The stock of Shopify (SHOP) is down 18% after the Ottawa-based e-commerce company reported a surprise loss for its fiscal first quarter.Shopify announced a loss of $0.21 U.S. per share, which was much worse than a profit of $0.09 U.S. that was the consensus expectation of analysts who cover the company. Revenue in the quarter totaled $1.90 billion U.S., which topped Wall Street estimates of $1.83 billion U.S. Sales rose 23% from a year earlier. The value of orders processed on the company’s e-commerce platform increased more than 20% year over year to $60.90 billion U.S.The financial loss in…
Author: maitken
Calgary police seek suspect wanted for sexual assault
Police are looking for the public’s help to track down a Calgary offender.
‘I love being doubted’: Canucks’ coach embraces underdog role ahead of Round 2
Rick Tocchet doesn’t mind the fact that his Vancouver Canucks aren’t favoured to win against their next playoff opponent.
Crown appealing acquittal in dangerous driving crash that killed B.C. child
The BC Prosecution Service is appealing the not-guilty verdict for a man charged in a tragic crash that killed a Vancouver child.
‘Deeply disturbing’ that Legault asked police to dismantle McGill encampment: opposition parties
The pro-Palestinian protesters at McGill University say they have no plans to leave their encampment, despite a closed-door meeting with the school administration and calls from the premier for the demonstration to be shut down.
Oilers fans in B.C. brace for Canucks playoff rivalry
The Vancouver Canucks secured a second-round playoff date last week with the Edmonton Oilers. In the days since, both fan bases have been sizing up their Canadian competition.
Alberta announces committee to help speed up oilsands tailings reclamation
The Alberta government has appointed a new committee to look into ways to speed up the reclamation of the large and growing tailings ponds in the province’s oilsands.
Fans should be skeptical, but maybe Travis Green is right choice as Ottawa Senators coach
Before and after Tuesday’s official announcement – Travis Green has been hired to be the Ottawa Senators’ head coach – fans were lighting up social media with criticism. The reaction was swift, with many fingers pointing at the Senators for more of the “same old, same old, bad hire … bad hire.” Why not Craig […]
Alberta ombudsman says rules for developmental disabilities program unfair
Alberta’s provincial ombudsman says a government body has unfairly denied a young man with autism the supports he needs.
Prince Harry won’t see dad King Charles during UK trip
Prince Harry will not be seeing his father King Charles during his current visit to Britain as the monarch will be too busy, Harry’s spokesperson said on Tuesday.
