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 (16,133.80, down 10.99 points) Nemaska Lithium Inc. (TSX:NMX). Miner. Down 18 cents, or 15.25 per cent, to $1.00 on 13.4 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up nine cents, or 1.07 per cent, to $8.47 on 10.02 million shares. Neovasc Inc. (TSX:NVC). Medical devices. Up half-a-cent, or 11.11... Read More

Future of massive Nova Scotia wind tower plant remains a mystery

Future of massive Nova Scotia wind tower plant remains a mystery
HALIFAX — It’s among Atlantic Canada’s largest industrial sites — a massive former wind tower manufacturing plant developed with $56 million in provincial funding. But with the clock ticking on a provincial deadline to find a buyer, optimism is low that the former DSME Trenton plant will re-open as a major employer. Last week, Business Minister Geoff MacLellan said the province’s... Read More

No suitors emerge for pipeline project stake as Kinder Morgan deadline looms

No suitors emerge for pipeline project stake as Kinder Morgan deadline looms
CALGARY — With just over a week remaining until the May 31 deadline set for abandoning its Trans Mountain pipeline expansion, no suitors have publicly emerged to step into builder Kinder Morgan Canada Ltd.’s shoes. Analysts and observers say they remain perplexed by Finance Minister Bill Morneau’s comment last week that “plenty of investors would be interested in taking on this project,” after... Read More

Tim Hortons falls to 67th in reputation rankings by Reputation Institute

Tim Hortons falls to 67th in reputation rankings by Reputation Institute
TORONTO — Tim Hortons has seen its ranking take a hit in another study tracking Canada’s most reputable companies. Research firm Reputation Institute says the company has fallen to 67th from 13th place in one of the largest moves down of all 250 companies it analyzed this year, but the brand is still considered to have a “strong reputation.” The... Read More

CIBC reports second-quarter net income up nearly 25 per cent from year ago

CIBC reports second-quarter net income up nearly 25 per cent from year ago
TORONTO — The Canadian Imperial Bank of Commerce’s latest quarterly earnings beat market expectations with a double-digit profit bump on strong earnings south of the border and at home, despite slowing domestic mortgage growth. The Toronto-based lender, which was the first among Canada’s biggest banks to report its results for the second quarter, sat its bottom line helped by its acquisition last June of... Read More