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Rogers urges CRTC to prioritize costs of companies that build internet networks

Rogers urges CRTC to prioritize costs of companies that build internet networks

Rogers Communications Inc. says the telecom regulator should phase out its current approach to wholesale network access, which requires smaller internet companies to pay a set rate to larger ones to use their networks and then sell to Canadians.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,222.69, up 333.29 points): Enbridge Inc. (TSX:ENB). Energy. Up 67 cents, or 1.48 per cent, to $45.81 on 13.4 million shares.
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Warm weather, cautious consumer spending lead to 68% drop in Canadian Tire profit

Warm weather, cautious consumer spending lead to 68% drop in Canadian Tire profit

TORONTO — Canadian Tire Corp. Ltd. saw its profit drop about 68 per cent in the key holiday shopping quarter as a tougher economic environment and an unseasonably warm winter put a damper on consumer spending.
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Cenovus reports second-highest quarterly production ever, driven by oilsands

Cenovus reports second-highest quarterly production ever, driven by oilsands

CALGARY — Cenovus Energy Inc. is the latest Canadian oilsands company to report surging production levels just in time for the anticipated startup of the Trans Mountain pipeline expansion.
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Newfoundland and Labrador says Vrbo apologized for ad featuring beloved folk song

Newfoundland and Labrador says Vrbo apologized for ad featuring beloved folk song

ST. JOHN'S, N.L. — The Newfoundland and Labrador government says vacation rental company Vrbo has apologized for an advertisement that prompted a call from the premier for it to be pulled.
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Markets continue recovery from mid-week selloff as S&P 500 notches new all-time high

Markets continue recovery from mid-week selloff as S&P 500 notches new all-time high

TORONTO — Canada's main stock index gained 1.6 per cent on Thursday, led by strong gains in the energy sector, while U.S. markets also rose, with the S&P 500 notching a new all-time high. The S&P/TSX composite index closed up 333.
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Dax Dasilva returns to Lightspeed as interim CEO, JP Chauvet steps down

Dax Dasilva returns to Lightspeed as interim CEO, JP Chauvet steps down

Lightspeed Commerce Inc. founder Dax Dasilva is back at the helm of the company he started and he has a mission: profitability and boosting the stock price. "When I took the company public in 2019, our revenue was US$77.
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West Fraser Timber encouraged by outlook despite ongoing challenges: CEO

West Fraser Timber encouraged by outlook despite ongoing challenges: CEO

VANCOUVER — West Fraser Timber Co. Ltd. president and CEO Sean McLaren said he expects the company will continue to experience unpredictable challenges such as inflation risks and labour constraints.
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Prince Edward Island signs exclusive tourism marketing deal with NHL

Prince Edward Island signs exclusive tourism marketing deal with NHL

CHARLOTTETOWN — Canada’s smallest province is looking to boost its tourism profile by capitalizing on the popularity of the National Hockey League.
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Air Canada chatbot decision a reminder of company liability: experts

Air Canada chatbot decision a reminder of company liability: experts

TORONTO — A decision on Air Canada's liability for what its chatbot said is a reminder of how companies need to be cautious when relying on artificial intelligence, experts say. The B.C.
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