TORONTO - Royal Bank of Canada ousted Toronto-Dominion Bank from the top spot in a J.D. Power consumer banking satisfaction ranking for the first time, ending a decade-long winning streak for the country's second-largest lender by assets.
TransCanada Corporation says this year's second-quarter earnings were down nearly 14 per cent from last year, largely because of the cost associated with its US$13-billion acquisition of an American pipeline company.
MISSISSAUGA, Ont. - Maple Leaf Foods had $31.4-million in net income for the second quarter - the latest in a string of profitable earnings reports since the company completed a major multi-year overhaul of its operations.
Spending from one of Canada's largest oil sands producers is set to resume after years of budget cuts, but only if Ottawa can offer more cost certainty.
Ford Motor Co.'s net income fell nine per cent to $2 billion US in the second quarter as the company struggled with flattening U.S.