Tuesday Ticker: July 20, 2021
Toronto, Ontario — In this Tuesday Ticker, the Bank of Canada plans to let inflation run on past its previously planned targets, the European Union says it will wave goodbye to gas-powered vehicles in 2035 and top execs at Toyota say it’s “too soon” to be focussing only on electric cars. Get to runnin’ The […]
New small business support efforts, luxury tax and more: A look at the 2021-22 federal budget
Ottawa, Ontario — The Liberal government unveiled its federal 2021-22 budget on Monday. Despite numerous promises regarding small business recovery, vehicle electrification, EV battery initiatives and even a luxury tax on high-priced vehicles, the budget does not include any scrappage programs or incentives to purchase new vehicles, EVs or otherwise. Collision Repair has compiled a […]
Axalta celebrates 60 years and reports latest numbers
By Jeff Sanford Toronto, Ontario — February 14, 2016 — Last month employees of Axalta Canada celebrated the 60th anniversary of the company’s operations at its Ajax, Ontario plant. To mark the date Axalta employees gathered at a local hotel and celebrated both Axalta’s 60th year of operations in Canada, but also the 150th business […]
Under the hood: Inside the numbers at Fenix Parts
By Jeff Sanford Toronto, Ontario — November 24, 2015 — Newly minted publicly-traded recycling conglomerate Fenix Parts has been having a bit of a time convincing investors to get into the stock. The company went public in May at $11 a share. But over the past several months the price of shares has swooned, settling […]
Boyd Group announces August 2015 cash distribution
Winnipeg, Manitoba — August 17, 2015 — Boyd Group has announced a cash distribution for the month of August 2015 of $0.041 per trust unit. The distribution will be payable on September 28, 2015 to unitholders of record at the close of business on August 31, 2015. Boyd Group Income Fund’s policy is to pay […]
Boyd Group sales up for Q2 2015
Winnipeg, Manitoba — August 14, 2015 — Boyd Group Income Fund has reported its financial results for the three and six-month periods ended June 30, 2015. Among the highlights from the quarter, Boyd reports sales increased by 37.4 percent to $278.7 million from $202.8 million in 2014, including same-store sales increases of 4.7 percent, adjusted […]
Axalta’s net sales up in second quarter of 2015
By Jeff Sanford Toronto, Ontario — August 5, 2015 — Axalta Coating Systems has announced its financial results for the second quarter today. Net sales were $1.1 billion in Q2 of 2015. This is an increase of 8.2 percent increase over the same period last year, but excludes negative foreign currency translations. Taking the conversions […]
Allstate revenues up in Q2, increase in accidents driving premium increase
By Jeff Sanford Toronto, Ontario — August 5, 2015 — Allstate Corporation has just reported its latest numbers. The company suggests a solid increase in company revenues as premiums increase in the wake of a broad uptick in auto accidents. Allstate provides auto, home, life and retirement policies to customers in Canada and the US. […]
