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The Canadian Press
The Canadian Press
Business

Business News Advisory from The Canadian Press

Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.

If you have any questions, please contact Kate Hopwood at 416-507-2151 or kate.hopwood@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com.

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COVERING:

We'll move an update to Brett Bundale's story Grocery-Theft shortly.

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TOP STORIES:

Vaccination 'not an issue at all': TFI head

TFI-Rslts

Canada's largest trucking company is virtually untouched by the vaccine mandate for truckers crossing the U.S.-Canada border, says TFI International Inc. chairman and CEO Alain Bédard. By Christopher Reynolds. Words: 770. PHOTO.

Food theft rises at groceries amid rise in prices

Grocery-Theft

Shoplifting appears to be on the rise at grocery stores in Canada as a growing number of supermarkets report an increase in thefts of food and pharmacy products. By Brett Bundale. Words: 750. PHOTO

Cenovus reports Q4 loss due to one-time charge

Cenovus-Rslts

Calgary, Alberta, Canada -- Cenovus Energy Inc. reported a fourth-quarter loss of $408 million as it took a $1.9-billion one-time non-cash impairment charge related to its U.S. refinery business. By Amanda Stephenson. Words: 570, Photos: 1

Alberta businesses await news on future of REP

Alberta-Biz-REP

At the Rose & Crown in Banff, Alta., Vern Iskauskas is looking forward to an expected announcement Tuesday afternoon from Premier Jason Kenney with a mixture of excitement and trepidation. By Amanda Stephenson. Words: 870. Photos: 1

Canada posts December merchandise trade deficit

StatCan-Trade

Statistics Canada says the country posted a merchandise trade deficit of $137 million in December to end a run of six consecutive monthly surpluses as imports rose and exports fell in the final month of the year. Words: 440, Photos: 1

Thomson Reuters reports Q4 loss, raises dividend

Thomson-Reuters-Rslts

Toronto, Ontario, Canada -- Thomson Reuters Corp. raised its quarterly dividend as it reported a loss in its latest quarter due to a lower operating profit and a drop in value of the company's London Stock Exchange Group investment. Words: 183, Photos: 1

Peloton co-founder steps down after rough ride

Peloton-Leadership-Change

New York, New York, United States -- The co-founder of Peloton is stepping down as chief executive after an extended streak of tumult at the exercise and treadmill company. By Michelle Chapman. Words: 344, Photos: 3

Aimia sells stake in PLM in deal worth up to $517M

Aimia-PLM

Aimia Inc. has signed a deal worth up to $517 million to sell its 48.9 per cent equity stake in PLM, the owner and operator of Mexican loyalty program Club Premier.

CP BUSINESS

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