Business

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

S&P/TSX composite joins U.S. markets rallying while loonie marches higher

S&P/TSX composite joins U.S. markets rallying while loonie marches higher

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto's financial district on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
TransAlta President & CEO Dawn Farrell speaks during at the company’s annual general meeting in Calgary on Tuesday, April 29, 2014. THE CANADIAN PRESS/Larry MacDougal

TransAlta announces plan to stop mining coal at Highvale, stop using coal in Canada

Keephills Unit 1 and Sundance Unit 4 will stop using coal

TransAlta President & CEO Dawn Farrell speaks during at the company’s annual general meeting in Calgary on Tuesday, April 29, 2014. THE CANADIAN PRESS/Larry MacDougal
Minister of Canadian Heritage Steven Guilbeault watches a speaker via videoconference during a news conference in Ottawa, Friday, April 17, 2020. The federal government is proposing new policy changes — with monetary penalties — to ensure online streaming platforms experiencing booming revenues face as stringent regulations as traditional broadcasters, which have seen profits decline in recent years THE CANADIAN PRESS/Adrian Wyld

Feds propose changes to Broadcasting Act that may raise $800 million from streamers

Feds propose changes to Broadcasting Act that may raise $800 million from streamers

Minister of Canadian Heritage Steven Guilbeault watches a speaker via videoconference during a news conference in Ottawa, Friday, April 17, 2020. The federal government is proposing new policy changes — with monetary penalties — to ensure online streaming platforms experiencing booming revenues face as stringent regulations as traditional broadcasters, which have seen profits decline in recent years THE CANADIAN PRESS/Adrian Wyld
A Le Chateau clothing store is seen in a shopping mall in Joliette, Que. on Friday, October 23, 2020. THE CANADIAN PRESS/Paul Chiasson
A Le Chateau clothing store is seen in a shopping mall in Joliette, Que. on Friday, October 23, 2020. THE CANADIAN PRESS/Paul Chiasson
An unidentified man is silhouetted as he walks in front of Microsoft logo at an event in New Delhi, India, Nov. 7, 2017. With the threat of extinction hanging heavy over companies during the pandemic, a top tech executive says we're having a "Darwinian moment" that will see some firms emerge stronger while others will succumb to difficult conditions. THE CANADIAN PRESS/AP-Altaf Qadri

‘Darwinian moment:’ Pandemic pushes some Canadian companies to thrive, others to fail

‘Darwinian moment:’ Pandemic pushes some Canadian companies to thrive, others to fail

An unidentified man is silhouetted as he walks in front of Microsoft logo at an event in New Delhi, India, Nov. 7, 2017. With the threat of extinction hanging heavy over companies during the pandemic, a top tech executive says we're having a "Darwinian moment" that will see some firms emerge stronger while others will succumb to difficult conditions. THE CANADIAN PRESS/AP-Altaf Qadri
The corporate logo for Dorel Industries Inc. is shown in this handout photo. THE CANADIAN PRESS/HO

Dorel shares climb after company reveals plan to go private

Dorel shares climb after company reveals plan to go private

The corporate logo for Dorel Industries Inc. is shown in this handout photo. THE CANADIAN PRESS/HO
A sign board in Toronto shows the closing number for the TSX on Thursday, October 29, 2020. THE CANADIAN PRESS/Frank Gunn

North American markets rebound from last week’s losses on eve of U.S. election

North American markets rebound from last week’s losses on eve of U.S. election

A sign board in Toronto shows the closing number for the TSX on Thursday, October 29, 2020. THE CANADIAN PRESS/Frank Gunn
A sign board in Toronto shows the closing number for the TSX on Thursday October 29, 2020. THE CANADIAN PRESS/Frank Gunn

Spooked investors push North American stock markets to worst week since March

Spooked investors push North American stock markets to worst week since March

A sign board in Toronto shows the closing number for the TSX on Thursday October 29, 2020. THE CANADIAN PRESS/Frank Gunn
Shaw logos are on display at the company’s annual meeting in Calgary, Jan. 17, 2019. THE CANADIAN PRESS/Jeff McIntosh
Shaw logos are on display at the company’s annual meeting in Calgary, Jan. 17, 2019. THE CANADIAN PRESS/Jeff McIntosh
A sign at a Starbucks Coffee store in south Seattle is shown, Tuesday, Oct. 27, 2020. Starbucks saw faster-than-expected recovery in the U.S. and China in its fiscal fourth quarter, giving it confidence as it heads into the holiday season. (AP Photo/Ted S. Warren)

