The Daily Chase: TSX earnings bonanza; Toronto home sales plummet - BNN Bloomberg

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‼️ TSX earnings bonanza 🏡Toronto home sales sink 47% in July 🛢️WTI dips below US$90 Here’s what you need to know today:

at Tim Hortons , though that’s not surprising considering how the business was ravaged during COVID lockdowns. In a release, RBI CEO José Cil said Tims had an “exceptional” quarter in Canada, and that he believes “there is a long runway” for the coffee and doughnut chain that had so many setbacks the last couple of years. Cil joins us at 1:40 p.m. ET.provide a snapshot of potential vulnerabilities in the housing market, as it set aside $4.7 million for loans that could go bad.

For the most recent quarter, the embattled engineering company barely managed to turn a profit , which it blames on the cost of its remediation agreement in Quebec over transgressions tied to the Jacques Cartier Bridge contract.and revenue were in line with estimates; from a news value standpoint, we’re more interested in any fresh developments on the proposed purchase of Freedom Mobile deal. This morning, the company said it secured committed debt financing for that transaction.

 

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