Lower oil and gas prices hurt cash flow but helped producers cut their cash costs in the first quarter, analysts say. MIRA OBERMAN / AFP/Getty Images.
BlackBerry Ltd. is cutting jobs at offices around the world as it brings together the different parts of its shrinking smartphone business.
MONTREAL - Profits at Hydro-Quebec increased 2.2 per cent to $1.79 billion in the first quarter as the provincially owned electricity producer was helped by very cold winter temperatures.
(Adds portfolio manager comment, updates prices to close). * TSX ends down 2.85 points, or 0.02 percent, at 15,200.76. * Index gained 0.6 percent in holiday-shortened week.
More dark economic clouds are gathering over Alberta, adding to the challenges ahead for a new premier and cabinet as they prepare to take the reins this weekend.