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Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts sales

Spin Master loses US$54.8M in first quarter, Melissa & Doug acquisition boosts sales

TORONTO — Spin Master Corp. says it lost US$54.8 million in the first quarter, compared with a loss of US$1.9 billion a year earlier. The toy and entertainment company says revenues totalled US$316.2 million, up from US$271.
Intact Financial earnings rise to $673 million in first quarter

Intact Financial earnings rise to $673 million in first quarter

TORONTO — Intact Financial Corp. says it earned $673 million in the first quarter, up from $377 million a year earlier. The Toronto-based company says earnings per share were $3.68, up from $2.06 per share during the same quarter last year.
Air France flight from Paris to Seattle lands in Iqaluit after heat smell in cabin

Air France flight from Paris to Seattle lands in Iqaluit after heat smell in cabin

IQALUIT, Nunavut — A plane travelling from Paris to Seattle was forced to make an emergency landing in Iqaluit after there was a heat smell in the cabin during the flight.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,290.62, up 31.15 points): Enbridge Inc. (TSX:ENB). Energy. Up 44 cents, or 0.88 per cent, to $50.58 on 18.8 million shares.
S&P/TSX composite posts small gain Tuesday, U.S. stock markets flat

S&P/TSX composite posts small gain Tuesday, U.S. stock markets flat

TORONTO — Strength in energy and base metals helped Canada's main stock index post a small gain, while U.S. markets were mixed but relatively flat. The S&P/TSX composite index closed up 31.15 points at 22,290.62.
Head of CBC/Radio-Canada defends the public broadcaster's role in testimony to MPs

Head of CBC/Radio-Canada defends the public broadcaster's role in testimony to MPs

OTTAWA — The head of the Canadian Broadcasting Corp. told members of Parliament that the public broadcaster is there to keep people informed, build trust, strengthen democracy and promote local culture.
Apple's biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro

Apple's biggest announcements from its iPad event: brighter screen, faster chips and the Pencil Pro

CUPERTINO, Calif.
Environment Canada agrees to priority assessment for chemical linked to salmon deaths

Environment Canada agrees to priority assessment for chemical linked to salmon deaths

OTTAWA — The federal government has agreed to prioritize environmental assessment for a chemical used in tire rubber that has been linked to the deaths of Pacific salmon.
MEG Energy says Trans Mountain expansion will boost Canadian oil prices 'for years'

MEG Energy says Trans Mountain expansion will boost Canadian oil prices 'for years'

CALGARY — The recently completed Trans Mountain pipeline expansion will boost Canadian oil prices for "years" to come, an executive with oilsands producer MEG Energy Corp. said Tuesday.
No evidence Big Three acting as fibre wholesalers would hurt smaller providers: CRTC

No evidence Big Three acting as fibre wholesalers would hurt smaller providers: CRTC

The CRTC has denied a request by Bell Canada and some independent internet providers for an expedited decision that would prevent large carriers from using rivals' fibre networks to offer their services to customers.