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Gildan Activewear reports lower earnings, rising sales in third quarter

Gildan Activewear reports lower earnings, rising sales in third quarter

MONTREAL — Gildan Activewear Inc. says it earned US$127.4 million in the third quarter, down 16.7 per cent from US$153 million a year earlier. The Montreal-based company says net sales rose 2.3 per cent to US$869.
Cogeco reports decline in profit despite record quarterly internet customer additions

Cogeco reports decline in profit despite record quarterly internet customer additions

MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $29.2 million in its fourth quarter, down 19.8 per cent from earnings of $36.4 million during the same period a year ago.
Saputo closing facility in Lancaster, Wisc., about 100 employees affected

Saputo closing facility in Lancaster, Wisc., about 100 employees affected

MONTREAL — Saputo Inc. says it is closing its facility in Lancaster, Wis., and plans to move production to another location in the state. The Montreal-based company says about 100 employees will be affected by the decision.
Lightspeed Commerce reports Q2 revenue up 25% from year ago

Lightspeed Commerce reports Q2 revenue up 25% from year ago

MONTREAL — Lightspeed Commerce Inc. reported a smaller loss in its second quarter compared with a year ago as its revenue rose 25 per cent. The company, which keeps its books in U.S. dollars, says it lost US$42.
BCE reports Q3 profit down from a year ago, operating revenue edged higher

BCE reports Q3 profit down from a year ago, operating revenue edged higher

MONTREAL — BCE Inc. reported its third-quarter profit fell compared with a year ago as its revenue edged higher.
Michelin-starred eatery tops Air Canada's 2023 list of best new Canadian restaurants

Michelin-starred eatery tops Air Canada's 2023 list of best new Canadian restaurants

MONTREAL — Toronto’s Kappo Sato has claimed the top spot of Air Canada’s 2023 list of Canada's 10 best new restaurants.
Quebec to welcome about 60K immigrants in 2024, impose French requirement for workers

Quebec to welcome about 60K immigrants in 2024, impose French requirement for workers

Quebec Premier François Legault announced on Wednesday that his government's immigration target in 2024 would be about 50,000 newcomers, about the same as this year.
U.S. prosecutors say two Montreal residents helped ship weapons components to Russia

U.S. prosecutors say two Montreal residents helped ship weapons components to Russia

MONTREAL — United States federal prosecutors in New York have charged two Montreal residents with wire fraud conspiracy for allegedly exporting electronic components to Russia for military use. U.S.
Covenant Chain: Mohawk men in tobacco smuggling case cite treaty, win in Quebec court

Covenant Chain: Mohawk men in tobacco smuggling case cite treaty, win in Quebec court

MONTREAL — Two Mohawk men from Kahnawake, near Montreal, have been granted a stay of proceedings in a tobacco smuggling case after a judge ruled their treaty rights were infringed.
Telus, TerreStar complete trial of mobile-to-satellite connectivity

Telus, TerreStar complete trial of mobile-to-satellite connectivity

MONTREAL — Telus Corp. says it has successfully trialled technology that allows smartphones to send and receive voice calls and text messages using satellites.