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CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

CWB Financial Group Q1 profit down from year ago, provisions for credit losses up

EDMONTON — CWB Financial Group reported its first-quarter profit fell compared with a year ago as its provision for credit losses rose. The Edmonton-based bank says it earned common shareholders' net income of $87.
Ontario regulator launches consumer tool to verify financial adviser credentials

Ontario regulator launches consumer tool to verify financial adviser credentials

TORONTO — Ontario's financial services regulator is making it easier for consumers to verify the credentials of financial advisers and financial planners.
First US moon lander in half a century stops working a week after tipping over at touchdown

First US moon lander in half a century stops working a week after tipping over at touchdown

CAPE CANAVERAL, Fla. (AP) — The first U.S. spacecraft to land on the moon since the Apollo astronauts fell silent Thursday, a week after breaking a leg at touchdown and tipping over near the lunar south pole.
P.E.I. budget projects $85-million deficit, increase in health-care spending

P.E.I. budget projects $85-million deficit, increase in health-care spending

CHARLOTTETOWN — Prince Edward Island's Progressive Conservative government tabled a $3.2-billion budget Thursday with a projected deficit of $85 million.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (21,363.61, up 119.84 points): Algonquin Power & Utilities Corp. (TSX:AQN). Utilities. Up eight cents, or 1.02 per cent, to $7.
TSX gains more than 100 points, U.S. stock markets rise to new records

TSX gains more than 100 points, U.S. stock markets rise to new records

TORONTO — Canada's main stock index gained more than 100 points Thursday, boosted by gains in energy stocks, while U.S. markets also rose. The gains south of the border closed out February with more all-time highs for U.S.
Stock market today: S&P 500 and Nasdaq climb to record highs, led by more gains in tech companies

Stock market today: S&P 500 and Nasdaq climb to record highs, led by more gains in tech companies

NEW YORK (AP) — Wall Street closed out its fourth winning month in a row with more record highs. The S&P 500 rose 0.5% Thursday, beating the all-time high it set last week. The Nasdaq composite climbed 0.9%, besting its record set in 2021.
CIBC, TD cap round of earnings that largely beat subdued expectations

CIBC, TD cap round of earnings that largely beat subdued expectations

TORONTO — CIBC and TD Bank wrapped a round of quarterly bank results Thursday that, like the Canadian economy itself, largely beat what were fairly low expectations.
Lion Electric lays off 100 more workers after $100 million earnings loss

Lion Electric lays off 100 more workers after $100 million earnings loss

SAINT-JÉRÔME, Que. — The Lion Electric Co. says it is laying off 100 more employees or about seven per cent of its total workforce in a move to reduce costs.
WSP Global beats earnings expectations, forecasts more growth this year

WSP Global beats earnings expectations, forecasts more growth this year

MONTREAL — WSP Global beat earnings expectations last quarter, boosting profits by nearly nine per cent year-over-year and forecasting a similar jump in adjusted earnings for 2024. Organic growth at the engineering company drove $130.