TORONTO, Dec 2 (Reuters) – Clothing maker Gildan Activewear
Inc (GIL.TO: Quote, Profile, Research, Stock Buzz) (GIL.N: Quote, Profile, Research, Stock Buzz) posted a 34 percent rise in quarterly
profit on Thursday, but its 2011 financial forecast fell short
of expectations, sending its shares 7 percent lower.

Gildan forecast sales of more than $300 million in the
first quarter of fiscal 2011, which began Oct. 4. That is 40
percent higher than the year-earlier period, but it said gross
margins would be about 25 percent, down from 29.8 percent in
the first quarter of 2010.

TORONTO, Nov 23 (Reuters) – Canada’s Alimentation
Couche-Tard (ATDb.TO: Quote, Profile, Research, Stock Buzz) said it will seek new opportunities to
expand its convenience store network, undeterred by the
collapse of its $2 billion bid for a U.S. competitor this
fall.

The company, Canada’s largest convenience store operator,
on Tuesday restated its determination to grow through
acquisitions as it posted a stronger-than-expected increase in
quarterly earnings and raised its dividend by 25 percent. Its
shares rose more than 3 percent.

TORONTO, Nov 18 (Reuters) – Toronto’s main stock index was
bolstered by surging energy and mining issues on Thursday,
while easing worries over Ireland’s debt crisis and strong
interest in General Motors’ IPO helped power market optimism.

Suncor Energy (SU.TO: Quote, Profile, Research, Stock Buzz) was the biggest market mover,
climbing 3.9 percent to C$34.90, in step with oil prices that
rebounded more than 2 percent after this week’s losses. The
heavyweight energy sector jumped 2.2 percent.

TORONTO, Nov 18 (Reuters) – Toronto’s main stock index was
bolstered on Thursday by surging energy and mining issues, as
easing worries over Ireland’s debt crisis and strong interest
in General Motors’ IPO helped power market optimism.

Suncor Energy (SU.TO: Quote, Profile, Research, Stock Buzz) was the biggest market mover,
climbing 3.9 percent to C$34.90, in step with oil prices that
rebounded more than 2 percent after this week’s losses. The
heavy-weight energy sector jumped 2.2 percent.

TORONTO (Reuters) – A strong domestic economy and relatively modest retail rental rates have hiked demand for retail property in Canada, with U.S. companies lining up to try out a market that’s stronger than the faltering one at home.

New entrants include Victoria’s Secret, a unit of Limited Brands (LTD.N: Quote, Profile, Research, Stock Buzz), which brought its sexy lingerie and supermodels to the Toronto and Edmonton areas this year, opening stores to excited crowds.

TORONTO, Nov 18 (Reuters) – Toronto’s main stock index
climbed more than 1 percent on Thursday morning, with resource
issues leading the broad-based rally, while strong demand for
General Motors’ stock and easing worries over Ireland’s debt
crisis lifted investors’ mood.

Oil prices rebounded after four-days of retreat, sending
Suncor Energy (SU.TO: Quote, Profile, Research, Stock Buzz) shares up 2.4 percent to C$34.40 and
Canadian Natural Resources (CNQ.TO: Quote, Profile, Research, Stock Buzz) up 2.5 percent to C$39.75.
The overall energy group rose 1.8 percent.

TORONTO, Nov 17 (Reuters) – Two of Canada’s largest
grocers, Loblaw Cos (L.TO: Quote, Profile, Research, Stock Buzz) and Metro Inc (MRUa.TO: Quote, Profile, Research, Stock Buzz), posted
higher quarterly profits on Wednesday but an inability to raise
prices in a highly competitive market held back their results.

Both companies reported lower same-store sales. Loblaw
said sales at stores open for at least a year fell 0.4 percent,
while Metro reported 0.5 percent drop in same-store sales.

TORONTO, Nov 16 (Reuters) – Teenage boys, already the
riskiest of drivers, have a “significantly” higher chance of
being in a serious traffic accident if they also have a history
of disruptive behavior, Canadian researchers said this week.

The researchers said a diagnosis of disruptive behavior
disorders like attention deficit hyperactivity disorder (ADHD)
increase the chance of a car accident by one-third among
teenage boys, a similar increase to that seen for individuals
with epilepsy, diabetes and other diseases.

TORONTO, Nov 15 (Reuters) – Toronto’s main stock index was
slightly higher on Monday morning as banks led a broad rebound
from Friday’s selloff, but a decline by Potash Corp (POT.TO: Quote, Profile, Research, Stock Buzz)
tempered gains.

Potash shares were down 2.2 percent, at C$138.31 and the
biggest market mover. Fellow fertilizer producer Agrium Inc
(AGU.TO: Quote, Profile, Research, Stock Buzz) slid 2.6 percent to C$79.55.

TORONTO, Nov 9 (Reuters) – Troubled Canadian biotech
company Angiotech Pharmaceuticals Inc (ANP.TO: Quote, Profile, Research, Stock Buzz) said it had
entered into a temporary loan agreement to carry it through to
its planned recapitalization, as it reported a wider quarterly
loss on Tuesday.

Late last month, the maker of specialty pharmaceuticals and
medical devices announced a recapitalization plan that would
cut its debt by $250 million, or just under half the total.