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SNC-Lavalin to pay $30M under agreement with Quebec over bridge bribes

SNC-Lavalin to pay $30M under agreement with Quebec over bridge bribes

MONTREAL — SNC-Lavalin Inc. says it will pay Quebec nearly $30 million over three years to settle criminal bribery charges stemming from bridge work in Montreal.
Uber, union reach settlement in Ontario unionization case: UFCW Canada

Uber, union reach settlement in Ontario unionization case: UFCW Canada

TORONTO — Uber Technologies Inc. has fought off a unionization attempt from Toronto drivers for its premium Uber Black service with a settlement it signed with the private sector union trying to represent the workers.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,633.28, down 62.89 points.) Enbridge Inc. (TSX:ENB). Energy. Up $1.24, or 2.2 per cent, to $58.47 on 18.2 million shares.
North American stock markets end volatile week by falling further

North American stock markets end volatile week by falling further

TORONTO — North American stock markets ended a volatile week by losing more ground as healthy jobs reports reinforced that central banks would likely continue their sizable interest rate increases.
Sri Lanka leader declares emergency amid protests

Sri Lanka leader declares emergency amid protests

COLOMBO, Sri Lanka (AP) — Sri Lanka's president declared a state of emergency Friday giving him broad authority amid widespread public protests demanding his resignation over the country's worst economic crisis in recent memory.
Canadian farmers battle avian flu as bird death toll hits 1.7 million

Canadian farmers battle avian flu as bird death toll hits 1.7 million

CALGARY — When David Hyink checks on his barns each day, he does so with a sense of trepidation.
Telus reports higher profits as it touts diversified business model

Telus reports higher profits as it touts diversified business model

Telus Corp.
US added 428,000 jobs in April despite surging inflation

US added 428,000 jobs in April despite surging inflation

WASHINGTON (AP) — America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs.
Dorel shares fall 9% after posting third-straight quarterly loss in first quarter

Dorel shares fall 9% after posting third-straight quarterly loss in first quarter

MONTREAL — Dorel Industries Inc. shares plunged nine per cent as the Montreal-based company lost money for a third-straight quarter on continued supply chain issues and high inflation.
Stelco beats expectations as profit more than doubles despite challenging start to Q1

Stelco beats expectations as profit more than doubles despite challenging start to Q1

HAMILTON — Stelco Holdings Inc. beat expectations as it reported a strong quarter despite a challenging start to the year. The Hamilton-based steel maker says its net income for the first quarter more than doubled to $262 million or $3.