Operations
CGI not worried about another U.S. government shutdown, says CEO
Company begins its strategic plan to double its size within five to seven years.
Bombardier sells aerostructures business to Spirit AeroSystems, reports Q3 loss
Spirit will pay US$500 million in cash.
SNC-Lavalin appoints Ian Edwards as CEO, reports Q3 boosted by 407 sale
Edwards has been serving as SNC-Lavalin’s interim president and chief executive since June.
Shopify reports US$72.8M third quarter loss, revenue up 45% [UPDATED]
Revenue totalled $390.6 million for Ottawa-based e-commerce firm.
A&W reports sales growth, but net income falls short of expectations
Net income excluding non-cash items came in at $8.429 million for the quarter.
Tourmaline Oil shares rise after it spins off hybrid royalty corporation
Western Canada’s natural gas industry has struggled for years due to low commodity prices and pipeline transportation constraints.
Major Drilling signs deal to buy Norex Drilling for $19.7M
The company will acquire 22 drill rigs, including 17 compatible specialized surface drill rigs and five underground drills.
Cenovus raises dividend, plans modest growth, as CEO heralds debt reduction
Calgary-based company announced it will pay a quarterly dividend of 6.25 cents per share.
Proportion of women on boards up slightly to 17%: CSA report
Women were better represented on boards of larger companies.
BlackBerry Ltd. reports US$44M Q2 loss, revenue up 16% from year ago
The recently acquired Cylance operation contributed $35 million in revenue.
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Imperial Oil CEO Rich Kruger to retire, Brad Corson named next CEO
Kruger has led the company since 2013.
Roots reports nearly $9.7M Q2 loss amid challenging foot traffic
New distribution centre is operating is at 60% of where Roots wants its capacity to be.
Inter Pipeline shares lose some of last week’s takeover speculation gains
The bidder is likely a private entity with access to project funding at a lower cost than through public markets.
Tim Hortons bets future growth on trends and innovation in competitive market
Restaurant Brands International says rapid adoption of new tastes and technologies is helping drive sales growth across its more than 26,000 restaurants globally.
Siemens earnings slip on lower demand from auto industry
The company said Thursday that net profit eased to US$1.252 billion in the April-June quarter.
