Suddenly Sunday: Trudeau to talk Trans Mountain with B.C., Alberta premiers

Suddenly Sunday: Trudeau to talk Trans Mountain with B.C., Alberta premiers
OTTAWA — The federal government needs more face time with the main players in the Trans Mountain pipeline impasse to push the controversial expansion project forward, says Finance Minister Bill Morneau — a sentiment his boss obliged in dramatic fashion Thursday, moments before jetting off to Peru. The door to Prime Minister Justin Trudeau’s Airbus was barely closed before word emerged... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,269.27, up 11.37 points) Neovasc Inc. (TSX:NVC). Medical devices. Unchanged at 6.5 cents on 10.8 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 11 cents, or 1.39 per cent, to $8.04 on 6.6 million shares. Trinidad Drilling Ltd. (TSX:TDG). Oil and gas. Up 12 cents, or 6.52 per... Read More

Home prices continue to climb in B.C., despite dramatic sales decline: BCREA

Home prices continue to climb in B.C., despite dramatic sales decline: BCREA
VANCOUVER — Home sales in British Columbia plummeted last month compared with March of last year, but the B.C. Real Estate Association says the decline was not reflected in prices. Sales figures released by the association for March show 7,409 homes changed hands last month, a decline of 24.6 per cent over March 2017, while average property prices climbed 5.3 per cent over... Read More

AP FACT CHECK: Facebook makes shaky data and privacy claims

AP FACT CHECK: Facebook makes shaky data and privacy claims
Facebook CEO Mark Zuckerberg made several assertions about Facebook’s data collection and privacy controls during two days of hearings on Capitol Hill. Those included claims that Facebook lets you download your data and take it elsewhere; that users can turn off data collection for advertising purposes; and that Facebook tracks users even when they’re not on Facebook itself, but only... Read More

Shaquille O’Neal to open luxury high-rise in New Jersey

Shaquille O’Neal to open luxury high-rise in New Jersey
NEWARK, N.J. — Former NBA star Shaquille O’Neal is opening a high-rise apartment complex in New Jersey’s largest city. O’Neal was joined by city and state officials on Tuesday in Newark for a news conference to discuss the project. The Newark native partnered with New Brunswick-based Boraie Development and Goldman Sachs to build the $79 million complex. The 22-story tower... Read More

Shaw stock up sharply as strong Q2 results offset restructuring concerns

Shaw stock up sharply as strong Q2 results offset restructuring concerns
TORONTO — Shaw Communications Inc. shares were up about ten per cent Thursday as strong operational performance by its main business units offset concerns about $417 million in restructuring-related costs booked in its second quarter. Shaw’s B shares were at $26.49, up $2.42 or 10.02 per cent, after the company reported it had a $164-million loss in its latest quarter, mostly because... Read More

Construction is booming in North Korea, but who’s paying?

Construction is booming in North Korea, but who’s paying?
PYONGYANG, Korea, Democratic People’s Republic Of — Beachfront, five-star hotels? Skyscrapers just blocks from Kim Il Sung Square? North Korea is racing forward with major development projects some experts believe are aimed at expanding a market for rented or privately owned real estate to help fortify the finances of Kim Jong Un’s regime against the bite of sanctions over its... Read More

Trudeau off to Peru amid unresolved Trans Mountain pipeline crisis

Trudeau off to Peru amid unresolved Trans Mountain pipeline crisis
OTTAWA — Prime Minister Justin Trudeau is en route to Peru for the first stop in a 10-day foreign tour, despite continuing questions at home about the fate of Kinder Morgan’s Trans Mountain pipeline. Trudeau took off from Ottawa at lunchtime, leaving the explosive pipeline debate unresolved as he prepared for this week’s Summit of the Americas in Lima. He will... Read More

Shaw Communications reports second-quarter loss due to restructuring costs

Shaw Communications reports second-quarter loss due to restructuring costs
CALGARY — Shaw Communications Inc. reported a loss in its latest quarter as it was hit by charges related to a massive restructuring that will see about a quarter of its employees leave the company through a voluntary program. The telecommunications company said it lost $164 million or 33 cents per share for the quarter ended Feb. 28 as it... Read More

Cannabis firms use creative marketing tactics to skirt strict regulations

Cannabis firms use creative marketing tactics to skirt strict regulations
TORONTO — At a gallery in Toronto’s west end, people sip champagne, dine on canapes and listen to a panel discussion on mindfulness; the product they are here to fete is nowhere to be found, but brand elements are peppered everywhere, including mugs held by the panellists. “Did you ever think that you would be at a cannabis brand launch?” said Linda Burlison,... Read More