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Singing the garment blues

MONTREAL — Canada has the garment blues.

While privately owned Groupe Dynamite appears to be thriving, many Montreal-based retailers are reporting losses, or like Jacob, fighting for survival. 712 more words

Business

GLV selling pulp and paper division, changing name to Ovivo

Montreal-based GLV Inc. is getting out of the pulp and paper business and changing its name to Ovivo Inc.

It announced Thursday that it’s selling the pulp and paper division for $65 million to become “a pure water treatment company.” 138 more words

Business

Quebec budget on track: finance minister

QUEBEC — Without letting slip any details, Finance Minister Carlos Leitão couldn’t help but smile when fielding reporters’ questions about the provincial budget in a hallway of the National Assembly on Wednesday, two days before unveiling a monthly report on Quebec’s finances. 558 more words

Local News

Bikini Village has chilly Q2

 STE-JULIE, Que. — Groupe Bikini Village reported Tuesday a second-quarter net loss of $619,000 compared with a loss of $133,000 a year ago as sales fell more than 10 per cent. 147 more words

Business

BRP sputters in second quarter

MONTREAL — The first half was worse than expected but the second half will be better than planned for BRP Inc., José Boisjoli promised.

“We manage our business on an annual basis,” rather than quarterly, the president of the Valcourt recreational-products maker said Friday during a teleconference call after the company reported worse-than-expected losses for its second quarter. 535 more words

Business

Ski-Doo maker BRP narrows its second-quarter loss and increases revenues

VALCOURT — Ski-Doo maker BRP Inc. narrowed its second-quarter net loss to $3.6 million and bumped up its revenues by more than 25 per cent, helped by higher sales. 159 more words

Business

Dollarama boosts Q2 net profit

MONTREAL — Discount chain Dollarama (TSX:DOL) increased its second-quarter net profit to $68.8 million, or $1.03 per share, compared with $59.7 million, or 82 cents per share, in the same quarter of the last fiscal year. 8 more words

Business