Kategori: Finance
Amazon triples its profit in the first quarter
(San Francisco) Amazon saw its revenue and net profit grow beyond market expectations in the first quarter, notably thanks to its cloud arm, AWS, which capitalizes on businesses’ appetite for…
The Canadian economy grew by 0.2% in February, according to Statistics Canada
Canada’s economy has lost momentum after a blistering start to the year, reinforcing economists’ expectations that the Bank of Canada is on track to cut its key rate in the…
The capital gains measure will be part of a separate law in the federal budget
(Ottawa) Federal Finance Minister Chrystia Freeland intends to ask Parliament to approve proposed changes to capital gains tax thresholds in a separate bill. Published at 1:10 p.m. Nojoud Al Mallees…
Tesla | Elon Musk cuts two services and lays off at least 500 employees
(New York) Billionaire Elon Musk has closed two departments of the car manufacturer Tesla, dismissing their two managers with immediate effect and announcing the dismissal of their employees, i.e. at…
Transportation rates in the Montreal region will increase by 3% on July 1
Public transit fares in the greater Montreal area will increase by 3% on average starting on 1er next July, the Regional Metropolitan Transport Authority (ARTM) announced Tuesday morning. Faced with…
Elementary early French immersion program questioned by Ottawa-Carleton District School Board
Ottawa’s English public school board is considering modifying, or even eliminating, its elementary early French immersion program, in the name of “equity.” This approach, which aims to bring children back…
United States | Consumer confidence in April at lowest since July 2022
(Washington) Consumer confidence in the United States fell in April to its lowest level since July 2022, concerned about still high prices, with consumers being more pessimistic about economic conditions,…
Why the government is considering limiting share buybacks
The government is looking for money. And to encourage groups to share their profits with employees rather than shareholders, retroactive taxation could see the light of day in 2025. Published…
Building permits continue to decline in March, almost -20% year-on-year
Individual houses were the subject of 129,200 authorizations (-22.2%), while collective housing obtained 229,300 (-18.4%). Published on 04/30/2024 10:33 Reading time: 1 min A worker on a construction site in…
Europe emerges from recession with inflation under control
(Brussels) Europe emerged from recession in the first quarter, with more robust growth than expected, while inflation under control should confirm the European Central Bank (ECB) in its plan to…
Coordinated negotiations begin in 30 hotels in Quebec
(Montreal) A coordinated negotiation of collective agreements begins in 30 hotels in the regions of Montreal, Quebec, Estrie and Saguenay–Lac-Saint-Jean. Posted at 6:47 a.m. Lia Levesque The Canadian Press This…
Cargojet | Global conflicts boost business, management says
(Mississauga) Armed conflicts in Ukraine and the Red Sea have boosted cargo shipments for Cargojet as the current geopolitical context pushes companies to seek alternative transit routes. Updated yesterday at…
“The myth of Orpheus”: autopsy of a passion
In the age of the image, several creations took the figure of Orpheus as support — for example, Reflector, of Arcade Fire (2013), and Portrait of the girl on fire,…
Wall Street closes slightly higher
(New York) The New York Stock Exchange finished narrowly in the green on Monday, remaining positive after a weekly gain and at the start of a crucial week for monetary…
“Norman is like normal, except for one letter”: sustainable lightness of being
It is to the giggles of the child spectators that Norman advances in front of the stage while spinning. “For the first time, he and his dress are pointing their…
Minimum Wage Jobs | Over 55 years and over and fewer women than in 1998
Minimum wage workers are more often than before people aged 55 and over, and less often than before women. Published yesterday at 11:58 a.m. Lia Levesque The Canadian Press The…
Hautes-Laurentides doctors sound the alarm
After doctors from Outaouais, it is the turn of those from Hautes-Laurentides to sound the alarm. The 12 emergency doctors at the Mont-Laurier hospital report that the emergency room is…
Gildan | Accused of being “distracted and absent”, the former boss obtained millions in 2023
(Montreal) The annual remuneration of former Gildan boss Glenn Chamandy has approached US$10 million over the past three years, even though the board of directors accuses him of having “considerably…
Federal government weighs possible actions against foreign interference
A federal inquiry into foreign interference has yet to submit its initial report, but the Liberal government is already advancing plans to overhaul a series of national security laws and…
Boxing: Mike Tyson to face Jake Paul in a professional fight
The boxing fight which will pit former heavyweight world champion Mike Tyson against YouTube star Jake Paul on July 20 will be considered a professional fight, the two boxers and…