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…
Archives
Calgary police seek suspect wanted for sexual assault
Police are looking for the public’s help to track down a Calgary offender.
Nearly half of Canadians are opposed to university protest encampments, poll suggests
A new opinion poll suggests nearly half of Canadians oppose the pro-Palestinian encampments that have cropped up on some university campuses.
Letters May 8, 2024: ‘Trudeau is just following in his father’s footsteps.’
A lot like dad It’s fascinating watching Justin Trudeau’s career implode. If you’ve been around long enough, you’ll realize it’s not too dissimilar to that of his father’s. As that acclaimed philosopher Yogi Berra said, “It’s like déjà vu all over again.” The elder Trudeau (younger at the time) became leader when it could best […]
Ontario Provincial Police to announce results of child sexual exploitation investigation
Ontario Provincial Police will be releasing details Wednesday of a multi-jurisdictional child sexual exploitation investigation.
Montreal to carry out annual warning siren test
The City of Montreal is slated to test out its annual warning siren test Wednesday.
There is no concern about a ‘diminished supply’ of doctors in Ontario: ministry
Recruitment and retention of doctors in Ontario is “not a major concern,” the Ministry of Health suggests in arguments it is making in arbitration with the Ontario Medical Association over physician compensation.
Detectives Investigating Motorcycle Collision in Smithville
On Tuesday, May 7, 2024, at approximately 2:15pm, 8 District (Grimsby/Lincoln) uniform officers attended the area of St. Catharines Street and Industrial Park Road in the Town of Smithville for a serious single motorcycle collision. Read more…
Vancouver police budget increased by nearly half a million dollars for beach booze pilot
The Vancouver Police Department has added another $450,000 to its financials, growing the department’s budget for this year to over $415 million.
Harper hits grand slam, streaking Phillies rout Blue Jays 10-1
Bryce Harper hit a grand slam, Cristopher Sánchez pitched seven strong innings and the red-hot Philadelphia Phillies routed the Toronto Blue Jays 10-1 on Tuesday night.
