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 (15,257.90, down 4.24 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up four cents, or 0.51 per cent, to $7.93 on 14.4 million shares. B2Gold Corp. (TSX:BTO). Miner. Up 14 cents, or 4.03 per cent, to $3.61 on 9.4 million shares. Champion Iron Limited (TSX:CIA). Miner. Down four cents, or... Read More

Locations of Ontario’s first four recreational pot shops announced

Locations of Ontario’s first four recreational pot shops announced
The locations of Ontario’s first four provincially run cannabis stores have been announced. The Liquor Control Board of Ontario and the Ontario Cannabis Store say the shops will be in Guelph, Kingston, Toronto and Thunder Bay. The agencies say the locations comply with local zoning rules, minimize proximity to schools and factor in where illegal dispensaries are currently operating. Forty stores are... Read More

Vancouver rules for short-term rentals to ease city’s vacancy rate: mayor

Vancouver rules for short-term rentals to ease city’s vacancy rate: mayor
VANCOUVER — The city of Vancouver is moving to legalize short-term rental accommodation like Airbnb but operators will only be able to advertise their principal residence. Vancouver Mayor Gregor Robertson said Wednesday that new regulations to be enacted next week are designed to protect and free up rental housing in response to a critically low vacancy rate. “The goal of the city is... Read More

Nearly half of existing mortgages face renewal in 2018: CIBC report

Nearly half of existing mortgages face renewal in 2018: CIBC report
TORONTO — Nearly half of all existing mortgages in Canada will need to be renewed this year, substantially more than in prior years, according to a new report, amid rising interest rates and new rules that make it tougher for some borrowers to shop around. A CIBC Capital Markets report suggests an estimated 47 per cent of all existing mortgages will need... Read More

If Canada has a plan to save Trans Mountain, cabinet isn’t saying

If Canada has a plan to save Trans Mountain, cabinet isn’t saying
OTTAWA — The Trudeau government held an emergency cabinet meeting Tuesday aimed at salvaging the Trans Mountain pipeline expansion but did not come up with plan — at least not one ministers are prepared to talk about yet. Hours earlier, Alberta Premier Rachel Notley upped the ante, saying Alberta is not only prepared to invest in the pipeline, it is prepared to take it... Read More

Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue

Postmedia Q2 loss falls as cost-cutting, tax credit offset lower revenue
TORONTO — Postmedia Network Canada Corp. says its net loss for the quarter ended Feb. 28 was reduced to $1.3 million, down from $28.5 million a year earlier, despite a continued decline in revenue at its newspaper operations. The Toronto-based company, which owns the National Post and numerous other paper and digital publications, says the reduced loss was mainly due to... Read More

Alberta premier says province prepared to buy Trans Mountain pipeline outright

Alberta premier says province prepared to buy Trans Mountain pipeline outright
EDMONTON — Alberta Premier Rachel Notley says the province will buy the Trans Mountain oil pipeline project if that’s what it takes to get it built. “We are considering a number of financial options to ensure that the Trans Mountain expansion is built, up to and including purchasing the pipeline outright if were to come to that,” Notley said in the... Read More