Recipe Unlimited reports $23.8M Q3 profit up from $21.2M year ago
Recipe Unlimited Corp. earned $23.8 million in its latest quarter, up from $21.2 million a year ago. The company formerly known as Cara Operations says
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Bombardier cutting about 5,000 jobs as part of restructuring plan
Bombardier Inc. says it’s cutting about 5,000 jobs across the organization over the next 12 to 18 months as part of a new restructuring plan.
U.S. midterm results bring new sources of trade uncertainty for Canada
Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty. Experts says the Democrats’ majority
Business leaders meet with Trudeau to discuss corporate tax reform, pay equity
Prime Minister Justin Trudeau vaunted his government’s new legislation on pay equity at a conference of female business leaders in Montreal on Monday, and was
Lowe’s to close 31 Canadian locations, 20 more in U.S.
Lowe’s Companies Inc. says it plans to close 31 Canadian stores and other locations as part of a plan to focus on its most profitable
Five Canadian business stories to watch this week
Poloz in the UK Bank of Canada governor Stephen Poloz will give a speech to the Canada-UK Chamber of Commerce in England on Monday. Soft
Proposed lawsuits allege Ontario insurers broke payment rules
A series of proposed class-action lawsuits launched against major insurance companies in Ontario claim the firms have been shortchanging auto-accident victims for years by breaking
Like WestJet, Air Canada sees Q3 profits dip on rising fuel prices
Air Canada saw its third-quarter profit drop compared with a year ago amid rising fuel prices as operating revenue climbed 11 per cent. The airline
Canadians should get used to idea of 3 per cent interest rates: Poloz
Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now
WestJet says rising fuel prices tanked Q3 profits
WestJet Airlines Ltd. reported a third-quarter profit of $45.9 million, down from a profit of $135.9 million in the same quarter last year amid rising
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