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Quebec News

Rousseau earns shutout as Huskies roll to 6-0 win over Wildcats

ROUYN-NORANDA, Que. — William Rousseau made 36 saves for the shutout as Rouyn-Noranda downed Moncton 6-0 on Thursday night. Antonin Verreault scored twice while Samuel Rousseau, Thomas Verdon, Benjamin Brunelle and Andrei Loshko had the other goals.
Bombardier revenues ramp up, even as private plane travel falls

Bombardier revenues ramp up, even as private plane travel falls

MONTREAL — Bombardier Inc. reported a revenue gain of 28 per cent in its latest quarter as the company pledged to meet its business jet delivery target for the year, even amid supply chain pressures and fewer private jet-setters.
Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

Tax avoidance: Canadian companies transferred $120B to Luxembourg, study says

MONTREAL — A Quebec research institute says some of Canada's biggest companies have transferred billions of dollars in profits to Luxembourg to avoid paying domestic taxes.
TVA Group lays off more than 500 employees as audiences and ad revenues shrink

TVA Group lays off more than 500 employees as audiences and ad revenues shrink

MONTREAL — The TVA Group says it is laying off 547 employees — nearly a third of its workforce — amid restructuring as the company contends with declining audiences and ad revenues.
Hydro-Québec to invest up to $185 billion by 2035 to increase capacity, reliability

Hydro-Québec to invest up to $185 billion by 2035 to increase capacity, reliability

MONTREAL — Quebec's power utility is planning to spend up to $185 billion over the next 12 years to increase capacity and reliability — and satisfy what it expects will be voracious demand for electricity from industry and electric cars.
'Abnormal': Quebec says there are still too many asylum seekers entering the province

'Abnormal': Quebec says there are still too many asylum seekers entering the province

Quebec's immigration minister says the number of asylum seekers entering the province is "abnormal." Christine Fréchette told reporters today that the federal government needs to do more to distribute would-be refugees across the country.
Gildan Activewear reports lower earnings, rising sales in third quarter

Gildan Activewear reports lower earnings, rising sales in third quarter

MONTREAL — Gildan Activewear Inc. says it earned US$127.4 million in the third quarter, down 16.7 per cent from US$153 million a year earlier. The Montreal-based company says net sales rose 2.3 per cent to US$869.
Cogeco reports decline in profit despite record quarterly internet customer additions

Cogeco reports decline in profit despite record quarterly internet customer additions

MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $29.2 million in its fourth quarter, down 19.8 per cent from earnings of $36.4 million during the same period a year ago.
Saputo closing facility in Lancaster, Wisc., about 100 employees affected

Saputo closing facility in Lancaster, Wisc., about 100 employees affected

MONTREAL — Saputo Inc. says it is closing its facility in Lancaster, Wis., and plans to move production to another location in the state. The Montreal-based company says about 100 employees will be affected by the decision.
Lightspeed Commerce reports Q2 revenue up 25% from year ago

Lightspeed Commerce reports Q2 revenue up 25% from year ago

MONTREAL — Lightspeed Commerce Inc. reported a smaller loss in its second quarter compared with a year ago as its revenue rose 25 per cent. The company, which keeps its books in U.S. dollars, says it lost US$42.
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