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Canadian National Railway Co earnings slip as decline in shipments cut into company's revenue

TORONTO — Canadian National Railway Co reported slightly lower second quarter earnings on Monday as a decline in shipments cut into revenue, but said it expects volumes to improve in the months ahead. 164 more words


Saskatchewan's gaming corporation notches $65.4M profit

The provincial government’s gaming corporation and its two casinos had net income of $65.4 million in the 15-month period ending March 31.

That compares with $49.8 million in income in the 12 months ending on Dec. 431 more words

Local News

SaskTel reports $97.7M in profit on 2015 operations

With cost-cutting and modest growth in revenue, SaskTel posted net income of $97.7 million in the 12 months ending Dec. 31, 2015.

That’s an increase from the $76.4-million net income reported for 2014, and comes with total revenue last year of $1.257.7 million, up from $1.231 million in 2014. 501 more words

Local Business

Saskatchewan Crown corporations' annual reports due shortly

Three months after they usually come out, Saskatchewan Crown corporations’ annual reports — their financial report cards — will be released at some point in July. 385 more words


Securities commission handles fewer investor complaints

Despite a slumping economy, Alberta’s securities regulator said it received fewer complaints of fraud and other misdeeds in the last fiscal year.

The Alberta Securities Commission recorded 374 complaints of wrongdoing in the 2015/2016 fiscal year ended March 31, a more than 35 per cent decline from the 579 allegations it received a year earlier, according to its annual report. 356 more words

Local Business

SAQ results 'unprecedented' in 2015-2016 says CEO

Two weeks after being criticized by the auditor general, Société des alcools du Québec sales and net profit have increased for the 2015-2016 financial year, a result that is “unprecedented”, according to its president and CEO, Alain Brunet. 370 more words


Gender diversity proposal rejected by shareholders of Tim Hortons parent company

OAKVILLE, Ont. — A proposal to create a formal diversity policy at the parent company of Tim Hortons and Burger King aimed at increasing the number of women on its all-male board of directors has been rejected. 378 more words

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