Canadian retailers could be helped by a U.S. trade battle with China

Canadian retailers could be helped by a U.S. trade battle with China
MONTREAL — Experts say U.S. President Donald Trump’s plan to impose tariffs on up to US$60 billion of Chinese imports could help Canadian retailers by further easing cross-border shopping. The Retail Council of Canada says that the plan to raise the price of Chinese goods, such as electronics, sold in the United States could prompt more Canadians to shop at home. Council vice president Karl... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,223.74, down 176.19 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 48 cents, or 4.98 per cent, to $10.11 on 10 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up $1.72, or 5.43 per cent, to $33.41 on 7.04 million shares. Manulife Financial Corp. (TSX:MFC). Financial Services. Down 31 cents, or 1.28 per cent, to... Read More

Western Canadian gas producers applaud B.C. LNG industry incentives

Western Canadian gas producers applaud B.C. LNG industry incentives
CALGARY — Western Canada’s natural gas industry is welcoming B.C. government tax incentives aimed at jump-starting the much-delayed West Coast LNG industry. The government says it hopes its moves will result in a positive investment decision later this year for the $40-billion LNG Canada liquefied natural gas export project which was put on hold in 2016 by proponents led by Royal Dutch Shell.... Read More

Alberta tells B.C. to stop opposing pipelines if you don’t like high gas prices

Alberta tells B.C. to stop opposing pipelines if you don’t like high gas prices
CALGARY — Alberta Premier Rachel Notley says if British Columbia wants to keep a lid on gasoline prices it should stop opposing the Kinder Morgan pipeline expansion. The Trans Mountain pipeline expansion would triple the amount of crude flowing from Alberta to a port facility in Burnaby, B.C. B.C. Premier John Horgan said Thursday he would like to see the... Read More

DHX Media CEO says strategic review going well, should be complete by June 30

DHX Media CEO says strategic review going well, should be complete by June 30
HALIFAX — Executives of DHX Media told its annual shareholders meeting in Halifax that they expect a strategic review of its options to be complete by June 30, at the end of its fiscal fourth-quarter and 2018 financial year. Executive chairman Michael Donovan said DHX is evaluating multiple promising opportunities that he hopes will have a positive effect on the company’s... Read More