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Lightspeed net loss increases despite 51 per cent Q2 surge in revenues

Lightspeed net loss increases despite 51 per cent Q2 surge in revenues

MONTREAL — Lightspeed POS Inc. says its net loss increased in its second quarter despite a 51 per cent increase in revenue. The Montreal-based payment software company, which reports in U.S. dollars, says it lost US$10.
CMHC says housing market stabilizing, moderate vulnerability remains

CMHC says housing market stabilizing, moderate vulnerability remains

OTTAWA — Canada's federal housing agency says the residential market showed a moderate degree of vulnerability in its latest quarterly report but that imbalances continue to narrow.
Bruce Linton named executive chairman at U.S. cannabis firm Vireo

Bruce Linton named executive chairman at U.S. cannabis firm Vireo

MINNEAPOLIS — Canopy Growth Corp. founder Bruce Linton has been named executive chairman of U.S. cannabis company Vireo Health International Inc.
Early Gen-Xers are coming of age to begin collecting seniors discounts

Early Gen-Xers are coming of age to begin collecting seniors discounts

TORONTO — Early Gen-Xers may find it uncomfortable to admit, but they have joined their parents in being old enough to claim senior discounts. The eldest members of the cohort born between 1965 and 1979 can save money by targeting their spending.
Hydro One reports third-quarter profit rose to $241M, revenue edges lower

Hydro One reports third-quarter profit rose to $241M, revenue edges lower

TORONTO — Hydro One Ltd. reported that its third-quarter profit rose compared with a year ago, helped by lower costs, partially offset by lower revenue due to less favourable weather.

Canadian Natural Resources reports $1.03B Q3 profit, tops expectations

CALGARY — Canadian Natural Resources Ltd. says it earned $1.03 billion in its latest quarter, down from $1.80 billion in the same quarter last year. The company says the profit amounted to 87 cents per diluted share for the quarter ended Sept.
Quebecor reports Q3 profit down from year ago, revenue creeps higher

Quebecor reports Q3 profit down from year ago, revenue creeps higher

MONTREAL — Quebecor Inc. reported its third-quarter profit fell compared with a year ago as its revenue edged higher. The telecommunications and media company says it earned a profit attributable to shareholders of $178.
Manulife beats expectations as core Q3 profit flat but net income plunges

Manulife beats expectations as core Q3 profit flat but net income plunges

TORONTO — Manulife Financial Corp. beat expectations as its core net income were flat in the third quarter even though its net profit plunged by more than half to $723 million due to actuarial accounting assumptions.

Ontario to allow cannabis retailers to sell online and over the phone

TORONTO — Cannabis retailers will soon be able to sell products online or over the phone for in-store pick-up as the Ontario government adopts a "click-and-connect" sales model to expand access to legal marijuana.
Sun Life boosts dividend as Q3 profit surges 20 per cent to $681 million

Sun Life boosts dividend as Q3 profit surges 20 per cent to $681 million

TORONTO — Sun Life Financial boosted its quarterly dividend five per cent after reporting that its net income surged 20 per cent to $681 million in its third-quarter. The Toronto-based insurer says it will increase the payout by 2.
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