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 (15,589.39, down 121.94 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 15 cents, or 1.37 per cent, to $10.80 on 9.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up two cents, or 0.53 per cent, to $3.77 on 7.98 million shares. Neovasc Inc. (TSX:NVC). Medical devices. Down 1.5 cents, or... Read More

Analyst warns British Columbia gas prices could soon hit a record high

Analyst warns British Columbia gas prices could soon hit a record high
VANCOUVER — Drivers in British Columbia should brace for record high gasoline prices this summer and the financial pain has the potential to spread across the country, says a petroleum industry analyst. Dan McTeague of the online tech company GasBuddy predicts that beginning in April and continuing to September, gasoline prices across much of B.C.’s south coast will hover around $1.60 a litre.... Read More

Pot producer Tilray links up with pharma firm Sandoz Canada

Pot producer Tilray links up with pharma firm Sandoz Canada
TORONTO — Licensed medical marijuana producer Tilray Inc. has formed an exclusive alliance with Sandoz Canada, in what it says is the first collaboration between a cannabis producer and a local affiliate of so-called Big Pharma. Tilray, headquartered in Toronto with production facilities in British Columbia, has signed a binding letter of intent with the Quebec-based affiliate of Sandoz International GmbH, part of global... Read More

Vancouver-based Klondex Mines bought up by Hecla Mining in $605 million deal

Vancouver-based Klondex Mines bought up by Hecla Mining in $605 million deal
VANCOUVER — Hecla Mining Co. says it’s buying Vancouver-based gold miner Klondex Mines Ltd. for $605 million with a mix of cash and shares. Idaho-based Hecla will gain control of Klondex’s Fire Creek, Midas, and Hollister underground gold mines in Nevada, while Klondex will spin out its True North mining operations in Manitoba into a new entity for existing shareholders. Hecla says its... Read More

Via Rail to launch process to buy new trains with federal funding announcement

Via Rail to launch process to buy new trains with federal funding announcement
ETOBICOKE, Ont. — Via Rail is preparing to launch a process to replace aging trains on its main Canadian corridor after federal Transport Minister Marc Garneau announced funding Monday by the government. The national passenger service says it will launch a request for qualifications, followed by a request for proposals. The unspecified funding to replace its fleet in the Quebec City... Read More

Aimia shares surge after partnering with Amazon.ca for Aeroplan members

Aimia shares surge after partnering with Amazon.ca for Aeroplan members
MONTREAL — Shares of Aeroplan parent company Aimia Inc. surged 10 per cent Monday after the company announced a partnership with Amazon. Aimia’s shares gained 16 cents at $1.76 in morning trading on the Toronto Stock Exchange, paring some of last week’s losses after the company announced that members would no longer be able to earn miles at Esso gas stations starting June... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: The future, revealed Economic Development Minister Navdeep Bains will announce a “major investment” in 5G technology on Monday. 5G networks have been heralded as the next generation of mobile internet connectivity, offering network connections that are multitudes faster than today’s, and allowing for growth... Read More