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Air Canada shares jump after it sells 25% stake in Aeroplan for $2.5 billion
MONTREAL - Air Canada shares took flight Wednesday after the country’s largest airline announced it would sell a quarter of…
S&P/TSX composite index up in late-morning trading Wednesday, U.S. markets mixed
TORONTO - Canada’s main stock index was up more than 100 points in late-morning trading on Wednesday, led by strength…
Ontario's real estate regulator orders disciplinary hearing for former RECO chair over trust account violations
Ontario’s real estate regulator is taking disciplinary action against its former chair over trust account violations, nearly a year after…
Maple Leaf Foods reports $40.8M Q2 profit, sales up from year ago
MISSISSAUGA - Maple Leaf Foods Inc. reported a second-quarter profit of $40.8 million, up from $39 million a year ago,…
Toronto tenants say federal cash is going to developer who plans to demolish their homes
Since receiving notice three and a half years ago that their apartments were to be demolished for condos, Megan Kee and…
Blackstone nears stake in Air Canada’s points program
Blackstone Inc. is nearing a deal to pick up a minority stake in Aeroplan, Air Canada’s travel loyalty program, for…
Strong film slate, FIFA screenings help boost Cineplex's Q2 results
TORONTO - A strong film slate and theatre presentations of FIFA World Cup matches helped Cineplex Inc. swing to a…
Pet Valu reports second-quarter profit up from a year ago as revenue also higher
MARKHAM - Pet Valu Holdings Ltd. reported a net income of $24.9 million in its second quarter, up from $21.8…
Air Canada reports $178M second-quarter loss, down from $186M profit last year
MONTREAL - Air Canada reported a net loss of $178 million during the second quarter, compared to net income of…