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 (16,038.97, down 28.51 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 48 cents, or 6.00 per cent, to $7.52 on 23.2 million shares. Lundin Mining Corp. (TSX:LUN). Miner. Down 30 cents, or 3.99 per cent, to $7.22 on 12.4 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 14 cents, or... Read More

Class action lawsuit against PayPal alleges hidden currency conversion fees

Class action lawsuit against PayPal alleges hidden currency conversion fees
TORONTO — A class action lawsuit has been filed against PayPal Canada on behalf of an Ontario man alleging that the online payments company charges Canadians hidden currency conversion fees, violating its user agreement. Court documents filed to the Ontario Superior Court on Nov. 24 on behalf of Leonid Kaplan state that when PayPal Canada account holders wish to withdraw foreign currency from their accounts, the... Read More

Christmas tree prices on the rise for first time in almost a decade

Christmas tree prices on the rise for first time in almost a decade
CALGARY — You might have to pay a little more for the evergreen scent of a natural Christmas tree this year as droughts and increased demand have put pressure on prices. Jimmy Downey, president of the Quebec Christmas Tree Growers Association, says his prices are up about 10 per cent this year for the first rise in close to a decade. He says the increase... Read More

National Bank reports fourth-quarter profit up from year ago, raises dividend

National Bank reports fourth-quarter profit up from year ago, raises dividend
MONTREAL — National Bank of Canada raised its dividend as it reported fourth-quarter net income grew to $525 million. The bank (TSX:NA) increased its quarterly payment to its common shareholders by two cents to 60 cents per share. The move came as National Bank says its net income amounted to $1.39 per diluted share for the quarter ended Oct. 31, up... Read More

BlackBerry ordered to pay Nokia $137M by international arbitration panel

BlackBerry ordered to pay Nokia $137M by international arbitration panel
WATERLOO, Ont. — BlackBerry Ltd. says the International Chamber of Commerce’s International Court of Arbitration has ruled against the company in a dispute with Nokia Corp. The arbitration panel awarded Nokia approximately $137 million. BlackBerry says the dispute was related to whether certain payments allegedly due under a patent license contract between the companies were in fact owed to Nokia.... Read More

Canada unprepared for an aging population

Canada unprepared for an aging population
The adverse consequences of an aging population – deficits, debt and slowing economic growth – can be mitigated with prompt action By Jason Clemens and Sasha Parvani The Fraser Institute Canada’s population is aging, like all industrialized countries. But unlike most industrialized countries, Canada is doing almost nothing to prepare for the implications of an older population. And, in some... Read More

New Flyer Industries acquires ARBOC Specialty Vehicles for US$95 million

New Flyer Industries acquires ARBOC Specialty Vehicles for US$95 million
WINNIPEG — Bus maker New Flyer Industries Inc. says it has acquired ARBOC Specialty Vehicles, LLC for US$95 million. ARBOC is focused on low-floor bus technology and produces buses used in transit, paratransit and shuttle applications. The company employs approximately 100 people and has a facility in Middlebury, Ind. New Flyer (TSX:NFI) says ARBOC’s management team will remain in place.... Read More