Tag: decline

New Statistics Canada study suggests decline in citizenship rate tied to income

OTTAWA—New research from Statistics Canada shows fewer immigrants in Canada have become citizens in recent years, especially those with lower incomes. The study released Wednesday reveals that between 1996 and 2016 the tendency of recent immigrants to become citizens declined in all income groups. But for those who had been in Canada between five and…

Magna International's Q2 profit falls 28% amid small decline in revenue

AURORA, Ont. – Shares in Magna International Inc. rose by as much as 4.6 per cent on Thursday despite the auto parts maker cutting its sales forecast for the year and reporting lower second-quarter sales and earnings. The stock traded as high as $ 67.40, up $ 2.99, on Thursday morning, before receding. “We posted…

Tim Cook Needs to Do This to Stem Apple’s Decline

Apple (NASDAQ:AAPL) dropped a bomb on Jan. 2 when it slashed its guidance for the December-ended quarter on account of weaker-than-anticipated iPhone sales. The letter to investors, signed by  CEO Tim Cook, blames weak iPhone sales in Greater China. Cook believes that China’s tepid economic growth and trade tensions with the U.S. led to a decline…