Shares of Canadian airline and vacation provider Transat AT Inc. rose more than 18% after Quebec billionaire Pierre Karl Péladeau pressured for partial control of the board, saying the company needs major changes to fix its balance sheet.
Air Transat aircraft sit on the tarmac at Toronto Pearson International Airport (YYZ) in Toronto, Ontario, Canada, on Wednesday, April 8, 2020. The airport is now averaging 200 flights per day, down from 1,200 before the Covid-19 pandemic, CTV News reported.
Shares of convenience store operator Alimentation Couche-Tard Inc. jumped after the company reported growth in earnings and its top executive said it’s looking at a number of acquisition targets.
Quebec Finance Minister Eric Girard revised the province’s deficit and borrowing downward and said he’ll introduce tax breaks for workers and industries affected by US tariffs.
Quebec Finance Minister Eric Girard revised the province’s deficit and borrowing downward and said he’ll introduce tax breaks for workers and industries affected by US tariffs.
BCE Inc., Canada’s largest telecommunications firm by revenue, is letting go about 690 non-unionized employees as it implements a strategy to restore growth in earnings and cash flow.
Anmelden
