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'No profit right now': Trucking industry facing leaner times as consumer demand drops

'No profit right now': Trucking industry facing leaner times as consumer demand drops

MONTREAL — For Jas Singh, the road to profit just keeps getting narrower. “It’s slow right now, not too many loads," said the owner of JK Transport, a Brampton-based trucking company Singh launched 15 years ago.
Crescent Point Energy signs deal to sell assets in North Dakota for $675M in cash

Crescent Point Energy signs deal to sell assets in North Dakota for $675M in cash

CALGARY — Crescent Point Energy Corp. has signed a deal to sell its North Dakota assets to a private operator for about $675 million in cash.
Starbucks' Pumpkin Spice Latte turns 20, whether you like it or not

Starbucks' Pumpkin Spice Latte turns 20, whether you like it or not

The seasonal drink that made pumpkin spice a star is turning 20. And unlike the autumn days it celebrates, there seems to be no chill in customer demand. Starbucks’ Pumpkin Spice Latte goes on sale Thursday in the U.S.
Quebec company buys private island with chalet to boost employee happiness

Quebec company buys private island with chalet to boost employee happiness

LAVAL, Que. — A Montreal-area company has come up with a novel — if extreme — way to boost employee happiness: buying them a private island.
TC Energy seeks approval for potential minority interest sale of NGTL system

TC Energy seeks approval for potential minority interest sale of NGTL system

CALGARY — TC Energy Corp. has applied for regulatory approval for a potential minority interest sale of its Nova Gas Transmission Ltd. (NGTL) system, one that could include possible participation from Indigenous groups.
Sandwich chain Subway will be sold to fast-food investor Roark Capital

Sandwich chain Subway will be sold to fast-food investor Roark Capital

Subway said Thursday it will be sold to Roark Capital, a private equity firm with expertise in restaurant management that could help the sandwich chain expand and improve its stores. Terms of the deal weren’t disclosed.
RBC reports $3.9Bn profit, says ramping up job cuts ahead of economic slowdown

RBC reports $3.9Bn profit, says ramping up job cuts ahead of economic slowdown

TORONTO — Royal Bank of sa¹ú¼Ê´«Ã½ is ramping up job cuts as it works to reduce costs ahead of an expected economic slowdown.
Nova Scotia floods caused $170M in insured damages, estimate shows

Nova Scotia floods caused $170M in insured damages, estimate shows

Historic flooding in Nova Scotia last month caused more than $170 million in insured damages, an initial estimate from Catastrophe Indices and Quantification Inc. shows.
'Cash stuffing' offers path to savings with fresh take on an old budgeting trick

'Cash stuffing' offers path to savings with fresh take on an old budgeting trick

TORONTO — Savannah Dasilva was searching for a budgeting method she could stick to for years to come. The Toronto student dabbled with Excel spreadsheets, but they got confusing fast, and budgeting apps, which never seemed to do the trick.
Turkey’s central bank raises interest rates again in another sign of normalizing economic policy

Turkey’s central bank raises interest rates again in another sign of normalizing economic policy

ANKARA, Turkey (AP) — Turkey’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, in a new sign of a return to more traditional economic policies under President Recep Tayyip Erdogan.