Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,541.28, up 156.69 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 63 cents, or 5.93 per cent, to $11.26 on 10.4 million shares. Canopy Growth Corp. (TSX:WEED). Health care. Up $3.38, or 11.66 per cent, to $32.37 on 8.9 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up four cents,... Read More

Sears shareholder payments to be reviewed by litigation investigator

Sears shareholder payments to be reviewed by litigation investigator
TORONTO — Superior Court has appointed a litigation investigator to review $3 billion in payments made to Sears Canada shareholders, while the company’s pension fund had a nearly $300 million shortfall. The court has ordered litigation investigator Lax O’Sullivan Lisus Gottlieb LLP to look into the claims and report to a committee of creditors with recommendations about litigation to be pursued. Sears pensioners requested the investigator’s appointment in hopes... Read More

CN Rail ousts CEO Luc Jobin, says it needs energetic leader to move forward

CN Rail ousts CEO Luc Jobin, says it needs energetic leader to move forward
MONTREAL — Canadian National Railway Co. has replaced president and chief executive Luc Jobin, saying its board of directors believes the company needs a more energetic leader who will speed up execution of its strategic vision. The Montreal-based company also said it recognizes the railway has had operational and customer service challenges since last fall when it experienced what the statement called “insufficient network resiliency.”... Read More

RioCan to leverage its retail holdings for rental retail, residential

RioCan to leverage its retail holdings for rental retail, residential
TORONTO — RioCan Real Estate Investment Trust says it will turn some of the retail shopping centres in its portfolio into mixed-use communities that have the potential for more than 20,000 residences in six major Canadian markets. The announcement of the RioCan Living brand on Monday formalizes the real estate trust’s efforts to address the residential market. It says construction has started or will... Read More

Trump tweets that steel, aluminum tariffs stay unless there’s a new NAFTA deal

Trump tweets that steel, aluminum tariffs stay unless there’s a new NAFTA deal
WASHINGTON — President Donald Trump began the week by issuing a pair of early-morning tweets that say American tariffs on imported steel and aluminum will only come off if there’s a new NAFTA agreement that’s fair to the United States. The messages seem to be leverage for his administration’s renegotiation of the North American Free Trade Agreement, which covers trade between the United States,... Read More

Spin Master Corp. buying stuffed toy brand Gund for US$79.1 million

Spin Master Corp. buying stuffed toy brand Gund for US$79.1 million
TORONTO — Spin Master Corp. has signed a deal to buy stuffed toy brand Gund for US$79.1 million or roughly C$102.5 million. The Toronto-based company is acquiring Gund from Enesco LLC, a portfolio company of private equity firm Balmoral Funds. Spin Master says the 120-year-old Gund will help diversify its product line and open up opportunities for broader distribution. The... Read More