Canadian corporations earned $75.4 billion in operating profits in the first quarter, down 6.0% from the previous quarter. This decrease followed a 9.1% decline in the fourth quarter of 2014. Overall, operating profits decreased in 12 of 22 industries. In the non-financial sector, operating profits fell 7.9% to $55.7 billion in the first quarter, following a 4.8% decrease the previous quarter. In the financial sector, operating profits fell 0.2% to $19.7 billion. This decrease followed a 19.9% decline in the fourth quarter of 2014. On a year-over-year basis, operating profits for all Canadian corporations decreased ... (full story)