Skip to content

National Business

Magna look for growth in green initiatives, China as profit turns a corner

Magna look for growth in green initiatives, China as profit turns a corner

Magna International chief executive Don Walker said sustainability, as well as diversity and inclusion, are priorities for car manufacturers that are looking to work with the auto parts maker.
Hot summer weather increases electricity demand to boost Hydro One revenue and profit

Hot summer weather increases electricity demand to boost Hydro One revenue and profit

TORONTO — Hydro One Ltd. reported its latest quarterly revenue and profit were up compared with a year ago as a hot summer helped bolster electricity demand.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Air Canada update Air Canada is set to hold a conference call to discuss its third-quarter results on Monday.
Marriott bounces back as activity in China surges

Marriott bounces back as activity in China surges

Marriott saw dramatic improvement in the third quarter as travel demand rebounded in China. But Marriott President and CEO Arne Sorenson said the recovery remains bumpy, and reinstated lockdowns in Europe and elsewhere could clip bookings.
Pipeline company vows to reduce its GHG emissions by 35% by 2030, hit zero by 2050

Pipeline company vows to reduce its GHG emissions by 35% by 2030, hit zero by 2050

CALGARY — Enbridge Inc., the operator of the largest crude oil pipeline network in North America, says it will reduce its greenhouse gas emissions intensity to net zero by 2050.
Japan automaker Honda reports profit rise despite pandemic

Japan automaker Honda reports profit rise despite pandemic

TOKYO — Japanese automaker Honda reported Friday that its profit rose 23% in the last quarter, despite a pandemic that has slammed businesses around the world. Tokyo-based Honda Motor Co. said its July-September profit was 240.9 billion yen ($2.
Japan's Toyota sees profit slip, holding up despite pandemic

Japan's Toyota sees profit slip, holding up despite pandemic

TOKYO — Toyota’s July-September profit fell 11% from a year earlier as the coronavirus pandemic slammed global demand, but Japan’s top automaker appeared to be holding up better than weaker rivals that have sunk into the red. Toyota Motor Corp.
Dorel's Q3 bike sales boom, furniture sales up during COVID summer

Dorel's Q3 bike sales boom, furniture sales up during COVID summer

MONTREAL — Dorel Industries Inc. says it couldn't keep up with demand for bicycles and some home furniture during the summer as the quarter's revenue still rose 9.9 per cent from last year. The Montreal-based company, which reports in U.S.

National employment numbers for October from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's October employment (numbers from the previous month in brackets): Unemployment rate: 8.9 per cent (9.0) Employment rate: 59.4 per cent (59.1) Participation rate: 65.2 per cent (65.

Here's a quick glance at unemployment rates for October, by Canadian city

OTTAWA — The national unemployment rate was 8.9 per cent in October. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.