Tim Hortons Endures A Tough Quarter, But Shows Signs Of A Rebound

in #moneylast month

Saskatchewan has right model for orphan well remediation: CNRL: Geoffrey Morgan


Alberta should follow Saskatchewan’s example in its approach to distributing funds for cleaning up old oil and gas wells, the head of Canada’s largest oil and gas producing company said Thursday.

“I think what Saskatchewan did better than some of …

This millennial tech worker is meticulous about saving, but his investment gameplan needs work: Victor Ferreira


It’s atypical for someone his age, but this 27-year-old tech support worker we’ll call Duke is confident he doesn’t need financial advice when it comes to spending or budgeting.

Duke, who earns $66,000 per year in Toronto, has been meticulously la…

Tim Hortons endures a tough quarter, but shows signs of a rebound: Financial Post Staff


Tim Hortons sales in Canada dropped by US$542 million during the darkest months of the pandemic, the coffee-and-doughnut chain’s parent company reported in an earnings update on Thursday.

Tim Hortons system-wide sales growth around the world was d…

Posthaste: The mysterious case of the falling dollar — and what it means to the world: Pamela Heaven


Good Morning!

Call it a summer mystery.

In July the U.S. dollar, aka greenback, fell by about 5%, the biggest monthly drop in more than a decade. (Last night, the dollar fell to a two-year low of 92.495, then eased up to 92.821.)

Home Capital profit rises, but loan-loss provisions remain high: Geoff Zochodne


Home Capital Group Inc. profit rose in the second quarter, but the alternative mortgage lender still had to set aside more money for possible loan losses than last year because of the coronavirus pandemic.

Toronto-based Home Capital reported on Th…

BCE profit plunges 64% on COVID-19 economic turmoil and lower TV revenue: James McLeod


BCE Inc. reported a 64 per cent year-over-year drop in profits and a 9.1 per cent drop in revenue for the second quarter of 2020 as the COVID-19 pandemic battered the Canadian economy.

The pain was felt across all segments of the Bell Canada empir…

Manulife posts steadfast Asian results, backed by continued strength from U.S. unit: Bloomberg News


Manulife Financial Corp.’s Asian business — once the biggest earnings contributor for the Canadian life insurer — is showing resilience in the face of added challenges in the region.

The Covid-19 pandemic, social unrest in Hong Kong and new rules …

Insolvency filings fall at record pace as consumers, businesses cling to government support: Vanmala Subramaniam


Fewer Canadian consumers and businesses filed for insolvency at the height of the pandemic-induced economic shutdown compared to both the first three months of 2020 and the same period a year ago, according to Office of the Superintendent of Bankruptcy (OSB) …

Howard Levitt: Trudeau was asked the wrong questions at his testimony. Here's what I would asked the Prime Minister: Howard Levitt


There is a commonly held belief that one must never, in cross-examination, ask a question one does not already know the answer to.

That commonplace wisdom is misplaced.

You can also ask questions when you don’t care what the answer is …

Howard Levitt: Trudeau was asked the wrong questions at his testimony. Here's what I would asked the Prime Minister: Howard Levitt


There is a commonly held belief that one must never, in cross-examination, ask a question one does not already know the answer to.

That commonplace wisdom is misplaced.

You can also ask questions when you don’t care what the answer is …

Firm that bought MintChip technology now seeking Canadian banking licence: Geoff Zochodne


A Toronto-based payments company that bought the Royal Canadian Mint’s digital-cash platform and that is backed by a former economic adviser to U.S. President Donald Trump is now interested in acquiring a banking licence.

Recent notices in the Can…

Bytes over bits: How the drilling industry is turning to algos, automation and software to cut costs: Geoffrey Morgan


Kevin Neveu has seen his share of oil booms and busts over his near-40-year career in the oilfield services sector, and finds himself navigating yet another bust cycle in an ever-shrinking sector. But this time, as he fight to win contracts in a tough market,…

COVID-19 is forcing people to take stock of their lives — and their financial goals are changing in the process: Ted Rechtshaffen


I recently turned 50. It may not be as big a year as 60 for financial planning, but like all milestone birthdays, it does make you stop and think about the life that got you here, and the life ahead.

What, if any, changes do you want to make? What…

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SpaceX Deserves to Be Celebrated - Canada.com:


By The Editors(Bloomberg Opinion) — Elon Musk was entitled to be elated when he welcomed two NASA astronauts back to earth on Sunday. His company, SpaceX, had blasted them into space and…

Next Premier of Newfoundland and Labrador aims to pull province off ‘well-worn path of boom and bust’: Geoffrey Morgan


Andrew Furey will be the next Premier of Newfoundland and Labrador after a seven-month-long leadership contest following the unexpected announcement the province’s sitting premier would not seek re-election.

“I’m calling on the opposition parties …

Tech titans in the hot seat as tactics likened to railway cartels of old: Barbara Shecter


As the CEOs of the largest and most ubiquitous technology companies in United States faced an hours-long grilling before the House Judiciary Committee’s anti-trust sub-committee last week, one of their interrogators looked back more than a century for a compa…

The most effective strategy to turn your passion into a full-time career: StackCommerce


This article was created by StackCommerce. While Postmedia may collect a commission on sales through the links on this page, we are not being paid by the brands mentioned.

With the world thrown upside down this year, many people still struggle to …

HyperX Releases Cloud Core Gaming Headset with 7.1 Surround Sound - The Kingston Whig-Standard:


Signature HyperX Cloud Comfort with 7.1 Surround Sound for PC and PS4 GamersFOUNTAIN VALLEY, Calif. — HyperX, the gaming division of Kingston Technology Company, Inc., today announced the rel…

HyperX Releases Cloud Core Gaming Headset with 7.1 Surround Sound - Financial Post: Business Wire


HyperX Releases Cloud Core Gaming Headset with 7.1 Surround Sound Financial Post

The seven skills you need to successfully work remotely—and how to master them - The Kingston Whig-Standard:


This article was created by StackCommerce. While Postmedia may collect a commission on sales through the links on this page, we are not being paid by the brands mentioned.The coronavirus has spurre…


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