTAWA — Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.
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Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.
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Saputo reports $142M Q1 profit, revenue up nearly 10% from year ago

Saputo reports $142M Q1 profit, revenue up nearly 10% from year ago

MONTREAL — Saputo Inc. reported a profit of $142 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.
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Bell got $64M from jail calls at issue in lawsuit, gave $39M commission to Ontario

Bell got $64M from jail calls at issue in lawsuit, gave $39M commission to Ontario

TORONTO — Bell Canada made more than $64 million in gross revenues from calls made by inmates at Ontario jails — at "exorbitant" rates, lawyers allege in a lawsuit — and gave nearly $39 million of that to the province as commission, according to new
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US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case

US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case

NEW YORK (AP) — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country's “ tuna bond ” scandal and swept into a U.S. court.
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RioCan earnings rise to $122.4 million in second quarter

RioCan earnings rise to $122.4 million in second quarter

TORONTO — RioCan Real Estate Investment Trust says its net income for the second quarter was $122.4 million, up from $112.0 million during the same quarter last year. RioCan says its revenues totalled $292.2 million, up from $276.
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Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
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Pembina Pipeline earns $479 million in second quarter, ups full-year forecast

Pembina Pipeline earns $479 million in second quarter, ups full-year forecast

CALGARY — Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.
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Quebecor calls on regulator to address network access issues as it pushes expansion

Quebecor calls on regulator to address network access issues as it pushes expansion

Quebecor Inc. says it's pushing Canada's telecom regulator to help resolve network access issues that are holding back the Quebec-based company's expansion plans.
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Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy . The S&P 500 jumped 2.
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