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Bombardier says 2022 revenue hit US$6.9B, cash flow US$735M in preliminary results

Bombardier says 2022 revenue hit US$6.9B, cash flow US$735M in preliminary results

MONTREAL — Bombardier is set to beat its own financial results expectations for 2022, the company said Tuesday as it released preliminary results.
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Despite inflation slowing in December, Bank of Canada still expected to hike rates

Despite inflation slowing in December, Bank of Canada still expected to hike rates

OTTAWA — Canada's annual inflation rate slowed last month but economists are still expecting the Bank of Canada to hike its key interest rate next week.
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At Davos, Ukraine's first lady urges support for her nation

At Davos, Ukraine's first lady urges support for her nation

DAVOS, Switzerland (AP) — Ukraine’s first lady on Tuesday pressed world leaders and corporate executives at the World Economic Forum’s annual gathering to do more to help her country at a time when Russia's invasion is leaving children dying and the
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E-commerce company Lightspeed cutting about 300 jobs

E-commerce company Lightspeed cutting about 300 jobs

Lightspeed Commerce Inc. is cutting about 300 jobs as part of a reorganization meant to unify a slew of companies it bought in recent years.
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Barrick reports 2022 gold production below its guidance for the year

Barrick reports 2022 gold production below its guidance for the year

TORONTO — Barrick Gold Corp. says its gold production for 2022 came in below its guidance for the year. The company says it produced 4.14 million ounces of gold based on preliminary figures for the year compared with earlier guidance for 4.
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Experts weigh in on whether younger generations need life insurance

Experts weigh in on whether younger generations need life insurance

Life insurance may not be top of mind for many young Canadians, but experts say age shouldn't be the deciding factor in getting such coverage. According to insurance tech company Zelros, younger people across Canada, the U.S.
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CMHC reports annual pace of housing starts slowed in December

CMHC reports annual pace of housing starts slowed in December

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in December slowed five per cent compared with November.
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Here's a list of December inflation rates for selected Canadian cities

Here's a list of December inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 6.3 per cent in December, Statistics Canada says.
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Here's a list December inflation rates for Canadian provinces

Here's a list December inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 6.3 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 5.7 per cent (6.7) — Prince Edward Island: 7.
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Cargojet and Canada Post extend services agreement to 2029

Cargojet and Canada Post extend services agreement to 2029

MISSISSAUGA, Ont. — Cargojet Inc. says it has extended its master services agreement with Canada Post Corp. and Purolator Inc. until Sept. 30, 2029.
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