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Strong lumber prices boost Canfor Q1 profits 25 per cent despite pulp losses
VANCOUVER — Canfor Corp. is reporting a 25 per cent increase in net profits in its latest quarter on near record high North American lumber prices that also boosted revenues. The Vancouver-based company said it earned $534 million of $4.
May 3, 2022 1:02 PM
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Mortgage or retirement savings? Where to get the most bang for your extra bucks
Jennifer Woodfine is constantly wondering whether she should use any extra money to pay down her mortgage faster, or put it towards retirement savings instead.
May 3, 2022 12:57 PM
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As restrictions ease and offices reopen, Tim Hortons' downtown restaurants rebound
In one of the surest signs Canadian workers are returning to downtown offices, Tim Hortons says sales at its "super urban" restaurants are rebounding to near pre-pandemic levels.
May 3, 2022 12:34 PM
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Molson Coors Q1 profit soars to US$151.5M on best sales growth in more than decade
MONTREAL — Molson Coors Beverage Co. says its profits soared in the first quarter for its largest quarterly sales growth in more than a decade. The Colorado and Montreal-based company, which reports in U.S. dollars, says it earned US$151.
May 3, 2022 12:23 PM
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Union drive in full swing at Amazon warehouse in Montreal
MONTREAL — A unionization campaign is underway at an Amazon warehouse in Montreal as one of North America's largest employers stares down more labour drives — with only one successful so far.
May 3, 2022 12:03 PM
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Cannabis company Choom obtains creditor protection, interim financing from Aurora
VANCOUVER — Choom Holdings Inc. and some of its subsidiaries have obtained creditor protection from the Supreme Court of British Columbia and interim financing from Aurora Cannabis Inc.
May 3, 2022 11:06 AM
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Employers post record 11.5 million job openings in March
WASHINGTON (AP) — Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed.
May 3, 2022 11:05 AM
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Real Estate Board of Greater Vancouver says April home sales down
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales in the region fell in April and returned to more historically typical levels for the month.
May 3, 2022 11:00 AM
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Calfrac Well Services reports Q1 loss, revenue up 38 per cent from year ago
CALGARY — Calfrac Well Services Ltd. reported a first-quarter loss of $21.5 million compared with a loss of $22.4 million in the same quarter last year, as its revenue rose 38 per cent.
May 3, 2022 10:07 AM
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Instacart adds Metro and Giant Tiger to app as it aims to spur easing pandemic demand
Grocery delivery startup Instacart is adding more Canadian stores to its app as it expands despite mounting competition, rising inflation and easing demand.
May 3, 2022 9:21 AM
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