Manufacturing
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Russel Metals Q2 profit cut in half as revenues fall on lower steel prices
The metals distributor and processor earned 50 cents per share for the period ended June 30, compared with $1.07 per share last year
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Canadian wage growth climbs to highest mark since 2009, but economy sheds jobs [UPDATED]
Wages continued to show signs of strength, with hourly pay up 4.5% in July from a year ago
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High Liner shares drop as Q2 net earnings drop on costs associated with job cuts
High Liner says it earned US$946,000 for the three months ended June 29, compared with $2.8 million in the prior year
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Fairfax Financial sells large stake in Reitmans for about $22M
Montreal-based Reitmans is a ladies-wear apparel retailer that operated 594 stores in Canada under the Reitmans, Penningtons, 80 Addition Elle, RW & Co. and Thyme Maternity
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Magna sales outpace global vehicle production, outlook largely unchanged
Second-quarter profit fell 28% to US$452 million due to lower operating margins and higher expenses relative to last year
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Trudeau pressed to give update on review of Canada’s arms deal with Saudi Arabia
The Liberals launched a review of a contract to ship light armoured vehicles to the Middle East last fall after the killing of journalist Jamal Khashoggi
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China warns Hong Kong facing biggest crisis since handover
Protests were set off by proposed extradition legislation aimed at sending some suspects to China, where critics say they could face possible torture and unfair trials
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Finning Q2 profit up on strong sales across its regions and efficiencies in Canada
Demand in Canada remains healthy, with net revenue up 18% from last year to due to higher new equipment sales and the acquisition of 4Refuel
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Can one compare the 2019 Ford F-150 and Ram 1500?
When it comes to full-size pickup trucks, Ford’s F-150 is still the one to beat. But Ram has figured something out
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‘Headwinds’ swell Ensign Energy Q2 net loss, shares fall on revenue miss
Revenue growth came from its U.S. operations, while Canadian revenue showed steep declines attributed in part to Alberta government oil production curtailments
