Acasta Enterprises Inc. (TSX: AEF) (“Acasta” or the “Company”) is pleased to announce that it will release its first quarter 2018 results on Thursday, May 10, 2018, after normal trading hours. First Quarter 2018 Results Conference Call: Acasta’s senior management will host a conference call on Friday, May 11, 2018 at 9:00 a.m. (Toronto time) […]
OTTAWA — A top Bank of Canada official says she expects the country’s high levels of household debt relative to disposable income to gradually start winding down. Speaking before a parliamentary committee, senior deputy governor Carolyn Wilkins says the central bank is seeing a slowdown in credit growth for both mortgages and other forms of […]
Quarterly profit of US$9.4 billion, or US$13.33 per share, exceeded estimates of US$6.56 billion, or US$9.28 per share
OTTAWA — The Competition Bureau of Canada has approved Metro Inc.’s purchase of the Jean Coutu Group provided it sells 10 pharmacies in eight Quebec communities. The federal agency says the communities would face reduced competition if the company doesn’t divest the assets in Amos, Berthierville, Baie St-Paul, Carleton-sur-Mer, Coaticook, Disraeli, La Baie and La […]
VICTORIA — The British Columbia government has introduced legislation that will attempt to restore the finances of the public auto insurance agency. Attorney General David Eby has promised changes to the Insurance Corporation of British Columbia as it faced a forecasted deficit of $1.3 billion. The proposed changes introduced Monday in the legislature include a […]
Almost a third of respondents say their perception of the coffee chain has become more negative
Canadian National Railway Co. is cutting its 2018 financial outlook as it reports lower first-quarter income and revenue due to severe winter weather and lower network “resiliency.” The company says it now expects to post 2018 adjusted diluted earnings per share of $5.10 to $5.25, down from its previous target of $5.25 to $5.40. Last […]
BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a contract valued at approximately CA$642 million from Bruce Power to design and supply 32 steam generators for Bruce Power’s Major Component Replacement (MCR) Project. The original contract for Bruce Power’s Unit 6 steam generators, previously announced in […]
Executives are urging investors to ignore short term movements and focus on the fundamentals
REGINA — The Saskatchewan government has introduced legislation that would allow the province to control its oil and gas exports, similar to a bill recently tabled in Alberta. Once passed, the law would establish a permitting process for people or corporations looking to export energy products outside the province. The proposal does not mention British […]