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The Canadian Press
The Canadian Press
Business

Business News Advisory from The Canadian Press

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:

Christopher Reynolds will have an update to the CGI story and the Passenger-Refunds story.

A story is planned for Bank of Canada governor Tiff Macklem's appearance at the Senate committee on banking, trade and commerce.

Stores are also planned on the latest financial results from Suncor and Lightspeed Commerce that are expected to come after the close of trading.

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TOP STORIES:

Transport regulator's independence in question

Passenger-Refunds

Newly revealed correspondence between the federal government and the Canadian Transportation Agency (CTA) at the start of the pandemic is raising renewed questions around the regulator's independence. By Christopher Reynolds. Words: 887, Photos: 1

CGI tops expectations with higher Q1 profit

CGI-Rslts

Montreal, Quebec, Canada -- CGI Inc. beat expectations as it reported its first-quarter profit rose to $367.4 million, up seven per cent from $343.5 million from the same period last year. Words: 180, Photos: 1

S&P/TSX composite edges lower as tech sector falls

Dollar-Markets

Toronto, Ontario, Canada -- Canada's main stock index edged lower in late-morning trading amid losses in the technology sector, while U.S. stock markets were mixed. Words: 148, Photos: 1

De Havilland to become banner for Longview assets

De-Havilland

Victoria, British Columbia, Canada -- Longview Aviation Capital, the owner of several Canadian aviation companies, says De Havilland Aircraft of Canada Ltd. will become the operating brand for its operations. Words: 242, Photos: 1

Auto sales inch up 0.6 per cent in January

Auto-Sales

Toronto, Ontario, Canada -- DesRosiers Automotive Consultants says Canadian auto sales inched up 0.6 per cent in January from a year earlier as vehicle shortages caused by semiconductor supply issues continue to weigh on the industry. Words: 154, Photos: 1

Jan. home sales slow, supply low: Vancouver board

Vancouver-Home-Sales

Vancouver, British Columbia, Canada -- The Real Estate Board of Greater Vancouver says January home sales slowed from a record-setting pace last year as the number of properties available dropped. Words: 229, Photos: 1

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CP BUSINESS

The Canadian Press

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