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B.C. pipeline lawsuit dropped over worries costs would bankrupt non-profit group

B.C. pipeline lawsuit dropped over worries costs would bankrupt non-profit group

VANCOUVER — A non-profit group has abandoned a legal challenge of the Trans Mountain pipeline project in British Columbia, saying losing the case could bankrupt the organization.
Crown argues accused Tamil migrant smugglers driven by profit, not aid

Crown argues accused Tamil migrant smugglers driven by profit, not aid

VANCOUVER — Four men who orchestrated a dangerous voyage across the Pacific were out to make a profit, rather than mutually help dozens of Tamil asylum seekers, the Crown prosecutor told their B.C. Supreme Court trial.

Hydro One Q2 revenue, profit fall as milder weather cuts peak-price demand

TORONTO — Hydro One Ltd. (TSX:H) reported a lower second-quarter profit as revenue fell compared with a year ago, reflecting the impact of milder weather and a delay in a rate decision.

Cineplex reports $1.4-million Q2 profit, down from $7.2 million a year ago

TORONTO — Shares of Cineplex Inc. (TSX:CGX) fell Wednesday after the company reported a drop in second-quarter profit compared with a year ago as fewer people filled its theatres. The stock fell as low as $41.

Owner of PokerStars reports jump in Q2 profit, raises adjusted earnings estimate

TORONTO — The owner of PokerStars and other online gaming businesses is reporting a dramatic increase in profit for the second quarter and improved expectations for 2017 adjusted earnings as its evolution gains momentum. The former Amaya Inc.

BMO grows fourth-quarter profit 11 per cent, wraps solid year for banks

TORONTO — Bank of Montreal (TSX:BMO) reported Tuesday that its fourth-quarter profit grew 11 per cent to $1.35 billion, wrapping up a year that has seen Canada's biggest banks deliver solid results in spite of ongoing economic headwinds.
Former treasurer pleads guilty to defrauding thousands from not-for-profit

Former treasurer pleads guilty to defrauding thousands from not-for-profit

Morris Wapoose pleaded guilty to one count of fraud over $5,000 in Ontario Superior Court on Tuesday afternoon.

Maple Leaf Foods Q4 profit jumps to $76.2 million, dividend going up

MISSISSAUGA, Ont. — Maple Leaf Foods (TSX:MFI) said on Wednesday its net income more than doubled in the fourth quarter and that it will allow its largest shareholder hold a larger stake in the company.
Bank of Montreal reports higher Q3 profit, but keeps dividend unchanged

Bank of Montreal reports higher Q3 profit, but keeps dividend unchanged

TORONTO — Bank of Montreal is reporting nearly $1.4 billion of net income for its third quarter, an increase of 11 per cent from the same time last year. The profit amounted to $2.05 per common share (TSX:BMO), up from $1.

Metro Q2 profit beats estimates despite lower produce, meat, dairy prices

TORONTO — The chief executive of Metro Inc. says prices for produce, meat and dairy were lower in its most recent quarter, but the grocer still increased its profits and beat analyst estimates.
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