Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,951.67, down 3.84 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Up eight cents, or 0.69 per cent, to $11.70 on 20.5 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents, or 1.16 per cent, to $3.48 on 6.9 million shares. U.S.-based aircraft giant Boeing Co. says it is waiting for... Read More

Notley says B.C. will face consequences over plan to ban increased oil shipments

Notley says B.C. will face consequences over plan to ban increased oil shipments
EDMONTON — Alberta Premier Rachel Notley says there will be consequences for British Columbia over the province’s latest attempt to hinder expansion of the Kinder Morgan Trans Mountain oil pipeline. Notley is holding an emergency cabinet meeting to discuss what range of legal and economic levers Alberta can pull in its spat with its neighbour to the west. Notley cited interprovincial trade in... Read More

Health care just the latest industry Amazon seeks to upend

Health care just the latest industry Amazon seeks to upend
NEW YORK — When Amazon sets its sights on a new industry, corporate America shudders. The latest example came Tuesday, when the online retailing giant said it is working with Berkshire Hathaway and JPMorgan Chase to create a company to offer affordable health care to their employees. Stocks of health insurers tumbled, erasing billions of dollars in shareholder value. It... Read More

CGI Group expects tax changes in U.S. and Europe will add $40 million to profits

CGI Group expects tax changes in U.S. and Europe will add $40 million to profits
MONTREAL — CGI Group Inc. expects that global tax changes, particularly in the United States, will increase its profit this year by about $40 million or about four per cent of last year’s net earnings. Most of the gain comes from Washington’s move to cut the U.S. corporate tax rate to 21 per cent from 35 per cent and a... Read More

Suncor Energy says driverless trucks will eliminate a net 400 positions

Suncor Energy says driverless trucks will eliminate a net 400 positions
CALGARY — Suncor Energy says its deployment of driverless hauling trucks at its oilsands mines in northern Alberta will result in a net loss of about 400 full-time equivalent positions. Chief operating officer Mark Little says implementation will remove the need for about 500 people now involved in operating the bitumen ore haulers at Suncor’s Base Camp and Fort Hills mines. But... Read More

Bakers, grocers met to reach deals on bread prices, competition watchdog alleges

Bakers, grocers met to reach deals on bread prices, competition watchdog alleges
OTTAWA — Newly released court documents related to an alleged industry-wide bread-price fixing case show the Competition Bureau believes at least seven companies, including Canada’s three major grocers, committed indictable offences under the Competition Act. The previously sealed information to obtain documents explain the Competition Bureau requested search warrants to enter and search the premises and records of seven companies because it had reasonable grounds to believe... Read More

Canadian drillers moving rigs south to chase better prospects in Texas oilfields

Canadian drillers moving rigs south to chase better prospects in Texas oilfields
CALGARY — A growing number of Canadian drilling rigs are being moved south of the border to take advantage of brighter prospects for oil and gas in the United States — and observers say it’s unlikely they will ever return home. A week ago, Calgary-based Akita Drilling Ltd. announced it would enter the U.S. market by moving a rig from Western Canada... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,955.51, down 139.21 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down $1.34, or 10.34 per cent, to $11.62 on 19.4 million shares. NGEx Resources Inc. (TSX:NGQ). Miner. Up five cents, or 4.55 per cent, to $1.15 on 16.5 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down 16 cents, or 4.44 per cent,... Read More

Suncor phasing in 150 autonomous haul trucks, job cuts expected by 2019

Suncor phasing in 150 autonomous haul trucks, job cuts expected by 2019
CALGARY — Suncor Energy Inc. says over the next six years it expects to deploy more than 150 electric autonomous haul trucks at its company operated-mines — a move expected to decrease its equipment operator positions as early as 2019. The Calgary-based oil and gas firm says it will continue to work with the union on strategies to minimize workforce impacts, with... Read More

Thomson Reuters in talks with Blackstone regarding potential partnership

Thomson Reuters in talks with Blackstone regarding potential partnership
TORONTO — Thomson Reuters Corp. is in advanced talks with private equity firm Blackstone regarding a potential partnership in its financial and risk business. However, the company cautioned that the discussions may or may not lead to a definitive agreement. “Thomson Reuters does not expect to comment further on market speculation or disclose any further developments unless and until it... Read More