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Canadian Tire, Petro-Canada to partner up on gas stations and rewards programs

Canadian Tire, Petro-Canada to partner up on gas stations and rewards programs

TORONTO — Canadian Tire Corp. Ltd.'s more than 200 retail fuel sites will be rebranded under Petro-Canada in a new partnership between the retailer and the fuel brand. Canadian Tire says in a joint release with Suncor Energy Inc.
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Parkland sees earnings rise 40 per cent in first quarter of 2023

Parkland sees earnings rise 40 per cent in first quarter of 2023

CALGARY — Parkland Corp. says it earned $77 million in the first quarter of 2023, up 40 per centfrom $55 million a year earlier.
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Gildan sees sales decline in first quarter, affirms full-year outlook

Gildan sees sales decline in first quarter, affirms full-year outlook

MONTREAL — Gildan Activewear Inc. says it earned US$97.6 million in the first quarter of 2023, down 33.3 per cent from US$146.4 million a year earlier. The Montreal-based company, which reports in U.S.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,354.68, down 52.88): Enbridge Inc. (TSX:ENB). Energy. Up 41 cents, or 0.78 per cent, to $52.95 on 16.5 million shares.
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As Glencore eyes Teck, Brad Wall sees echoes of 2010 battle for Potash Corp.

As Glencore eyes Teck, Brad Wall sees echoes of 2010 battle for Potash Corp.

CALGARY — Former Saskatchewan premier Brad Wall says he doesn't know enough of the details to take a public stance on the merits of mining giant Glencore PLC's ongoing hostile takeover bid for Teck Resources Ltd.
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S&P/TSX composite down as crude drops below US$70 per barrel, U.S. markets also lower

S&P/TSX composite down as crude drops below US$70 per barrel, U.S. markets also lower

TORONTO — Canada's main stock index posted a small loss Wednesday, weighed down by weakness in energy stocks as the price of oil fell below US$70 a barrel, while U.S. stock markets were also down after the Federal Reserve hiked interest rates again.
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Proposed Canadian grocery code lays out process to resolve disputes, impose sanctions

Proposed Canadian grocery code lays out process to resolve disputes, impose sanctions

Efforts to craft a Canadian grocery code of conduct have reached a major milestone with a proposed final version that includes a process to resolve disputes and impose sanctions on systemic violators of the code.
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Stock market today: Markets slip after latest Fed rate hike

Stock market today: Markets slip after latest Fed rate hike

NEW YORK (AP) — Stocks closed lower on Wall Street after the Federal Reserve announced its latest hike to interest rates and hinted that the end to them may be near. The S&P 500 fell 0.
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Ottawa announces new framework for 5G spectrum licensing to improve connectivity

Ottawa announces new framework for 5G spectrum licensing to improve connectivity

Ottawa unveiled a new licensing policy intended to make it easier for small internet service providers and rural, remote and Indigenous communities to access 5G spectrum licences.
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Loblaw calls out ongoing 'outsized' price hikes from big brand-name food companies

Loblaw calls out ongoing 'outsized' price hikes from big brand-name food companies

Canada's largest grocer says its product costs have risen by nearly $1 billion so far this year — double the historic norm — as it continues to see "outsized" price increases from big multinational food brands.
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