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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, or Jody White at jody.white@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com or 416-507-2138.


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COVERING:


We'll have more earnings from Dollarama, Empire Co. and Transat A.T and cover a luncheon speech from Bank of Canada governor Tiff Macklem.


Ian Bickis will have a round up of remarks from the heads of the major banks at a Scotiabank conference.


This week’s Money Monitor looks at what homeowners with large trees on their property should know about insurance before a storm hits.


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TOP STORIES:


Travel company Transat AT reports $138.1M Q3 loss

Transat-Rslts

Montreal, Quebec, Canada -- Travel company Transat AT Inc. says it lost $138.1 million in its latest quarter compared with a loss of $45.1 million in the same quarter last year. Words: 194, Photos: 1



Dollarama reports Q2 profit and sales up

Dollarama-Rslts

Montreal, Quebec, Canada -- Dollarama Inc. reported a second-quarter profit of $146.2 million, up from a profit of $142.5 million in the same quarter last year. Words: 160, Photos: 1



Empire reports $188.5M first-quarter profit

Empire-Rslts

Stellarton, Nova Scotia, Canada -- Empire Co. Ltd., which owns the Sobeys and Safeway grocery chains, says it earned $188.5 million in its latest quarter Words: 175, Photos: 1


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CALENDAR:


The Toronto International Film Festival kicks off Sept. 9 and runs through Sept. 18, with a mix of digital and in-person screenings


Toronto Global and the International Economic Forum of the Americas co-host a global business summit


Dollarama Inc. will issue its financial results for the second quarter


Transat holds a call to discuss its third-quarter results. 


Bank of Canada governor Tiff Macklem gives a speech by video conference to the Fédération des chambres de commerce du Québec.


CP BUSINESS

The Canadian Press

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