Etiket: revenue
Roots raises revenue, but slightly increases loss
(Toronto) Roots posted a first-quarter loss of 5.3 million on Tuesday, which compares with a loss of 4.9 million for the same period last year, as its sales rose 15%.…
Revenue up for the SAQ in the 4th quarter
(Montreal) The Société des alcools du Québec posted fourth-quarter net income on Tuesday, up 12.9% compared to the same period last year, as its revenues rose 6.7%. Posted at 5:26…
Canopy Growth net revenue down 25%
(Smiths Falls) Canopy Growth posted a smaller loss for its fourth quarter on Friday than the same time last year, even though its net revenue fell 25%. Posted at 11:17…
Revenue Quebec | A second union is considering a strike
(Montreal) After the 5,300 members of the Syndicat des professionals at Revenu Québec, it is the turn of 6,000 members of the Syndicat de la fonction publique to consider a…
Revenue Quebec | Threat of evening and weekend strikes by 5,300 union members
(Quebec) A threat of work stoppage in the evening and on weekends from 5,300 union members of Revenu Quebec arises after 93.4% of them supported a strike mandate at a…
Canada Revenue Agency | “Risks” linked to employees using mobile phones
Could employees of the Canada Revenue Agency (CRA) who use cell phones to respond to requests for information from the public “pose risks” for the citizen? The federal body warns…
The Canada Revenue Agency will establish itself in the regions
Teleworking at the heart of a two-year pilot project carried out in Quebec Posted at 9:00 a.m. Joel-Denis Bellavance The Press (Ottawa) A taxpayer from Alberta or elsewhere in the…
TVA Group: revenue up, but profit down
TVA Group increased its revenues, but its profits fell in the first quarter of fiscal year 2022 compared to the same period last year. The company on Monday reported a…
First quarter | SNC-Lavalin sees its profit decline despite an increase in revenue
SNC-Lavalin Group’s profits tumbled last quarter, falling short of expectations due to weak margins at its flagship engineering division, as the company scrambles to plug cash drains from construction contracts…
Canada Revenue Agency | More than two-thirds of tax returns still to be obtained
(Montreal) There are only two weeks left for taxpayers to send in their tax return. According to the Canada Revenue Agency, already more than 13 million tax returns have been…
Loss of revenue due to COVID-19 | Student cooperatives sue their insurer
More than twenty student cooperatives are suing their insurance company, The Co-operators, which refuses to compensate them for the financial losses caused by their closure in March 2020, ordered by…
Media Revenue Sharing | The web giants will have six months to conclude agreements
(Ottawa) Facebook and Google will have six months after the adoption of the new law on revenue sharing with news media to reach agreements, or they will be forced to…
By promoting Canadian content, YouTube fears creators are losing revenue
(Ottawa) YouTube says Canadian creators of digital content, including influencers, could lose revenue overseas if Ottawa forces online platforms to promote Canadian content. Posted at 2:23 p.m. The online streaming…
Fine of $500,000 | Canopy Growth appeals Canada Revenue Agency ruling
(Smiths Falls) A former subsidiary of Canopy Growth is waging a legal battle against the Canada Revenue Agency, which fined the cannabis grower nearly half a million dollars in 2020,…
Minorities kept Hollywood revenue afloat during pandemic, study finds
Viewers from ethnic and cultural minorities were a big part of sustaining U.S. box office receipts last year, according to a study released Thursday that found they made up the…
4th quarter | MDA posts profit and revenue up 15%
(Brampton) MDA on Thursday posted a fourth-quarter profit of $600,000, which compares with a loss of $12.6 million for the same period a year earlier. Its revenues increased by 15%.…
Compensation for taxable Phoenix | PSAC invites challenge to Revenue Canada
(Montreal) The Public Service Alliance of Canada hopes to inundate Revenue Canada with notices of dispute, because compensation paid for failures in the Phoenix pay system is considered taxable. Posted…
YouTube suspends Russian channel RT’s ability to generate revenue on its platform
YouTube announced on Saturday “suspending” the possibility for certain Russian channels, including RT, to monetize their content on its platform, because of the “exceptional circumstances” in Ukraine. YouTube also announced…
Precision Drilling | A loss in the fourth quarter, but revenue up
(Calgary) Precision Drilling reduced its loss to 27.3 million in the fourth quarter, while it had been 37.5 million in the same period last year, while its revenues increased by…
Omicron chipped away 10% of Héroux-Devtek’s quarterly revenue
(Longueuil) The lightning progression of the Omicron variant in December will have eroded nearly 10% of the revenues expected by Héroux-Devtek in the third quarter, estimated Wednesday the manufacturer of…