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 (15,604.79, up 26.98 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 32 cents, or 2.82 per cent, to $11.65 on 7.4 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down four cents, or 1.07 per cent, to $3.71 on 5.2 million shares. The Montreal-based company is awaiting the causes of two deadly... Read More

U.S. tariffs raise risk Canada will fall prey to foreign steel dumping

U.S. tariffs raise risk Canada will fall prey to foreign steel dumping
OTTAWA — The president of the Canadian Steel Producers Association says Canada may be off the hook for now from American steel and aluminum tariffs but it is still at risk from a glut of foreign steel. Joseph Galimberti says Canada has to work very quickly to identify possible attempts to circumvent the U.S. tariffs by sneaking steel in through Canada and must be prepared... Read More

Smithers Pellet Ltd to redevelop particle board facility to produce pellets

Smithers Pellet Ltd to redevelop particle board facility to produce pellets
VANCOUVER — Pinnacle Renewable Holdings Inc. says it’s moving forward with plans to redevelop an existing Smithers, B.C., particle board facility to produce wood pellets. The company is redeveloping the site under the Smithers Pellet Limited Partnership, in which it owns a 70 per cent interest and West Fraser Timber Co Ltd. owns the rest. Pinnacle says the facility will have an annual... Read More

Apple buying Texture digital magazine service from group that includes Rogers

Apple buying Texture digital magazine service from group that includes Rogers
TORONTO — Apple Inc. is buying the Texture digital magazine service created by a group of publishers that includes Rogers Media. The California-based technology giant didn’t say how much it will pay to acquire Texture from Next Issue Media LLC, which has offices in Menlo Park, Calif., and New York. Texture was launched in 2010. The service provides unlimited digital... Read More

Minister launches new agency, Invest in Canada, to pursue investors

Minister launches new agency, Invest in Canada, to pursue investors
OTTAWA — International Trade Minister Francois-Philippe Champagne is rolling out a new investment agency designed to promote Canada as a destination for investors. He has named two top businessmen to run it. He says Invest in Canada will be led by Mitch Garber as board chair and Ian McKay as CEO. Garber is a business executive and philanthropist who is a co-investor and chairperson of Cirque... Read More

Canadian company Creepex building creepers for Elon Musk’s SpaceX

Canadian company Creepex building creepers for Elon Musk’s SpaceX
A Canadian company has been chosen by Elon Musk’s SpaceX to provide special creeper seats designed to help workers inspect its Falcon 9 rockets. Creepex designed the so-called “under rocket mobility seats” after being contacted by a SpaceX engineer. The seats allow engineers to work comfortably under the belly of the rockets. They have a powered back rest that can recline... Read More

Canadian household debt hits $1.8T as report warns of domestic risk

Canadian household debt hits $1.8T as report warns of domestic risk
TORONTO — Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning that the country’s banking system is at risk from rising debt levels. Equifax Canada says consumers now owe $1.821 trillion including mortgages as of the fourth-quarter of 2017, marking a six per cent increase from a year earlier. Although nearly half of Canadians... Read More