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Gildan shareholders seek CEO reinstatement, allege 'grievous error' by board

Gildan shareholders seek CEO reinstatement, allege 'grievous error' by board

MONTREAL — Two of Gildan Activewear Inc.'s shareholders are demanding its former chief executive be reappointed to the company's top post. In letters sent to Gildan's board of directors, Browning West LP and Turtle Creek Asset Management Inc.
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Canada's biggest banks come in at bottom of low-carbon finance ranking

Canada's biggest banks come in at bottom of low-carbon finance ranking

TORONTO — A report by BloombergNEF finds that while Canada's top five banks are among the biggest energy financiers globally, they rank among the worst of the top 100 when measured on how much of that funding is directed to low-carbon sources.
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Pope, once a victim of AI-generated imagery, calls for treaty to regulate artificial intelligence

Pope, once a victim of AI-generated imagery, calls for treaty to regulate artificial intelligence

ROME (AP) — Pope Francis on Thursday called for an international treaty to ensure artificial intelligence is developed and used ethically, arguing that the risks of technology lacking human values of compassion, mercy, morality and forgiveness are to
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,778.80, up 149.35 points): Royal Bank of Canada. (TSX:RY). Finance. Up $2.24, or 1.74 per cent, to $130.86 on 14.4 million shares.
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S&P/TSX composite gains almost 150 points, U.S. stock markets also higher

S&P/TSX composite gains almost 150 points, U.S. stock markets also higher

TORONTO — Base metal and battery metal stocks led a broad-based rally on the TSX Thursday, as Canada's main stock index climbed almost 150 points, while U.S. stock markets also moved higher. The S&P/TSX composite index closed up 149.
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Bill that lifts GST from rental developments, amends competition law to become law

Bill that lifts GST from rental developments, amends competition law to become law

OTTAWA — Legislation that lifts GST charges off rental developments and amends the country's competition law has passed in the Senate and is poised to become law.
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Empire promises to crack down on supplier price increase requests as Q2 profit slips

Empire promises to crack down on supplier price increase requests as Q2 profit slips

Empire Co. Ltd. is planning to crack down on what it says are unjustifiable cost increase requests from some of its biggest suppliers.
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Stock market today: Wall Street rises again as the Dow ticks to another record

Stock market today: Wall Street rises again as the Dow ticks to another record

NEW YORK (AP) — Most of Wall Street rose Thursday following its big rally from the day before on excitement that several cuts to interest rates may indeed be coming next year. The S&P 500 gained 0.3% to pull within 1.
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Transat sees bright skies ahead despite rising competition, falling disposable income

Transat sees bright skies ahead despite rising competition, falling disposable income

MONTREAL — The head of Transat AT Inc. said consumers show little sign of travel wariness, but increased competition and customer financial strain have begun to thin out profit margins even as the travel company guns for major growth next year.
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Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal

Tim Hortons, Telus and Esso reinstate support for Hockey Canada following scandal

TORONTO — A trio of sponsors are backing Hockey Canada once more, after pulling support for the organization when it was embroiled in scandal last year. Fast food chain Tim Hortons, telecommunications firm Telus Corp.
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