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Aritzia CEO Brian Hill stepping down after leading retailer for 38 years

Aritzia CEO Brian Hill stepping down after leading retailer for 38 years

VANCOUVER — Aritzia Inc. says founder and chief executive Brian Hill is stepping down from the role after leading the clothing retailer for 38 years.
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Martinrea first-quarter profit falls 35 per cent despite higher revenues

Martinrea first-quarter profit falls 35 per cent despite higher revenues

TORONTO — Martinrea International Inc. beat expectations even though its net profit plunged 35 per cent in the first quarter as it continued to face cost inflation, new product launches and production disruptions.
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Pembina raises 2022 guidance after posting record first-quarter results

Pembina raises 2022 guidance after posting record first-quarter results

CALGARY — Pembina Pipeline Corp. is raising its 2022 guidance after posting record quarterly results due to higher natural gas and crude oil prices.
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FDA restricts J&J's COVID-19 vaccine due to blood clot risk

FDA restricts J&J's COVID-19 vaccine due to blood clot risk

WASHINGTON (AP) — U.S. regulators on Thursday strictly limited who can receive Johnson & Johnson’s COVID-19 vaccine due to the ongoing risk of rare but serious blood clots.
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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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,696.17, down 488.78 points.) Enbridge Inc. (TSX:ENB). Energy. Down 30 cents, or 0.5 per cent, to $57.23 on 17.8 million shares.
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Supply chain woes and Omicron absences continue to gnaw at SNC-Lavalin earnings

Supply chain woes and Omicron absences continue to gnaw at SNC-Lavalin earnings

MONTREAL — SNC-Lavalin Group Inc. earnings sagged last quarter, falling below expectations due to thin margins in its flagship engineering division as the company struggles to plug the cash drain of fixed-price construction contracts.
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S&P/TSX composite suffers worst day since November as investors weigh higher rates

S&P/TSX composite suffers worst day since November as investors weigh higher rates

TORONTO — Canada's main stock index suffered its worst day in more than five months as investors appeared to put aside dovish Federal Reserve comments a day earlier to instead focus on the magnitude of interest rates to come.
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Recipe Unlimited expects full restaurants on Mother's Day as pandemic rules ease

Recipe Unlimited expects full restaurants on Mother's Day as pandemic rules ease

After two years of dining room closures, the parent company behind restaurants like Swiss Chalet, The Keg and Montana's is preparing for one of the most lucrative restaurant days of the year.
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Consumers opting for cheaper toys as inflation soars, toymaker Spin Master says

Consumers opting for cheaper toys as inflation soars, toymaker Spin Master says

Toymaker Spin Master Inc. says shoppers are becoming increasingly price sensitive and opting for less expensive toys as inflation continues to surge.
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Shopify stock plunges to two-year low as it signs US$2.1-billion deal to buy Deliverr

Shopify stock plunges to two-year low as it signs US$2.1-billion deal to buy Deliverr

Shopify Inc. is making the biggest acquisition in its history as it tries to reverse the flagging faith in its growth path that has knocked it well off the perch of Canada's most valuable company.
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