3 d. ago Groupe Dynamite shares jump as retailer boosts sales forecast

Groupe Dynamite Inc.’s shares jumped by about 16 per cent on Wednesday as the market responded to the retailer posting a jump in second-quarter profit and hiking its full-year sales forecast. The company reported net income of $63.9 million for the quarter, up from $40.4 million a year earlier, which came as the Montreal-based business […]

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9 d. ago RBC Hires Citi’s Ruffini in London Amid Global Fight for Bankers

Royal Bank of Canada hired Ron Ruffini from Citigroup Inc. as a managing director at the company’s London office, part of a broader push by global firms to snap up bankers and traders.

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2 w. ago BRP reports higher Q2 profit, issues guidance despite trade uncertainty

VALCOURT — BRP Inc. says it delivered better than anticipated results despite the economic environment, leaving it confident enough to issue full-year guidance. The Ski-Doo and Sea-Doo maker says its second-quarter profit amounted to $57.1 million or 79 cents per diluted share for the quarter ended July 31. The result compared with a profit of […]

Economics

2 w. ago TIFF tickets are being resold for outrageous prices and Toronto fans are fed up

Toronto International Film Festival (TIFF), the city's biggest film event of the year, is almost here, but instead of celebrating world premieres and celebrity sightings — as well as the beloved concessions treats — many locals are once again fuming over how impossible it's becoming to get tickets at a reasonable price.The 2025 edition of TIFF, running from September 4 to 14, is once again being hindered by scalpers, as tickets scooped up en masse by resellers are being sold for exponentially high prices online.On Reddit, longtime festivalgoers say the scalping frenzy is ruining TIFF for regular people.One frustrated commenter wrote, "Resale tickets add no value to the festival. Only making it more inaccessible." While another chimed in, "I've had to resell some of my tickets … only for face value. Anyone else who looks to make a profit is a douchebag."But profit is exactly what resellers are after. Users reported spo...

Economics

2 w. ago TD Bank reports $3.3B profit in third quarter as revenue rises

TORONTO — TD Bank Group reported a third-quarter profit of $3.34 billion, compared with a loss of $181 million in the same quarter last year. The bank says the profit amounted to $1.89 per diluted share for the quarter ending July 31, compared with a loss of 14 cents per diluted share a year earlier. […]

Economics

2 w. ago Perseus Mining Delivers Record Financial Results and Capital Returns

Perth, Aug. 28, 2025 (GLOBE NEWSWIRE) — PERSEUS DELIVERS RECORD FINANCIAL RESULTS & CAPITAL RETURNS Perth, Western Australia/August 28, 2025/African focused gold producer Perseus Mining Limited (ASX/TSX: PRU), has released its Annual Report for the financial year ending 30 June 2025 (FY25), including both its Annual Financial Report and Sustainability Report. highlights1 financial performance Profit […]

Economics

2 w. ago Royal Bank maintaining ‘prudent posture’ amid trade uncertainty, economic resilience

The chief risk officer at Royal Bank of Canada says the money it sets aside for potential loan losses is expected to remain elevated for the next few quarters as trade tensions persist, though the economy is showing signs of resilience. “In the ongoing uncertainty this quarter, we have maintained our prudent posture and retained […]

Economics

2 w. ago Royal Bank reports Q3 profit rose to $5.4 billion, revenue also up

TORONTO — Royal Bank of Canada reported a third-quarter profit of $5.4 billion, up from $4.5 billion in the same quarter last year. The bank says the profit amounted to $3.75 per diluted share for the quarter that ended July 31, up from a profit of $3.09 per diluted share a year earlier. Revenue totalled […]

Economics

2 w. ago RBC Beats Earnings Estimates on Growth Across Its Biggest Units

Royal Bank of Canada beat estimates on strong performance across its biggest businesses and as the firm set aside less money than expected to cover possible loan losses, a rebound from notable misses on credit earlier this year.

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3 w. ago Gulf & Pacific Equities Corp. reports on Second Quarter Results with Revenue of $1,124,742 And welcomes La Vie en Rose to Tri

Toronto, Aug. 22, 2025 (GLOBE NEWSWIRE) — Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centers in Western Canada, reports a 1.7% decrease in revenues to $1,124,742 in the quarter ended June 30, 2025, from $1,143,880 at the same period last year. Details […]

Economics

3 w. ago Walmart reports rare profit miss, blames higher insurance claims

Adjusted earnings per share came in at 68 cents U.S. for the second quarter

Economics

3 w. ago Canada isn’t in a housing slump — Ontario is, RBC analysis shows

Ontario’s lag in housing construction was at 'the root of the housing crisis' in Canada, new analysis by the Royal Bank of Canada shows.

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