Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
Tara Deschamps will have an update to the Lightspeed story.
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TOP STORIES:
BCE raises dividend on recovery from pandemic
BCE-Rslts
BCE Inc. is raising its quarterly dividend 5.1 per cent as it reported financial results that show it has almost fully recovered from the impacts of the COVID-19 pandemic. By Adena Ali. Words: 458, Photos: 1
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Lightspeed on track for profitability, growth: CEO
Lightspeed-CEO
Montreal, Quebec, Canada -- Lightspeed Commerce Inc.'s new chief executive insists the company is on track to meet its growth and profitability targets. Words: 174
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Incidents, death prompt safety changes at Suncor
Suncor-Rslts
Calgary, Alberta, Canada -- Suncor Energy Inc. will adopt mining safety technology for the first time in the oilsands after a recent fatality that marked the company's fourth workplace death since late 2020. By Amanda Stephenson. Words: 794, Photos: 1
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Toronto home sales fell by 18% in Jan: board
Toronto-Home-Sales
Toronto, Ontario, Canada -- Greater Toronto Area home sales tumbled as fewer properties were listed and market conditions tightened last month, weighing on the regional real estate board’s sales forecasts for the year, but not dampening its price predictions. By Tara Deschamps. Words: 580, Photos: 1
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S&P/TSX composite and U.S. stock markets down
Dollar-Markets
Toronto, Ontario, Canada -- Canada's main stock index fell in late-morning trading amid a drop in tech stocks, while U.S. stock markets also moved lower. Words: 149, Photos: 1
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Lock in rates before interest hike, experts say
Money-Monitor
House hunters in need of a mortgage and homeowners approaching a renewal should examine whether a fixed or variable rate mortgage works best for them — and lock in rates as soon as possible, mortgage experts say. By Brett Bundale. Words: 571, Photos: 1
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Resolute Forest Products reports Q4 loss
Resolute-Forest-Rslts
Montreal, Quebec, Canada -- Resolute Forest Products Inc. says it lost US$128 million in its latest quarter compared with a loss of US$52 million in the same quarter a year earlier. Words: 203, Photos: 1
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