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S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

S&P/TSX composite falls despite commodities, loonie hits highest level since 2017

TORONTO — Canada's main stock index slipped despite positive moves by the commodities sectors while the loonie hit its highest level in more than three years.
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N.L. in financial crisis of its own making, time to rein in public spending: report

N.L. in financial crisis of its own making, time to rein in public spending: report

ST. JOHN'S, N.L. — Poor management and a culture of indifference toward debt have brought Newfoundland and Labrador to a financial breaking point, according to a long-awaited economic report released Thursday.
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OpenText reports $91.5M profit in Q3, as company grows customer base

WATERLOO, Ont. — A slew of new customers and products delivered a 252 per cent increase in net income for OpenText Corp. in its latest quarter. The Waterloo, Ont.-based tech company says its net income for its third quarter amounted to US$91.
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Paw Patrol movie, digital games put Spin Master on track for return to growth

Paw Patrol movie, digital games put Spin Master on track for return to growth

TORONTO — Spin Master executives said Thursday that the company behind "Paw Patrol" and several other globally successful toy and entertainment franchises aims to be a global leader in digital games for children.
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Wealth management firms must better cater to young investors' social beliefs: study

Wealth management firms must better cater to young investors' social beliefs: study

Wealth management firms need to better cater to environment and social-minded investors to tap into a younger market that is about to boom, according to the market research company J.D. Power.
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US proposes ending rule that weakened wild bird protections

US proposes ending rule that weakened wild bird protections

BILLINGS, Mont. — Longstanding protections for wild birds would be restored under a proposal unveiled Thursday to bring back prosecutions of avian deaths by industry that were ended under former President Donald Trump.
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Woodfibre LNG says contract with BP Gas ties up 70% of proposed facility's capacity

CALGARY — The company proposing the Woodfibre LNG export project near Squamish, B.C., says it has struck a second sales contract with BP Gas Marketing Ltd. that allows it to account for over 70 per cent of future production from the plant.
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Cineplex hopes for brighter summer blockbuster season as it reports quarterly loss

Cineplex hopes for brighter summer blockbuster season as it reports quarterly loss

TORONTO — The unofficial start of Hollywood's summer blockbuster movie season is fast approaching later this month, and while few Canadian movie theatres are open, the head of Cineplex Inc. is optimistic a return to business is in sight.
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Canadian Natural reports $1.38B Q1 profit, plans to use cash flow to reduce debt

Canadian Natural reports $1.38B Q1 profit, plans to use cash flow to reduce debt

CALGARY — Higher oil and gas prices, record production and a restrained capital spending budget will result in bountiful free cash flow for Canadian Natural Resources Ltd. this year, the oilsands company said Thursday.
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Central 1 housing analysis predicts slower market in 2022 but prices continue upward

Central 1 housing analysis predicts slower market in 2022 but prices continue upward

VANCOUVER — The latest analysis of British Columbia's housing market predicts yo-yo-like activity over the next 18 months as sales spin out this year and curl back in 2022.
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