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Sobeys parent company's profit falls by more than half in second quarter

TORONTO — The owner of the Sobeys grocery business has hired consultants to recommend cost cuts across the company, which has struggled to remain profitable since its 2013 acquisition of Safeway's stores in Western Canada.

BlackBerry shares fall despite Q1 profit; revenue lower than analysts expected

WATERLOO, Ont. — BlackBerry CEO John Chen defended his plan to grow the software business as its shares tumbled Friday after reporting revenue that fell short of expectations.
VIDEO: Ontario Health Coalition slams province over 'for profit' LTC homes

VIDEO: Ontario Health Coalition slams province over 'for profit' LTC homes

RBC grows first-quarter profit by 24 per cent to $3.03 billion, revenue up

TORONTO — Royal Bank of Canada, the country's largest lender, reported stronger-than-expected first-quarter results Friday on the back of solid earnings from its Canadian banking, wealth management and capital markets businesses.
VIDEO: Local non-profit receives funding for mobile app

VIDEO: Local non-profit receives funding for mobile app

VIDEO: Juno Award winner supports local non-profit fundraiser

VIDEO: Juno Award winner supports local non-profit fundraiser

VIDEO: Local non-profit Shkoday adds to program for Indigenous children and Youth

VIDEO: Local non-profit Shkoday adds to program for Indigenous children and Youth

Scotiabank Q1 profit rises 10% to $2.01 billion of net income, raising dividend

TORONTO — Scotiabank had $2.01 billion of net income during the first quarter, up 10 per cent from the same period last year on strong results from its Canadian and international banking operations. The earnings amounted to $1.

Cineplex offsets weak attendance, manages to deliver higher Q1 revenue, profit

TORONTO — Canada's largest movie theatre chain touted the success of its diversification into esports and other businesses as it reported an increase in profits despite a decline in theatre attendance and box office sales. Cineplex Inc.

Scotiabank Q4 profit up 9% to $2.01 billion, provisions for credit losses flat

TORONTO — Scotiabank (TSX:BNS) is reporting a nine per cent increase in fourth-quarter net income, compared with the same time last year, with a slight decline in provisions for credit losses and strong operating performance in its main busines
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