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Maple Leaf Foods reports $26.2M Q2 loss as company prepares to spin off pork business

Maple Leaf Foods reports $26.2M Q2 loss as company prepares to spin off pork business

Maple Leaf Foods Inc. reported a loss of $26.2 million in its latest quarter compared with a loss of $53.7 million a year earlier as it prepares to spin off its pork business. The Mississauga, Ont.
Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

Canadian Tire's Q2 profit up even as consumers 'tightened their belts considerably'

TORONTO — The head of Canadian Tire Corp. Ltd. says indebted shoppers are cutting back on spending even more — and he doesn't see that trend turning around quickly.
Tim Hortons parent RBI sees Q2 profit lift despite 'softer consumer environment'

Tim Hortons parent RBI sees Q2 profit lift despite 'softer consumer environment'

TORONTO — The owner of Canada's most recognizable fast-food chain managed to grow its profit in its most recent quarter, even as a pullback in consumer spending that's long been roiling retailers cropped up in the quick-serve market.
In the news today: New poll says Canadians split on soccer spy drone penalty

In the news today: New poll says Canadians split on soccer spy drone penalty

Here is a roundup of stories from The Canadian Press designed to bring you up to speed...
It’s official: The Olympic Esports Games will be held in 2025. Here’s everything you need to know

It’s official: The Olympic Esports Games will be held in 2025. Here’s everything you need to know

These days, a professional athlete and a professional esports player both dedicate countless hours to training or strategizing in order to be at the top of their game
Rinse and repeat: Calgarians back to water restrictions as new pipe problems found

Rinse and repeat: Calgarians back to water restrictions as new pipe problems found

CALGARY — Residents in Calgary and surrounding communities fresh off having to conserve water for weeks due to a water main break are soon going to have to do it all over again.
Paris Olympics puts dent in Air Canada sales as some travellers avoid France

Paris Olympics puts dent in Air Canada sales as some travellers avoid France

MONTREAL — Air Canada may be the official carrier of Team Canada, but that didn't stop the Paris Olympics from hobbling its summer sales.
WestJet says 10 per cent of fleet grounded after Calgary pummelled by hail

WestJet says 10 per cent of fleet grounded after Calgary pummelled by hail

CALGARY — WestJet says 16 of its planes have been grounded after a massive hailstorm hit Calgary earlier this week, and the decreased capacity means it will have to cut flights across its network for the "foreseeable future.
Average Canadian rent tops $2,200 in July even as pace of growth slows: report

Average Canadian rent tops $2,200 in July even as pace of growth slows: report

The data from Rentals.ca and Urbanation says asking rents for all residential property types averaged $2,201 in July, up 5.9 per cent from last year.
Traveller describes pouring water, falling ceiling tile at storm-hit Calgary airport

Traveller describes pouring water, falling ceiling tile at storm-hit Calgary airport

CALGARY — The rat-a-tat of hail was echoing through the terminal as Quinn White made her way to a gate at the Calgary International Airport on Monday evening. As she rounded a corner, there was a more disconcerting sound: running water.
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