Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,209.13, down 12.82 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 66 cents, or 7.38 per cent, to $9.60 on 51.9 million shares. Potash Corp. of Saskatchewan (TSX:POT). Fertilizer. Down five cents, or 0.19 per cent, to $25.78 on 21.7 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Down 67 cents, or 2.20... Read More

Alberta’s carbon policies damage province’s competitiveness

Alberta’s carbon policies damage province’s competitiveness
The province already lags behind many American states in key policy areas, including regulatory compliance and taxation By Kenneth P. Green, Elmira Aliakbari & Ashley Stedman The Fraser Institute The Alberta government recently announced new regulations aimed at providing emission-cutting incentives for industry. But it’s getting harder to attract capital to Alberta’s oil and gas industry due to regulatory and... Read More

Long-delayed N.W.T. gas pipeline project cancelled and partnership dissolved

Long-delayed N.W.T. gas pipeline project cancelled and partnership dissolved
CALGARY — Imperial Oil says its much-delayed $16.1-billion project to build a natural gas pipeline across the Northwest Territories from the coast of the Beaufort Sea to northern Alberta has finally been cancelled. In a brief news release posted on its website late last week, the Calgary-based company says the partners in the 1,200-kilometre Mackenzie Gas Project have decided not to... Read More

Manitoba evaluating more than 100 marijuana retail proposals, plans to pick 4

Manitoba evaluating more than 100 marijuana retail proposals, plans to pick 4
WINNIPEG — Manitoba is sifting through more than 100 applications from businesses that want to sell recreational marijuana when it become legal next summer. But the government says it plans to only select up to four companies to operate retail outlets in the province. Blaine Pedersen, Manitoba’s minister of growth, enterprise and trade, says the successful applicants will know by February if they will get... Read More

EgyptAir signs firm order for Bombardier C Series aircraft

EgyptAir signs firm order for Bombardier C Series aircraft
MONTREAL — Bombardier Commercial Aircraft says EgyptAir has signed a firm agreement to purchase a dozen CS300 aircraft along with purchase rights for an additional 12 of the aircraft. EgyptAir’s letter of intent to buy the aircraft was announced Nov. 14 during the Dubai Air Show — about a month after Bombardier announced it would partner with Airbus to manufacture... Read More

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 (16,221.95, up 18.82 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 93 cents, or 11.61 per cent, to $8.94 on 27.3 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up $2.64, or 9.51 per cent, to $30.41 on 12.8 million shares. Aphria Inc. (TSX:APH). Healthcare. Up $1.10, or 6.51 per cent, to $18.00... Read More

Ontario’s carbon pricing future uncertain between cap and trade and carbon tax

Ontario’s carbon pricing future uncertain between cap and trade and carbon tax
TORONTO — Ontario’s first year of carbon pricing brought in nearly $2 billion, but uncertainty looms over the program’s future as the province faces an election in 2018 that could see its cap-and-trade system replaced with a carbon tax. The system, launched in 2017, is aimed at lowering greenhouse gas emissions by putting caps on the amount of pollution companies in certain industries can emit. If they... Read More

PotashCorp, Agrium clear U.S. hurdle, combined company begins trading Jan. 2

PotashCorp, Agrium clear U.S. hurdle, combined company begins trading Jan. 2
CALGARY — Canada’s two largest fertilizer companies say they have received the final regulatory permission required to complete a merger of equals that was originally announced more than 18 months ago. The combined Potash Corporation of Saskatchewan (TSX:POT) and Agrium Inc. (AGU) will be named Nutrien after the deal effectively closes on Jan. 1, subject to customary conditions. Nutrien’s shares are... Read More

First Nations look to grow marijuana industry for economic highs

First Nations look to grow marijuana industry for economic highs
VANCOUVER — Canada’s marijuana industry is expanding rapidly and some First Nations are looking to cash in on the emerging economic opportunities. Phil Fontaine, an Indigenous politician turned marijuana executive, has spent the last year travelling the country and talking to First Nations about jobs, wealth and training opportunities the burgeoning marijuana business could bring. “Everywhere we’ve been, it’s been the same reaction,... Read More

Sobey families consolidate Empire voting shares into single holding company

Sobey families consolidate Empire voting shares into single holding company
STELLARTON, N.S. — The three branches of the Sobey family that control Canada’s second-largest grocery business have decided to put all of their Class B shares of Empire Co. Ltd. into a single holding company. The president of the new holding company, Stewart Mahoney, says the three families believe the new governance structure will be a better way to administer... Read More