Aritzia sees 13th straight quarter of comparable sales growth, net revenue up

Aritzia sees 13th straight quarter of comparable sales growth, net revenue up
VANCOUVER — Aritzia Inc. (TSX:ATZ) reported its 13th consecutive quarter of positive comparable sales growth in its most recent quarter. The Vancouver-based women’s fashion brand says its comparable sales grew 6.3 per cent for its third quarter ended Nov. 26, 2017, due to continued momentum in its e-commerce business. In the third quarter of 2016, it reported 15.1 per cent growth.... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,247.95, down 71.29 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 30 cents, or 2.20 per cent, to $13.33 on 13.9 million shares. Pure Industrial Real Estate Trust (TSX:AAR.UN). Real Estate. Unchanged at $8.09 on 12.2 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.68 per cent, to $2.97... Read More

Canada launches global trade complaint against U.S. over use of duties

Canada launches global trade complaint against U.S. over use of duties
WASHINGTON — Canada has launched a wide-ranging attack against American trade practices in a broad international complaint over that country’s use of punitive duties — a move the U.S. is calling “broad and ill-advised.” In a complaint that’s dramatically ramping up tensions between the two neighbours in the midst of major trade negotiations, Canada wants the World Trade Organization to examine the use of duties... Read More

Royal LePage: Price of a home rose 10.8 per cent annually in Q4.

Royal LePage: Price of a home rose 10.8 per cent annually in Q4.
TORONTO — Canada’s residential real estate market saw strong, but slowing year-over-year price growth in the fourth quarter of 2017, according to a report by Royal LePage. The real estate company says based on data in 53 markets, the price of a home in Canada increased 10.8 per cent year-over-year to $626,042 in the quarter. Broken down housing type, Royal... Read More

Rising minimum wages could speed up automation not relocations: labour leaders

Rising minimum wages could speed up automation not relocations: labour leaders
MONTREAL — Companies might not be able to dodge rising minimum wages by relocating even their most mobile workforces to lower wage provinces, but higher costs could accelerate the pace of automation. “It would be foolish of some employers to think that they can escape temporarily by moving their operations,” said Canadian Labour Congress president Hassan Yussuff. While companies may get a short-term benefit, he said the reality... Read More