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Brookfield Asset Management fourth-quarter profit down from year ago
TORONTO — Brookfield Asset Management Ltd. says its share of the latest quarterly profit of the asset management business it owns with Brookfield Corp. amounted to US$19 million.
Feb 8, 2023 9:11 AM
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Auto prices to ease but affordability still a challenge with no quick fix: experts
TORONTO — Automakers have made high-profile price cuts for some of the most well-known electric cars this year, but experts say the overall sticker shock of buying vehicles will prove harder to remove.
Feb 8, 2023 9:00 AM
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Brookfield Reinsurance to buy Argo for US$1.1 billion in cash
TORONTO — Brookfield Reinsurance has signed a deal to buy Argo Group International Holdings for US$1.1 billion in cash. Argo is a U.S. focused underwriter of specialty insurance products.
Feb 8, 2023 8:42 AM
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UK watchdog says Microsoft's Activision deal hurts gamers
LONDON (AP) — Microsoft’s stalled $68.7 billion deal to buy video game company Activision Blizzard has hit a fresh hurdle in the United Kingdom, where the antitrust watchdog said Wednesday that it will stifle competition and hurt gamers.
Feb 8, 2023 7:53 AM
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TMX Group proposes to split shares on a five-for-one basis
TORONTO — TMX Group Ltd. is proposing to split its shares on a five-for-one basis. The operator of the Toronto Stock Exchange says it believes the split may encourage greater liquidity for its shares. Shares in the company closed at $133.
Feb 8, 2023 7:08 AM
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Héroux-Devtek reports Q3 profit down from year ago, sales higher
MONTREAL — Héroux-Devtek Inc. reported a profit of $1.8 million in its latest quarter, down from $6.5 million a year earlier as its sales climbed higher.
Feb 8, 2023 7:05 AM
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How much Canadians have fallen behind amid high inflation and who's hurting the most
OTTAWA — Inflation has eroded purchasing power for many Canadians, but the experience with rapidly rising prices has been far from uniform.
Feb 8, 2023 3:00 AM
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The state of the union? Unapologetically pro-American, to hear Joe Biden tell it
WASHINGTON — U.S.
Feb 7, 2023 10:19 PM
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West Fraser Timber Co. to temporarily curtail operations at Quesnel, B.C., mill
VANCOUVER — West Fraser Timber Co. says it's curtailing operations at Cariboo Pulp & Paper in Quesnel, B.C., beginning in mid-April for one month and then for another month in the third quarter.
Feb 7, 2023 5:41 PM
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Fed's Powell: Strong hiring could force further rate hikes
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Tuesday that if the U.S.
Feb 7, 2023 5:06 PM
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