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 (15,330.93, down 33.35 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 38 cents, or 3.30 per cent, to $11.15 on 40.8 million shares. Canopy Growth Corp. (TSX:WEED). Health care. Down $1.18, or 4.10 per cent, to $27.62 on 10.1 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up nine cents, or 2.83... Read More

B.C.-based coalition launches campaign to bring ride-hailing to the province

B.C.-based coalition launches campaign to bring ride-hailing to the province
VANCOUVER — Eight organizations in British Columbia are joining forces to advocate for ride-hailing services in the province as soon as possible. The Ridesharing Now BC coalition has been formed by groups including the Vancouver Board of Trade, BC Business Council, Canadian National Institute for the Blind and San Francisco-based on-demand transportation company Lyft. A news release from the coalition says it has... Read More

Los Angeles Times sold to local billionaire for $500 million

Los Angeles Times sold to local billionaire for $500 million
LOS ANGELES — A billionaire doctor struck a $500 million deal Wednesday to buy the Los Angeles Times, ending the paper’s quarrelsome relationship with its Chicago-based corporate overseers and bringing it under local ownership for the first time in 18 years. The agreement between Los Angeles-based medical entrepreneur Dr. Patrick Soon-Shiong (soon-shong) and Tronc Inc. marks the latest instance of... Read More

Pot stocks help boost Toronto market after volatile day, U.S. charges higher

Pot stocks help boost Toronto market after volatile day, U.S. charges higher
TORONTO — Canada’s main stock index moved up in late morning trading on Wednesday, while U.S. markets charged ahead with the Dow Jones industrials posting a triple-digit advance, as global trading stabilized following three days of tumult. The S&P/TSX composite index was up 34.30 points, or 0.23 per cent, to 15,398.23, after 90 minutes of trading, boosted by the health-care sector which includes... Read More

Alberta pension fund buys stake in wind power projects with 20-year contracts

Alberta pension fund buys stake in wind power projects with 20-year contracts
CALGARY — The firm that administers more than $100 billion in Alberta government pensions and other funds says it is buying substantial stakes in two wind power projects that just received 20-year power price guarantees from the province. The Alberta Investment Management Corporation or AIMCo says it has struck a deal with a subsidiary of Rome-based global power company Enel to buy 49 per cent ownership of the projects to be... Read More

Barrick Gold to take US$429-million charge on Pascua-Lama project

Barrick Gold to take US$429-million charge on Pascua-Lama project
TORONTO — Barrick Gold Corp. says it expects to take a US$429-million charge following an order by the Chilean government to close all surface facilities at its troubled Pascua-Lama project high in the Andes mountains. The gold miner says it is reclassifying Pascua-Lama’s 14 million ounces of proven and probable gold reserves, which are based on an open pit mine plan, as... Read More