Skip to content

National Business

Algonquin Power & Utilities names Chris Huskilson as CEO, reports Q1 loss

Algonquin Power & Utilities names Chris Huskilson as CEO, reports Q1 loss

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. named Chris Huskilson as its chief executive as it reported a loss in its latest quarter. Huskilson has been interim CEO since August 2023. The power utility, which keeps its books in U.S.
Read more >
Crescent Point reports Q1 loss due to non-cash impairment charge

Crescent Point reports Q1 loss due to non-cash impairment charge

CALGARY — Crescent Point Energy Corp. reported a loss of in its latest quarter as it was hit by a non-cash impairment charge related to assets in Saskatchewan it is selling. The oil and gas producer says it lost $411.
Read more >
Statistics Canada to release April jobs report this morning

Statistics Canada to release April jobs report this morning

OTTAWA — Statistics Canada is set to release its April labour force survey this morning. Canada's labour market has cooled significantly over the past year as high interest rates have filtered through the economy.
Read more >
Canfor to close sawmill, curtail pulp production citing B.C. policy changes

Canfor to close sawmill, curtail pulp production citing B.C. policy changes

VANCOUVER — Canfor has announced it is permanently closing its Polar sawmill in Bear Lake, B.C., shutting a production line at its Northwood Pulp Mill in Prince George, and suspending its "planned reinvestment" in Houston, B.C.
Read more >
Committee calls for B.C. taxi, ride-hailing industry to improve disabled access

Committee calls for B.C. taxi, ride-hailing industry to improve disabled access

VICTORIA — A B.C. legislature committee looking into taxi and ride-hailing services has issued recommendations, including measures to improve accessibility for people with disabilities and services in small and rural communities.
Read more >
Alberta Utilities Commission fines another unlicensed power generator mining bitcoin

Alberta Utilities Commission fines another unlicensed power generator mining bitcoin

EDMONTON — The Alberta Utilities Commission has fined another company for operating an electricity generator without a licence — using the power, like other offenders, to operate bitcoin mines.
Read more >
Tourism workers union questions New Brunswick minister's European trip

Tourism workers union questions New Brunswick minister's European trip

FREDERICTON — The union representing staff in New Brunswick's Tourism Department says money spent by the tourism minister and her deputy on a European trip could have helped stave off staffing cuts at popular attractions in the province.
Read more >
Sun Life reports first-quarter net income of $875 million

Sun Life reports first-quarter net income of $875 million

TORONTO — Sun Life Financial Inc. says it had a net income of $875 million in its first quarter, a two per cent decline from last year. The insurer says profits were affected by its U.S.
Read more >
Cineplex is betting on arcades as industry box office sales sag

Cineplex is betting on arcades as industry box office sales sag

The head of Cineplex Inc. is doubling down on video arcades as he looks to top up revenues amid the unsteady return of audiences to theatres. Box office revenue at the country's largest cinema owner rose one per cent year over year to $125.
Read more >
Pathways Alliance names former MEG Energy CEO Derek Evans as executive chair

Pathways Alliance names former MEG Energy CEO Derek Evans as executive chair

CALGARY — Pathways Alliance says former MEG Energy president and CEO Derek Evans is its new executive chair.
Read more >