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Home sales in Canada post worst start to the year since 2009: CREA

Home sales in Canada post worst start to the year since 2009: CREA

Home sales in Canada posted their worst start to the year since 2009 as January sales fell 37.1 per cent compared with the start of 2022 and prices continued to fall, the Canadian Real Estate Association said Wednesday.
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Decision on new Suncor CEO expected 'very soon'

Decision on new Suncor CEO expected 'very soon'

CALGARY — Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected "very soon.
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Statistics Canada reports manufacturing and wholesale sales down in December

Statistics Canada reports manufacturing and wholesale sales down in December

OTTAWA — Statistics Canada says manufacturing sales fell for a second consecutive month in December as they dropped 1.5 per cent to $71.0 billion. The agency says manufacturing sales were down in 14 of 21 industries in December, led by a 6.
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Barrick Gold reports US$735M Q4 loss compared with $726M profit a year earlier

Barrick Gold reports US$735M Q4 loss compared with $726M profit a year earlier

TORONTO — Barrick Gold Corp. reported a US$735-million loss in its fourth quarter compared with a profit of US$726 million in the same quarter a year earlier. The gold miner, which reports its results in U.S.
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CMHC says annual rate of housing starts slowed 13 per cent in January

CMHC says annual rate of housing starts slowed 13 per cent in January

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell 13 per cent in January.
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Elon Musk hopes to have Twitter CEO toward the end of year

Elon Musk hopes to have Twitter CEO toward the end of year

DUBAI, United Arab Emirates (AP) — Billionaire Elon Musk said Wednesday that he anticipates finding a CEO for Twitter “probably toward the end of this year.
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What tech layoffs, temporary foreign workers and boomers mean for the labour force

What tech layoffs, temporary foreign workers and boomers mean for the labour force

TORONTO — Canada's economy has seen a constant stream of layoffs hitting companies from the tech sector and beyond in recent months while many employers lament a shortage of workers
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Suncor's fourth-quarter profits increase 76 per cent to $2.74 billion

Suncor's fourth-quarter profits increase 76 per cent to $2.74 billion

CALGARY — Suncor Energy Inc. says it earned $2.74 billion in the fourth quarter of 2022, a 76 per cent increase from the $1.55 billion it earned in the same three months of 2021.
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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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