Montreal budget lowers debt burden ahead of schedule
Mayor Soraya Martinez Ferrada's $7.67B 2026 budget prioritizes debt repayment, aiming to hit a key financial ratio one year earlier than planned. Learn about Montreal's fiscal strategy.
Category : Search result: holidayquarter revenue
Birkenstock revenue below expectations due to tariffs
Birkenstock reports preliminary Q1 revenue below Wall Street forecasts, citing tariff pressures. Get the latest business news and analysis from Canada.
Lululemon sees holiday-quarter results at high end of forecast
Lululemon Athletica anticipates Q4 revenue and profit to hit the top of its forecast range, driven by robust holiday demand. Get the latest business update.
$1.8B in Unclaimed CRA Cheques: How to Check
The Canada Revenue Agency is holding $1.75 billion in unclaimed cheques, some dating back decades. Learn how to check if the government owes you money and how to claim it.
Embrun hairstylist told to repay $17K in COVID benefits
An Embrun hairstylist faces a $17,000 repayment demand for pandemic relief funds. Dawn Barton shares her story amid ongoing CRA reviews of COVID-19 support programs.
Aritzia Reports Record $1.04 Billion Revenue in Q3
Vancouver's Aritzia Inc. achieves record Q3 revenue of $1.04 billion, a 43% year-over-year surge, driven by strong U.S. growth and digital initiatives. Read the full analysis.
Aritzia Q3 profit jumps to $138.9M on strong U.S. sales
Canadian fashion retailer Aritzia reports a significant rise in third-quarter profit, reaching $138.9 million. The surge is attributed to robust revenue growth in its U.S. business. Read the full financial breakdown.
CRA to pay $9,500 after judge rules tax decision unreasonable
A Federal Court judge has ordered the CRA to pay nearly $10,000 in legal costs after ruling its refusal to refund a Toronto firm over $879,000 was unreasonable. The case stemmed from a contentious phone call.
N.B. man disputes CRA order to repay COVID benefits
A New Brunswick resident is challenging the Canada Revenue Agency's claim that he must repay thousands in pandemic support. Get the details on the dispute and what it means for benefit recipients.
Court Orders Shopify to Retain Data for CRA Case
A federal appeal court has mandated Shopify Inc. to preserve specific data related to a Canada Revenue Agency investigation. This ruling impacts the Ottawa-based e-commerce giant's data retention policies.
CRA owed $10B+ in unpaid COVID benefits
The Canada Revenue Agency reports it is owed more than $10 billion in COVID-19 benefit overpayments. Learn about the agency's efforts to recover funds and what it means for Canadians.
Mobile Game Revenue Soars 2.2x with DTC Payment Shift
Yodo1's partnership with Neon for Transformers: Earth Wars shifted player spending, cutting platform fees and boosting webshop revenue share to 57%. Discover the strategy behind the growth.
Manitoba donates $2.6M to charities from U.S. liquor sales
The Manitoba government is distributing $2.6 million to local charities, funds generated from liquor sales to U.S. buyers. Learn how this cross-border initiative supports community programs.
Feds move $900M pension surplus, total hits $2.8B
The federal government is moving another $900 million surplus from the public service pension fund to a central account, bringing the total to $2.8 billion. Public sector unions are alarmed. Read more.
2026 Canadian Tax Changes: What You Need to Know
Inflation-indexed adjustments to income tax brackets and benefits in 2026 could mean more take-home pay for many Canadians. Learn about the new rates and credits.
Accenture Beats Q1 Revenue Estimates on AI Demand
Accenture exceeded Wall Street's first-quarter revenue expectations, driven by robust demand for its AI-powered IT services. The company is advancing its strategy to capture greater market share.
Edmonton may charge for parking at city attractions
Edmonton councillor proposes study on implementing parking fees at city-owned attractions like the zoo and science centre to recover costs and reduce property tax pressure. Could this be a new reality for a growing city?
Federal government hints at resolving N.B. tax revenue fight
Internal Trade Minister Dominic LeBlanc suggests a resolution is near in the long-standing tax revenue dispute between Ottawa and New Brunswick's Holt government. Read the latest developments.
Pfizer 2026 profit forecast below expectations
Pfizer projects 2026 profits below Wall Street estimates due to a steep drop in COVID product sales and loss of exclusivity for key drugs. Get the full business analysis.
CRA stops mailing paper tax forms automatically for 2025
The Canada Revenue Agency will no longer mail paper tax packages automatically to Canadians who filed on paper last year. Here's what you need to know and how to get your forms for the 2025 tax season.
Hastings Racecourse Sudden Closure Shocks Vancouver
Hastings Racecourse, BC's last thoroughbred track, shuts down immediately after 135 years. Over 100 workers face uncertainty as the province pulls casino revenue. Read the full story.
Hastings Racecourse in Vancouver Closes After 130 Years
Vancouver's historic Hastings Racecourse, B.C.'s last horse track, shuts down immediately after 130+ years. The sudden closure follows the province cutting slot machine revenue. Read the full story.
CRA warns of critical illness insurance tax schemes
The Canada Revenue Agency warns Canadians about aggressive tax schemes using critical illness insurance. Participants face penalties, fines, and jail time. Learn how to protect yourself.
Hewlett Packard forecasts weak revenue, shares fall
Hewlett Packard Enterprise projects Q1 revenue below estimates, citing cautious corporate spending. Shares fell 5% in after-hours trading. Read the full analysis.
NASCAR President: France Family Opposed Revenue Model
NASCAR President Steve Phelps testified that the France family, controlling owners, opposed a new revenue model. The testimony came in a Charlotte court on December 1, 2025.
CRA warns of aggressive tax schemes in Canada
The Canada Revenue Agency has issued a public alert about aggressive tax avoidance schemes operating in the country. Learn what to watch for and how to protect yourself.
Delta Air Lines lost $200M in U.S. shutdown
The longest U.S. government shutdown cost Delta Air Lines an estimated $200 million in revenue. The airline cites reduced travel demand from federal employees and contractors.
Canada Revenue Agency projects 2026 tax rates
The Canada Revenue Agency has released its projected federal income tax brackets and rates for 2026. See how inflation adjustments will impact your tax bill.
Economist Calls Trump's Economic Claims 'Nonsense'
University of Michigan economist Justin Wolfers dismantles Donald Trump's recent economic boasts, calling them misleading and highlighting weak consumer confidence. Read the full analysis.
World's Top Arms Producers See Revenue Soar to Record High
New report reveals global arms industry revenue surged 5.9% to unprecedented levels in 2024. Discover which companies drove this growth and what it means for international security.
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