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Competition Bureau investigating use of restrictive property clauses in grocery

Competition Bureau investigating use of restrictive property clauses in grocery

The Competition Bureau is investigating the use of restrictive real estate clauses in the Canadian grocery sector.
Indigo Books & Music earns $10 million in third quarter, revenues dip

Indigo Books & Music earns $10 million in third quarter, revenues dip

TORONTO — Indigo Books & Music Inc. says it earned $10 million in the latest quarter, down from $34.3 million a year earlier. The retailer says revenues for its third quarter ended Dec. 30 were $370.6 million, down from $422.
US applications for unemployment benefits fall again despite recent layoff announcements

US applications for unemployment benefits fall again despite recent layoff announcements

The number of Americans filing for jobless claims fell last week despite more layoff announcements from high-profile companies recently. Applications for unemployment benefits fell by 9,000 to 218,000 for the week ending Feb.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,919.64, down 49.54 points): Enbridge Inc. (TSX:ENB). Energy. Down 15 cents, or 0.32 per cent, to $46.20 on 10.3 million shares.
TFI International earns US$131.4 million in fourth quarter

TFI International earns US$131.4 million in fourth quarter

MONTREAL — TFI International Inc. says it earned US$131.4 million in the fourth quarter, down from US$153.5 million a year earlier. The Montreal-based transportation and logistics company says revenue for the quarter ended Dec. 31 was US$1.
CTV's flagship investigative series 'W5' among programs hit by Bell Media cuts

CTV's flagship investigative series 'W5' among programs hit by Bell Media cuts

CTV's long-running flagship investigative series "W5" will cease to exist in its current form after parent company BCE Inc. announced widespread layoffs.
Fairfax Financial shares down after report by short seller Muddy Waters Research

Fairfax Financial shares down after report by short seller Muddy Waters Research

TORONTO — Shares of Fairfax Financial Holdings Ltd. were down almost 12 per cent Thursday after a short seller alleged the company manipulated asset values.
Local news cuts at Bell come after it was granted $40M in regulatory relief: St-Onge

Local news cuts at Bell come after it was granted $40M in regulatory relief: St-Onge

OTTAWA — As Bell Media blamed regulators and policymakers for its decision to announce a fresh round of layoffs Thursday, federal and provincial politicians accused the company of unnecessarily killing off local journalism.
S&P/TSX composite down almost 50 points, U.S. stock markets post gains

S&P/TSX composite down almost 50 points, U.S. stock markets post gains

TORONTO — Canada's main stock index posted a small loss Thursday as weakness in telecom and utilities stocks weighed on the market, while U.S. markets made gains. The S&P/TSX composite index was down 49.54 points at 20,919.64.
Bombardier stock drops even as plane sales, growth forecasts rise amid supply snarls

Bombardier stock drops even as plane sales, growth forecasts rise amid supply snarls

MONTREAL — Bombardier Inc. shares slid almost 15 per cent on Thursday after the business jet maker forecast slower-than-expected growth, despite a jump in plane deliveries and profit last year.