Rising Tensions between Employers and Employees on this Year’s Labour Day Introduction Labour Day, which is celebrated on the first Monday of September every year, traditionally marks a day of recognition and appreciation for the contributions of workers in Canada. However, this year’s observance of Labour Day arrives amidst rising tensions between employers and employees. […]
Hydro-Québec’s Profits Take a Steep Dive in the Second Quarter Overview Hydro-Québec, the state-owned electricity company, experienced a significant drop in profits during the second quarter of 2023, largely due to a decline in its export business. The company’s net profit fell by 32.9%, amounting to $456 million, compared to $680 million in the same […]
Hydro-Québec’s Profits Decline in Second Quarter due to Sharp Drop in Exports Introduction Hydro-Québec, the state-owned electricity company of Quebec, has experienced a significant decline in profits in the second quarter of 2023. The company’s net profit amounted to $456 million, a decrease of $224 million compared to the same period last year. One of […]
Alphabet Stocks Rise After Second-Quarter Profits Exceed Expectations A Sunny Report for Alphabet After a challenging year in 2022 and significant job cuts, Alphabet, the parent company of Google, has shown signs of a continued rebound with its second-quarter profits surpassing expectations. The news has been well-received by investors, resulting in an increase in Alphabet’s […]