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SNC-Lavalin to pay $30M under agreement with Quebec over bridge bribes
MONTREAL — SNC-Lavalin Inc. says it will pay Quebec nearly $30 million over three years to settle criminal bribery charges stemming from bridge work in Montreal.
May 6, 2022 5:23 PM
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Uber, union reach settlement in Ontario unionization case: UFCW Canada
TORONTO — Uber Technologies Inc. has fought off a unionization attempt from Toronto drivers for its premium Uber Black service with a settlement it signed with the private sector union trying to represent the workers.
May 6, 2022 4:54 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,633.28, down 62.89 points.) Enbridge Inc. (TSX:ENB). Energy. Up $1.24, or 2.2 per cent, to $58.47 on 18.2 million shares.
May 6, 2022 4:09 PM
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North American stock markets end volatile week by falling further
TORONTO — North American stock markets ended a volatile week by losing more ground as healthy jobs reports reinforced that central banks would likely continue their sizable interest rate increases.
May 6, 2022 3:38 PM
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Sri Lanka leader declares emergency amid protests
COLOMBO, Sri Lanka (AP) — Sri Lanka's president declared a state of emergency Friday giving him broad authority amid widespread public protests demanding his resignation over the country's worst economic crisis in recent memory.
May 6, 2022 3:30 PM
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Canadian farmers battle avian flu as bird death toll hits 1.7 million
CALGARY — When David Hyink checks on his barns each day, he does so with a sense of trepidation.
May 6, 2022 3:14 PM
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Telus reports higher profits as it touts diversified business model
Telus Corp.
May 6, 2022 2:40 PM
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US added 428,000 jobs in April despite surging inflation
WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
May 6, 2022 1:36 PM
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Dorel shares fall 9% after posting third-straight quarterly loss in first quarter
MONTREAL — Dorel Industries Inc. shares plunged nine per cent as the Montreal-based company lost money for a third-straight quarter on continued supply chain issues and high inflation.
May 6, 2022 12:59 PM
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Stelco beats expectations as profit more than doubles despite challenging start to Q1
HAMILTON — Stelco Holdings Inc. beat expectations as it reported a strong quarter despite a challenging start to the year. The Hamilton-based steel maker says its net income for the first quarter more than doubled to $262 million or $3.
May 6, 2022 12:09 PM
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