Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,074.30, up 0.72 of a point) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 32 cents, or 4.98 per cent, to $6.74 on 20.3 million shares. The Alberta-based cannabis producer has signed a deal to acquire greenhouse design firm Larssen Ltd. Aurora says it intends to use its ownership of Larssen to pressure other... Read More

Higher gas prices help boost retail sales in September

Higher gas prices help boost retail sales in September
OTTAWA — Higher gasoline prices helped bump retail sales higher in September, but economists said it appears consumer spending has cooled after a hot start to the year. Statistics Canada said Thursday retail sales edged up 0.1 per cent to $49.1 billion in September, boosted by sales at gasoline stations as prices climbed due to disruptions caused by hurricane Harvey. However,... Read More

Changes to passive income rules could net feds $6 billion, PBO says

Changes to passive income rules could net feds $6 billion, PBO says
OTTAWA — Parliament’s spending watchdog says Liberal changes to passive investment rules for small businesses could rake in up to $6 billion annually in new tax revenues after a decade. The parliamentary budget office’s report out today says the new tax revenues would likely start out at up to $1 billion in the first year that new rules come into effect,... Read More

CPPIB buying 30 per cent interest in BGL Group for $1.1 billion

CPPIB buying 30 per cent interest in BGL Group for $1.1 billion
TORONTO — The Canada Pension Plan Investment Board has signed a $1.1-billion deal to acquire a 30 per cent stake in BGL Group, a digital distributor of insurance and financial services. BGL Group’s brands include Comparethemarket.com, LesFurets.com and online life insurer BeagleStreet.com. Under the deal, CPPIB will nominate a non-executive director to represent it on the BGL board. BHL, the... Read More