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AutoCanada announces cybersecurity breach, earnings hit by previous incident

AutoCanada announces cybersecurity breach, earnings hit by previous incident

EDMONTON — AutoCanada Inc. says it has found a cybersecurity breach of its systems that could disrupt operations as it also reported a financial loss for the second quarter because of a separate cybersecurity incident.
S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher

S&P/TSX composite up almost one per cent Tuesday, U.S. stock markets also higher

TORONTO — Canada's main stock index gained almost one per cent on Tuesday, boosted by financial and technology stocks, while U.S. stock markets also climbed higher, led by a 2.4-per-cent gain on the Nasdaq.
CRTC expands ability for internet providers to sell service over telecoms' networks

CRTC expands ability for internet providers to sell service over telecoms' networks

Canada's telecommunications regulator is expanding a decision that allows smaller internet providers to use rivals' fibre networks to offer their services to customers.
CAE profits fall as supply-chain headwinds persist

CAE profits fall as supply-chain headwinds persist

MONTREAL — CAE Inc. is reporting a big drop in profits for its latest quarter as the company grapples with supply-chain constraints. The flight simulator maker says net income attributable to shareholders fell 26 per cent to $48.
Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain

Union explains conditions of Postmedia's acquisition of SaltWire newspaper chain

HALIFAX — A national union that represents workers at Atlantic Canada's largest newspaper chain says conditions demanded by Postmedia in its bid to buy the insolvent SaltWire Network are not as bad as some observers had feared.
Nova Scotia urged to address 'pathways' that lead people to losing their homes

Nova Scotia urged to address 'pathways' that lead people to losing their homes

HALIFAX — One major step that Nova Scotia can take to reduce homelessness is by addressing the "pathways" that lead vulnerable people to end up on the street, the head of a shelter for women and children said Tuesday.
Stock market today: Wall Street rallies after passing the first of several tests set for this week

Stock market today: Wall Street rallies after passing the first of several tests set for this week

NEW YORK (AP) — U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected. The S&P 500 rallied 1.
CN Rail, CPKC begin halting shipments of certain goods as strike threat looms

CN Rail, CPKC begin halting shipments of certain goods as strike threat looms

MONTREAL — The country's two main railways have started to halt shipments ahead of a potential strike or lockout next week, the first step toward a possible shutdown as the bargaining deadline approaches. Canadian National Railway Co.
Costco testing membership card scanners at several locations across Canada

Costco testing membership card scanners at several locations across Canada

TORONTO — Costco Wholesale is testing membership card scanners at the entrances to its stores at several locations across Canada. The retailer says it's testing the scanners at stores in Ottawa, Edmonton, Regina and the B.C. Lower Mainland.
Ontario Teachers' posts 4.2% net return for first six months of 2024

Ontario Teachers' posts 4.2% net return for first six months of 2024

TORONTO — The Ontario Teachers' Pension Plan Board says it earned a net return of 4.2 per cent for the first six months of this year. The result came as the pension fund says it earned net investment income of $10.8 billion for the period.