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Saputo reports $142M Q1 profit, revenue up nearly 10% from year ago

Saputo reports $142M Q1 profit, revenue up nearly 10% from year ago

MONTREAL — Saputo Inc. reported a profit of $142 million in its latest quarter as its revenue rose nearly 10 per cent compared with a year ago.
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Bell got $64M from jail calls at issue in lawsuit, gave $39M commission to Ontario

Bell got $64M from jail calls at issue in lawsuit, gave $39M commission to Ontario

TORONTO — Bell Canada made more than $64 million in gross revenues from calls made by inmates at Ontario jails — at "exorbitant" rates, lawyers allege in a lawsuit — and gave nearly $39 million of that to the province as commission, according to new
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US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case

US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case

NEW YORK (AP) — Former Mozambican Finance Minister Manuel Chang was convicted Thursday in a financial conspiracy case that welled up from from his country's “ tuna bond ” scandal and swept into a U.S. court.
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B.C. fisherman fined $33K for harvesting in 'globally unique' glass-sponge reefs

B.C. fisherman fined $33K for harvesting in 'globally unique' glass-sponge reefs

VANCOUVER — The owner of a commercial halibut vessel in British Columbia has received more than $33,000 in fines for fishing in a marine protected area containing glass sponge reefs unique to the waters of the Pacific Northwest.
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RioCan earnings rise to $122.4 million in second quarter

RioCan earnings rise to $122.4 million in second quarter

TORONTO — RioCan Real Estate Investment Trust says its net income for the second quarter was $122.4 million, up from $112.0 million during the same quarter last year. RioCan says its revenues totalled $292.2 million, up from $276.
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Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
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Fight brewing at CRTC over first Online News Act payment by Google

Fight brewing at CRTC over first Online News Act payment by Google

OTTAWA — A new fight is playing out at the Canadian Radio-television and Telecommunications Commission over the first $100-million annual payment Google agreed to pay Canadian news outlets.
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Court hears arguments in civil suit filed by Frank Stronach's granddaughter

Court hears arguments in civil suit filed by Frank Stronach's granddaughter

An Ontario Superior Court heard arguments on Thursday in a lawsuit filed by Frank Stronach's granddaughter, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct a
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Pembina Pipeline earns $479 million in second quarter, ups full-year forecast

Pembina Pipeline earns $479 million in second quarter, ups full-year forecast

CALGARY — Pembina Pipeline Corp. says it earned $479 million in its second quarter of this year, a 32-per-cent increase over the same period in 2023.
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Quebecor calls on regulator to address network access issues as it pushes expansion

Quebecor calls on regulator to address network access issues as it pushes expansion

Quebecor Inc. says it's pushing Canada's telecom regulator to help resolve network access issues that are holding back the Quebec-based company's expansion plans.
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