OTTAWA - The country's trade deficit expanded in March to reach its widest gap on record amid a slowdown in exports to the United States, Statistics Canada said Wednesday.
TORONTO -- Torstar Corp.'s first-quarter loss soared to $53.5 million as the company recorded extra expenses related to its transition towards more digital media and revenue fell at its traditional newspaper businesses.
The operator of Canada's largest grocery and pharmacy business had $193 million of net income for the quarter, up $47 million or 32.2 per cent from a year earlier.
Canada's Shopify Inc , a maker of software that helps retailers set up and manage online stores, forecast a bigger operating loss for the year, due to higher compensation expenses.
Earls, the restaurant chain that announced last week that its move to Certified Humane meat meant it would no longer source beef from Canadian farmers, has reversed its position, calling the original decision “a mistake.