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West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

VANCOUVER — West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
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First Quantum Minerals sees earnings rise in 2022 despite drop in fourth quarter

First Quantum Minerals sees earnings rise in 2022 despite drop in fourth quarter

TORONTO — First Quantum Minerals Ltd. says it earned US$117 million in the fourth quarter of 2022, 52.
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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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,704.79, up 2.56): Enbridge Inc. (TSX:ENB). Energy. Down $1.48, or 2.71 per cent, to $53.06 on 19 million shares.
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Pandemic benefits reduced child poverty, government should build on success: report

Pandemic benefits reduced child poverty, government should build on success: report

OTTAWA — Pandemic benefits rolled out to cushion the blow of COVID-19 lockdowns on workers had the positive side effect of dramatically reducing poverty levels overall. Now, advocates want to see the federal government build on that success.
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S&P/TSX composite largely unchanged Tuesday, U.S. markets mixed

S&P/TSX composite largely unchanged Tuesday, U.S. markets mixed

TORONTO — Canada's main stock index was largely unchanged Tuesday as small gains in energy helped outweigh softness in financials and industrials, while U.S. markets were mixed. The S&P/TSX composite index was up 2.56 points at 20,704.79.
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Credit, debit info and Plum points not compromised in cybersecurity incident: Indigo

Credit, debit info and Plum points not compromised in cybersecurity incident: Indigo

TORONTO — Indigo Books & Music Inc. says customer credit and debit information was not compromised by a recent cybersecurity incident that has downed its online operations for almost a week.
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Stocks end mixed after inflation cools by less than hoped

Stocks end mixed after inflation cools by less than hoped

NEW YORK (AP) — Stocks ended mixed on Wall Street following several sharp reversals after a report suggested inflation may not be slowing as quickly and as smoothly as hoped.
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Profit slips for Tim Hortons restaurant owners amid high commodity costs, inflation

Profit slips for Tim Hortons restaurant owners amid high commodity costs, inflation

Tim Hortons' parent company released new details on the financial performance of its Canadian coffee shops on Tuesday that appear to shed light on concerns raised by some franchisees about restaurant-level profitability.
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Tory revelation a reminder of need for workplace relationship policies: experts

Tory revelation a reminder of need for workplace relationship policies: experts

TORONTO — As Toronto Mayor John Tory prepares to step down after admitting to an "inappropriate relationship" with a former staffer, experts say preparation is key to protect both employees and employers from the risks such relationships create.
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US inflation slows to 6.4%, but price pressures re-emerge

US inflation slows to 6.4%, but price pressures re-emerge

WASHINGTON (AP) — The pace of consumer price increases eased again in January compared with a year earlier, the latest sign that the high inflation that has gripped Americans for nearly two years is slowly easing.
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