Canadian PM Trudeau not sorry for snapping at protester who insulted his wife

RICHMOND, BRITISH COLUMBIA (REUTERS) – Canadian Prime Minister Justin Trudeau, in an increasingly tight election race, on Tuesday (Sept 14) said he had no regrets over snapping at a protester who insulted his wife, Sophie Gregoire. Trudeau, who has been heckled repeatedly by people opposed to mandatory Covid-19 vaccinations, reacted

Canadian banks top profit estimates as lower provisions outweigh FX hit

(Reuters) – Three of Canada’s top lenders reported better-than-expected quarterly profits on Thursday, as signs of an economic recovery helped them reverse bad debt provisions and their capital markets and wealth management units boomed.FILE PHOTO: The Royal Bank of Canada (RBC) logo is seen outside of a branch in Ottawa,

Urban Outfitters Makes Comeback Across Portfolio

Urban Outfitters Inc. is making a comeback across all of its brands.  The retailer — which counts Urban Outfitters, the Anthropologie Group, Free People, Terrain and Bhldn among its brands, in addition to rental subscription service Nuuly and a food and beverage business under the greater company umbrella — revealed

Michael Kors, Versace Parent Company Loses $182 Million

Capri Holdings Ltd. continues to navigate the pandemic with mounting losses.  The fashion group — parent company to the Michael Kors, Versace and Jimmy Choo brands — revealed quarterly earnings Wednesday morning before the market opened, falling short on top-line revenues at the Michael Kors and Versace brands and posting

PM Lee speaks to Canadian counterpart Justin Trudeau

SINGAPORE – Prime Minister Lee Hsien Loong spoke on the phone with his Canadian counterpart, Mr Justin Trudeau, on Tuesday evening (May 11), with both men reaffirming the excellent state of relations between their countries. They also discussed growing economic ties between Singapore and Canada, noting that bilateral trade and investment

Canada's largest province declares emergency, puts in new Covid-19 curbs

ONTARIO (BLOOMBERG) – Ontario declared a state of emergency, forcing most retail stores to operate under new restrictions, and said it would change its vaccine strategy in its fight against a new and more dangerous wave of Covid-19. Canada’s largest province, home to more than 14.7 million people, issued a

Facebook exploring potential news licensing agreements in Canada: Source

VANCOUVER (REUTERS) – Facebook Inc is exploring potential licensing agreements in the coming year with Canadian media outlets and expanding its investment in local journalism initiatives, a source familiar with the company’s thinking said on Wednesday (Feb 24). The move comes as the Canadian government is preparing to introduce legislation

Store Closures May Have Cost TJX Roughly $1 Billion Last Quarter

TJX Companies continue to feel the effects of the coronavirus pandemic.  The off-price retailer, parent to the T.J. Maxx, Marshalls, Sierra, Homesense and HomeGoods brands, reported quarterly and full-year earnings Wednesday morning before the market opened, falling short on both top and bottom lines thanks to continued lockdowns and store

Canadian banks set for earnings decline but investors optimistic about recovery

TORONTO (Reuters) – Canadian banks are set to post their fourth straight year-on-year quarterly profit drop when they report results next week, the longest decline streak since the financial crisis, on margin compression and declining commercial lending, but flattening loan loss provisions signal a turning point, investors said.Slideshow ( 5

Canadian court refuses to relax bail terms for Huawei executive Meng Wanzhou

VANCOUVER (AFP) – A Canadian judge on Friday (Jan 29) rejected Huawei executive Meng Wanzhou’s request to relax her bail conditions as she fights against extradition to the US on fraud and conspiracy charges. British Columbia Supreme Court Justice William Ehrcke ruled that the Chinese businesswoman must remain under constant