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 (15,983.32, up 23.82 points) Neovasc Inc. (TSX:NVC). Medical devices. Down 1.5 cents, or 23.08 per cent, to five cents on 12.6 million shares. ECN Capital Corp. (TSX:ECN). Financial Services. Up 10 cents, or 2.91 per cent, to $3.54 on 7.1 million shares. Enbridge Inc. (TSX:ENB). Oil and gas.... Read More

Hawaii officials plead for visitors to keep travel plans

Hawaii officials plead for visitors to keep travel plans
VOLCANO, Hawaii — Warnings that Hawaii’s Kilauea volcano could shoot boulders and ash out of its summit crater are prompting people to rethink their plans to visit the Big Island. But most of the rest of the island is free of volcanic hazards, and local tourism officials are hoping travellers will recognize the Big Island is ready to welcome them. Rachel Smigelski-Theiss... Read More

Canadian pot growers say marijuana byproduct a wasted opportunity for industry

Canadian pot growers say marijuana byproduct a wasted opportunity for industry
VANCOUVER — Licensed marijuana producers in Canada are throwing out thousands of kilograms of plant waste each year in what some of them say is a missed opportunity to find other uses for the byproduct. Health Canada’s destruction policy for producers makes it impossible to benefit or learn from the potentially valuable waste product, said Terry Lake, the vice-president of corporate social responsibility at Hydropothecary, a licensed producer in... Read More

Alberta pipeline incident rate fell in 2017, energy regulator reports

Alberta pipeline incident rate fell in 2017, energy regulator reports
CALGARY — The Alberta Energy Regulator says there were hundreds of pipeline safety incidents in the province last year but the rate has improved significantly in the past decade. In its annual report on pipeline performance, it says incidents fell by nearly half, from 800 in 2008 to 417 in 2017, despite the total length of provincially regulated pipelines growing by 11 per cent... Read More

Wages rise as job numbers see slight decline, unemployment rate sticks at 5.8%

Wages rise as job numbers see slight decline, unemployment rate sticks at 5.8%
OTTAWA — Wage growth in April reached its highest level in nearly six years as the economy posted a slight net loss of 1,100 jobs and an unemployment rate that held steady at 5.8 per cent. Statistics Canada released a new jobs report Friday that showed average hourly wages last month were 3.6 per cent higher than they were a year earlier. It was the monthly reading’s... Read More

Power Corp. profit more than doubles to a record $525 million in first quarter

Power Corp. profit more than doubles to a record $525 million in first quarter
MONTREAL — Power Corp. says its net earnings more than doubled to a record $525 million in the first quarter. The Montreal-based holding company — whose assets include Power Financial, Sagard Investment Funds and China Asset Management Co. — beat expectations after earning $1.13 per share for the period ended March 31. That compared with $258 million or 56 cents per share in... Read More

WestJet promises full refunds on flights cancelled by pilot strike

WestJet promises full refunds on flights cancelled by pilot strike
MONTREAL — WestJet Airlines is promising to provide full refunds if flights are cancelled because of a possible pilots strike. In response to passenger tweets expressing anxiety about their upcoming vacations, the Calgary-based airline says it understands the concerns. WestJet says the refund would be in the original form of payment. However, a passenger said that simply offering a refund may not... Read More

Onex reports US$158-million first-quarter loss, raises quarterly dividend

Onex reports US$158-million first-quarter loss, raises quarterly dividend
TORONTO — Onex Corp. reported a loss in its latest quarter, a day after it raised its quarterly dividend by 17 per cent. The private equity firm, which keeps its books in U.S. dollars, reported a loss attributable to shareholders of US$158 million or $1.56 per share. That compared with a loss attributable to shareholders of $911 million or $8.88... Read More