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 (16,202.69, up 9.91 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 34 cents, or 3.53 per cent, to $9.30 on 19.3 million shares. Trican Well Service Ltd. (TSX:TCW). Oil and gas. Down two cents, or 0.63 per cent, to $3.13 on 12.7 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up... Read More

Business groups look forward to Ford’s industry-friendly policies, seek details

Business groups look forward to Ford’s industry-friendly policies, seek details
Incoming Ontario premier Doug Ford promised a business-friendly government during the provincial election campaign, but now industry groups want the details about what that is going to look like. “Now what we want is definition of the mandate,” said Rocco Rossi, president of the Ontario Chamber of Commerce. “Because it’s not enough to say, ‘We’re open for business.’ What is... Read More

A quick rundown of the six leaders meeting with Trudeau at the G7

A quick rundown of the six leaders meeting with Trudeau at the G7
Canada plays host starting Friday to the leaders of the G7 countries. Here are some quick details about the six leaders who will be meeting with Prime Minister Justin Trudeau. France: Emmanuel Macron In current office since: 2017 Party: La Republique En Marche!, which Macron founded, has been described as centrist, social democratic and liberal. Age: 40 Born in: Amiens, France.... Read More

Flexiti Financial taking over TD’s private label credit card portfolio

Flexiti Financial taking over TD’s private label credit card portfolio
TORONTO — Flexiti Financial says it’s acquiring TD Financing Services’ Canadian private label credit card portfolio valued at roughly $250 million. The Toronto company, which provides point-of-sale financing and payment technology, said the transaction provides it with a million new credit card customers and 900 new store locations for its network. The added locations bring Flexiti’s total network to 3,500 and make it a leading... Read More

QuickStats: Facts and figures about employment in Canada in May

QuickStats: Facts and figures about employment in Canada in May
OTTAWA — A quick look at May unemployment (previous month in brackets): Unemployment rate: 5.8 per cent (5.8) Employment rate: 61.5 per cent (61.6) Participation rate: 65.3 per cent (65.4) Number unemployed: 1,151,600 (1,155,000) Number working: 18,596,200 (18,603,700) Youth (15-24 years) unemployment rate: 11.1 per cent (11.1) Men (25 plus) unemployment rate: 5.2 per cent (5.3) Women (25 plus) unemployment... Read More

Pace of new housing construction slows in May, as multi-unit projects slide

Pace of new housing construction slows in May, as multi-unit projects slide
OTTAWA — Canada Mortgage and Housing Corp. says the pace of new housing construction slowed in May, largely because of a 16.4 per cent decline in multi-unit projects in urban areas after several months of above-average activity. The federal agency says the seasonally adjusted rate of housing starts for all of Canada was 195,613 units in May, down from 216,775... Read More

7,500 jobs lost in May, unemployment rate holds steady at 5.8 per cent

7,500 jobs lost in May, unemployment rate holds steady at 5.8 per cent
OTTAWA — The economy lost 7,500 jobs in May as a drop in full-time employment was only partially offset by an increase in part-time jobs, Statistics Canada said Friday. The agency reported the dip as the unemployment rate held steady at 5.8 per cent for the fourth consecutive month. Economists had expected an increase of 17,500 jobs, according to Thomson... Read More