Category : Search result: revenue losses

Petitcodiac Auto Parts Store Hit by Break-In, Losses Up to $20,000

N.B. Auto Parts Store Loses $20K in Break-In

Napa Auto Parts in Petitcodiac, N.B., was burglarized on Nov. 20, 2025, suffering significant losses. Police are investigating the incident that highlights local business security concerns.

B.C. Flood Losses: Insured Damage Total Still Weeks Away, Says Insurance Bureau

B.C. flood insured loss tally still weeks away

The Insurance Bureau of Canada states it will take weeks to calculate total insured losses from the devastating B.C. floods. Get the latest details on the recovery and financial impact.

Ottawa to Transfer $900M Pension Surplus, Sparking Union Ire

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.

Accenture Surpasses Q1 Revenue Forecasts on Strong AI Services Demand

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 Considers Parking Fees at City Attractions to Offset Tax Burden

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?

U.S. Unemployment Rate Climbs to 4.6%, Highest Level Since 2021

U.S. Jobless Rate Hits 4.6%, a Four-Year High

The U.S. unemployment rate rose to 4.6% in November, its highest point since September 2021, as job growth slows and manufacturing sheds positions. Key officials debate the causes.

Pfizer's 2026 Profit Forecast Falls Short Amid Declining COVID Product Sales

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.

TD, BMO, CIBC Beat Q4 Estimates as Capital Markets Drive Profits

Major Canadian Banks Beat Q4 Earnings Expectations

TD, BMO, and CIBC surpassed analyst forecasts in Q4, driven by capital markets and wealth management. Despite economic uncertainty, credit loss provisions remained manageable. Get the full analysis.

CRA Flags Aggressive Tax Schemes Targeting Canadians in New Warning

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 Loses $200 Million During Record U.S. Shutdown

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.

350 Vancouver Island Mill Jobs Lost as Domtar Crofton Pulp Mill Closes Before Christmas

Domtar Crofton pulp mill closure cuts 350 jobs

Domtar is permanently closing its Crofton pulp mill, eliminating 350 jobs weeks before Christmas. The closure, blamed on lack of affordable wood, deals a devastating blow to B.C.'s forestry sector.

B.C. Pulp Mill Closure to Leave 350 Workers Jobless, Company Confirms

B.C. pulp mill closure leaves 350 out of work

A British Columbia pulp mill is shutting down, resulting in 350 job losses. The closure highlights ongoing challenges in Canada's forestry and manufacturing sectors.

Algoma Steel Issues 1,000 Layoff Notices in Northern Ontario

Algoma Steel to Lay Off 1,000 Workers

Algoma Steel announces 1,000 layoffs in Sault Ste. Marie, citing difficult market conditions and trade pressures. Read about the impact and federal support.

Amherstburg Diageo Workers Ratify Closure Deal, 160+ Jobs End in February

Diageo Workers Ratify Plant Closure Deal in Amherstburg

Workers at the Diageo bottling plant in Amherstburg have ratified a closure agreement after the company decided to move operations to the U.S. The deal includes severance and support, but union calls it a 'hard pill to swallow.'

Economist Slams Trump's Economic Boasts as 'Nonsense'

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.

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