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Kinross reports loss of US$106 million in Q4, earnings of $31.9 million in 2022

Kinross reports loss of US$106 million in Q4, earnings of $31.9 million in 2022

TORONTO — Kinross Gold Corp. says it saw a loss of US$106 million from continuing operations in the fourth quarter of 2022, down from a loss of $66.2 million during the same quarter a year earlier. The company, which reports in U.S.
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Nutrien sees 2022 earnings more than double despite softness in Q4

Nutrien sees 2022 earnings more than double despite softness in Q4

SASKATOON — Nutrien Ltd. says it earned $1.1 billion in the fourth quarter of 2022, down seven per cent from the same quarter a year earlier. Earnings per diluted share for the quarter ended Dec. 31 were $2.15, up from $2.11 a year earlier.
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Retail sales jump as Americans defy inflation and rate hikes

Retail sales jump as Americans defy inflation and rate hikes

WASHINGTON (AP) — America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the fastest pace in nearly two years, underscoring the economy's resilience in the face of higher p
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Manulife net income slips in Q4 but up for 2022 as a whole

Manulife net income slips in Q4 but up for 2022 as a whole

TORONTO — Manulife Financial Corp. says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year. The insurance giant says net income attributable to shareholders came in at $1.
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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 (20,720.39, up 15.60): Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.32 per cent, to $52.89 on 19.7 million shares.
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Stocks eke out gains after blowout data on retail sales

Stocks eke out gains after blowout data on retail sales

NEW YORK (AP) — Stocks closed slightly higher on Wall Street after a report showed U.S. shoppers opened their wallets at stores last month by much more than expected. The S&P 500 eked out a gain of 0.3% Wednesday after erasing an early loss.
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Barclays, once major funder, commits to stop financing oilsands

Barclays, once major funder, commits to stop financing oilsands

Barclays PLC, once a major oilsands funder, says it will no longer provide financing to the industry.
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Average rent in Canada up 10.7% since last year: report

Average rent in Canada up 10.7% since last year: report

TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases. The report from Rentals.
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Indigo risks reputational damage as outage drags on: experts

Indigo risks reputational damage as outage drags on: experts

TORONTO — The risks of reputational damage are growing for Indigo Books & Music Inc. as its website remains off-line more than a week after a cyberattack, experts say. The company first announced on Feb.
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Feds restrict funding of research with foreign agencies deemed to pose security risk

Feds restrict funding of research with foreign agencies deemed to pose security risk

OTTAWA — The federal government is moving to tighten its policy on bankrolling research with foreign entities that might pose a risk to national security.
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