Business

Cascades announces the closure of 3 plants as part of an exit from certain segments

KINGSEY FALLS — Cascades Inc. says it is discontinuing its honeycomb paperboard and partition packaging product segments, resulting in the closure of three plants. The plants are located in Saint-Cesaire,...

1h ago

Saputo reports $220M profit in the third quarter, reversing last year's $518M loss

MONTREAL — Saputo Inc. says its net earnings came in at $220 million during the third quarter, up from a loss of $518 million during the same period a year earlier. The Montreal-based company...

2h ago

Families of plane crash victims ask US appeals court to revive a criminal case against Boeing

Thirty-one families that lost relatives in two fatal crashes of Boeing 737 Max jetliners asked a federal appeals court on Thursday to revive a criminal case against the aircraft manufacturer. ...

45m ago

OpenText reports US$168M in Q2 profit, down 27 per cent from the previous year

WATERLOO — OpenText Corp. says net income was US$168 million during its second quarter, down 27 per cent from the same period a year earlier, when it brought in US$230 million. The Waterloo, Ont.-based...

2h ago

From EV rebates to charging stations: here are 5 take-aways from Ottawa's new EV plan

OTTAWA — The federal government announced a suite of policy changes on Thursday in its efforts to get more electric vehicles on the road, while maintaining a sustainable auto sector. Among the highlights...

2h ago

Public servants ordered to work in-office 4 days a week starting in July

OTTAWA — The federal government is ordering public servants to be in the office at least four days a week starting this summer, with executives expected to return to the office full time in May. A Treasury...

2h ago

Amazon misses 4Q profit estimates despite faster than expected growth in cloud computing business

NEW YORK (AP) — Amazon misses 4Q profit estimates despite faster than expected growth in cloud computing business. The Associated Press

3h ago

Argentina and US sign a major trade deal to slash tariffs and boost a political alliance

BUENOS AIRES, Argentina (AP) — Argentina and the United States agreed Thursday to ease restrictions on each other's goods in an expansive trade and investment deal that boosts a drive by President Javier...

45m ago

Montreal-area home sales fall 15% in January: real estate board

MONTREAL — Quebec's real estate board says Montreal-area home sales fell 15 per cent on a year-over-year basis in January amid a shortage of supply and limited purchasing power for some households. The...

4h ago

Pizza Hut closing 250 US stores as parent company considers selling the brand

Pizza Hut plans to close 250 U.S. restaurants in the first half of this year as its parent company considers a sale of the chain. Yum Brands said Wednesday it’s targeting underperforming...

5h ago