Starbucks sales recover faster than expected in US, China

Weekend sales are outpacing weekdays

  • Oct 30, 2020
A sign at a Starbucks Coffee store in south Seattle is shown, Tuesday, Oct. 27, 2020. Starbucks saw faster-than-expected recovery in the U.S. and China in its fiscal fourth quarter, giving it confidence as it heads into the holiday season. (AP Photo/Ted S. Warren)
A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim

North American stock markets partially rebound despite crude hitting five-month low

North American stock markets partially rebound despite crude hitting five-month low

A Toronto Stock Exchange ticker is seen at The Exchange Tower in Toronto on Thursday, August 18 2011. THE CANADIAN PRESS/Aaron Vincent Elkaim
A sign is seen outside the Shopify headquarters in Ottawa, Tuesday September 1, 2020. THE CANADIAN PRESS/Adrian Wyld
A sign is seen outside the Shopify headquarters in Ottawa, Tuesday September 1, 2020. THE CANADIAN PRESS/Adrian Wyld
Customers pack a Sobeys grocery store in St. John's on Tuesday, January 21, 2020.The head of Sobeys Inc. says the grocer won't follow its Canadian competitors in unilaterally hiking supplier fees, calling the practice "hard to believe and repugnant." THE CANADIAN PRESS/Andrew Vaughan

Sobeys CEO calls competitors’ fee increases on suppliers ‘repugnant’

Sobeys CEO calls competitors’ fee increases on suppliers ‘repugnant’

Customers pack a Sobeys grocery store in St. John's on Tuesday, January 21, 2020.The head of Sobeys Inc. says the grocer won't follow its Canadian competitors in unilaterally hiking supplier fees, calling the practice "hard to believe and repugnant." THE CANADIAN PRESS/Andrew Vaughan
Financial numbers are seen on the digital ticker tape at the TMX Group in Toronto's financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

COVID-19 infection spike pushes S&P/TSX composite to more than three-month low

COVID-19 infection spike pushes S&P/TSX composite to more than three-month low

Financial numbers are seen on the digital ticker tape at the TMX Group in Toronto's financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
A traffic light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. A new report says a culture of inequality continues to persist in Canada's capital markets and the brunt of it is felt by women and people who are racialized, Indigenous or identify as LGBTQ2S+. THE CANADIAN PRESS/Nathan Denette

Inequality in capital markets sector continues to hurt women, BIPOC and LGBTQ: report

Inequality in capital markets sector continues to hurt women, BIPOC and LGBTQ: report

A traffic light on Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020. A new report says a culture of inequality continues to persist in Canada's capital markets and the brunt of it is felt by women and people who are racialized, Indigenous or identify as LGBTQ2S+. THE CANADIAN PRESS/Nathan Denette
The TMX Group logo, home of the TSX, is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim

North American stock markets flat a week ahead of U.S. election

North American stock markets flat a week ahead of U.S. election

The TMX Group logo, home of the TSX, is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
North American stock markets plunge amid soaring COVID-19 infections

North American stock markets plunge amid soaring COVID-19 infections

North American stock markets plunge amid soaring COVID-19 infections

North American stock markets plunge amid soaring COVID-19 infections
The TMX broadcast centre is shown in Toronto on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

North American stock markets end another flat week ahead of U.S. election

North American stock markets end another flat week ahead of U.S. election

The TMX broadcast centre is shown in Toronto on May 9, 2014. THE CANADIAN PRESS/Darren Calabrese
A Le Chateau retail store is shown in Montreal on Wednesday July 13, 2016. Le Chateau Inc. says it is seeking court protection from creditors under the Companies’ Creditors Arrangement Act to allow it to liquidate its assets and wind down its operations.THE CANADIAN PRESS/Ryan Remiorz
A Le Chateau retail store is shown in Montreal on Wednesday July 13, 2016. Le Chateau Inc. says it is seeking court protection from creditors under the Companies’ Creditors Arrangement Act to allow it to liquidate its assets and wind down its operations.THE CANADIAN PRESS/Ryan Remiorz
A man watches the financial numbers on the digital ticker tape at the TMX Group in Toronto's financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese

S&P/TSX composite inches higher on strength of energy and telecommunications sectors

S&P/TSX composite inches higher on strength of energy and telecommunications sectors

A man watches the financial numbers on the digital ticker tape at the TMX Group in Toronto's financial district on Friday, May 9, 2014. THE CANADIAN PRESS/Darren Calabrese