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Long way home: Blamed for affordability crisis, Liberals look to pivot on housing

Long way home: Blamed for affordability crisis, Liberals look to pivot on housing

OTTAWA — Chris Burke and his fiancée have been less than a year away from buying their first home for the past three years. Saving for a down payment was the first challenge.
Suncor earns $1.88 billion in Q2; takes restructuring charge related to layoffs

Suncor earns $1.88 billion in Q2; takes restructuring charge related to layoffs

CALGARY — Suncor Energy Inc. says it earned $1.88 billion in the second quarter of 2023, down from approximately $4 billion in the same period last year when oil prices were higher.
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 (20,290.54, up 117.03): Suncor Energy Inc. (TSX:SU). Energy. Down 26 cents, or 0.61 per cent, to $42.40 on 19.6 million shares.
Boralex shares jump 6% after reporting Q2 profit up from year ago

Boralex shares jump 6% after reporting Q2 profit up from year ago

MONTREAL — Shares in Boralex Inc. rose more than six per cent Monday after the renewable power producer reported its second-quarter profit rose compared with a year ago.
Cargojet cutting costs as it reports Q2 profit and revenue down from year ago mark

Cargojet cutting costs as it reports Q2 profit and revenue down from year ago mark

Cargojet Inc.'s chief executive said Monday the air cargo company is cutting back on the "overspending" it incurred to meet a demand influx during the COVID-19 pandemic as it reported a decline in profit in its latest quarter.
S&P/TSX composite down more than 100 points, U.S. stock markets rise

S&P/TSX composite down more than 100 points, U.S. stock markets rise

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index closed down more than 100 points Monday on broad-based weakness, while U.S. stock markets rose after a day of mixed trading. The S&P/TSX composite index closed down 117.03 points at 20,290.54.
Survey shows employers, workers might be aligning on hybrid work

Survey shows employers, workers might be aligning on hybrid work

The new data from recruiting company Robert Half found that hybrid working arrangements were favoured by 54 per cent of hiring managers, compared with 49 per cent of professionals surveyed.
Recently shuffled federal cabinet to hold three-day retreat in Prince Edward Island

Recently shuffled federal cabinet to hold three-day retreat in Prince Edward Island

OTTAWA — Prime Minister Justin Trudeau says a three-day federal cabinet retreat that is set to take place in Prince Edward Island next week will focus on the economy and affordability issues.
Equinor hires drill rig to keep looking for oil off Newfoundland's east coast

Equinor hires drill rig to keep looking for oil off Newfoundland's east coast

ST. JOHN'S, N.L. — Norwegian energy giant Equinor has hired a drilling rig to look for more oil off the coast of Newfoundland.
Rogers Sugar to spend $200 million to grow production capacity in Montreal

Rogers Sugar to spend $200 million to grow production capacity in Montreal

MONTREAL — Rogers Sugar Inc. has announced plans to spend $200 million to grow its production capacity at its plant in Montreal to help meet increased demand in Eastern sa¹ú¼Ê´«Ã½.