Ontario's Critical Housing Choice: Cut HST to Save Jobs
Ontario faces a stark housing crisis with sales plummeting. Cutting the provincial HST on new homes under $1M could save 100,000 jobs and protect billions in revenue. The time to act is now.
Category : Search result: revenue losses
Corus Q1 Loss Hits $11.1M, Revenue Down 18%
Canadian media giant Corus Entertainment posted an $11.1 million first-quarter loss as revenue fell 18%. The results highlight ongoing challenges in the broadcasting sector.
Maple Leaf Foods forecasts 2026 revenue growth, ups dividend
Maple Leaf Foods announces a mid-single-digit revenue growth target for 2026 and a dividend increase, signaling confidence in its strategic plan. Read the latest business update.
Algoma Steel expects Q4 losses of $95M-$105M
Algoma Steel forecasts significant fourth-quarter losses between $95 million and $105 million, citing the heavy impact of U.S. tariffs. Get the full details on the financial challenges facing this Northern Ontario manufacturer.
JPMorgan profit beats estimates despite Apple card hit
JPMorgan Chase reported stronger-than-expected Q4 2025 profits, driven by a trading boom, though results were weighed down by losses linked to its Apple Card partnership. Details inside.
Trump blanks on $2,000 check pledge, then revives promise
Donald Trump appeared to forget a vow for $2,000 checks from tariff revenue in a NYT interview. He later said payments could come 'toward the end of the year.'
Lululemon's holiday sales show rebound, shares rise
Lululemon Athletica's fourth-quarter sales are trending toward the high end of its forecast, signaling a rebound. Net revenue could reach US$3.585 billion. Read the latest on the yogawear giant's performance.
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.
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.
Insurers Taking Losses Due to Alberta Auto Rate Cap
A major credit agency warns Alberta needs a long-term auto insurance fix as insurers face losses from the rate cap, risking more departures. Read the latest.
$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.
Trump Tariffs Lead to 67,000 Manufacturing Job Losses
Analysis shows President Trump's 'Liberation Day' tariffs have cost 67,000 manufacturing jobs since April, contradicting his promises. Job growth lags far behind Biden's record.
Conestoga College lays off 200 staff before Christmas
Nearly 200 full-time employees at Conestoga College have been laid off just before the holidays, sparking criticism. Get the details on this major workforce reduction.
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.
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.
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.
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.
200 Conestoga College employees lose jobs before holidays
Conestoga College terminates almost 200 full-time positions just before the holiday break. Get the full details on this significant workforce reduction in Kitchener-Waterloo.
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?
Page 1 of 4