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Hydro One reports Q4 profit down from year ago as it faced COVID-19 related costs

Hydro One reports Q4 profit down from year ago as it faced COVID-19 related costs

TORONTO — Hydro One Ltd. reported its fourth-quarter profit fell compared with a year earlier as the power utility faced higher costs related to the pandemic.
Higher oil prices boosting Alberta's bottom line as budget looms Thursday: Kenney

Higher oil prices boosting Alberta's bottom line as budget looms Thursday: Kenney

EDMONTON — Premier Jason Kenney says a recent bump in energy prices in the third quarter of the current budget is helping the bottom line as his government prepares to introduce its 2021-22 budget.
Top board leaders resign after deadly Texas power outages

Top board leaders resign after deadly Texas power outages

AUSTIN, Texas — Top board leaders of Texas’ embattled power grid operator said Tuesday they will resign following outrage over more than 4 million customers losing electricity last week during a deadly winter storm, including many whose frigid homes
Trican Well Service reports lower Q4 revenue as oilfield slump drags on

Trican Well Service reports lower Q4 revenue as oilfield slump drags on

CALGARY — Trican Well Service Ltd. says an ongoing slump in Canadian oilfield activity linked to the COVID-19 pandemic resulted in lower revenue in the fourth quarter.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,330.09, down 86.65 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 18 cents, or 0.73 per cent, to $24.44 on 18.
Technology dropoff pushes TSX lower despite financials gains on strong bank results

Technology dropoff pushes TSX lower despite financials gains on strong bank results

TORONTO — A falling technology sector pushed Canada's main stock index lower to offset strong bank results that lifted the heavyweight financials. "It's certainly a trend now after we had a really, really nice run up since November.
Estee Lauder to buy Canadian skincare company Deciem at US$2.2-billion valuation

Estee Lauder to buy Canadian skincare company Deciem at US$2.2-billion valuation

The Estee Lauder Cos Inc. has struck a deal to buy Canadian skincare company Deciem Beauty Group Inc. at a valuation of US$2.
Industry pleased as B.C. permanently allows restaurants to buy wholesale liquor

Industry pleased as B.C. permanently allows restaurants to buy wholesale liquor

VANCOUVER — British Columbia will permanently allow restaurants, bars and tourism operators to buy liquor at wholesale prices, a move that industry hopes will help revive the struggling sector.
Bank of Canada monitoring hot housing market amid early warning signs: Macklem

Bank of Canada monitoring hot housing market amid early warning signs: Macklem

OTTAWA — Bank of Canada governor Tiff Macklem says the central bank is seeing early signs that people may be purchasing homes solely because they believe prices may go up.
Investors cheer as BMO, Scotiabank profits show gains from pre-pandemic levels

Investors cheer as BMO, Scotiabank profits show gains from pre-pandemic levels

TORONTO — RBC and National Bank of Canada will have tough acts to follow when they report financial results on Wednesday, one day after BMO and Scotiabank said on that their businesses were better off than before the COVID-19 pandemic.
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