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 (16,314.42, down 14.54 points) Prometic Life Sciences Inc. (TSX:PLI). Biotechnology. Up two cents, or 3.28 per cent, to 63 cents on 30.3 million shares. Cenovus Energy Inc. (TSX:CVE). Oil and gas. Down 24 cents, or 1.94 per cent, to $12.14 on 12.9 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail... Read More

Ontario will scrap cap and trade, challenge Ottawa’s carbon tax: Doug Ford

Ontario will scrap cap and trade, challenge Ottawa’s carbon tax: Doug Ford
TORONTO — Doug Ford said Friday he will scrap Ontario’s cap-and-trade system and fight a federal carbon tax as soon as his Progressive Conservative cabinet is sworn in later this month because the measures hurt families and do nothing for the environment. To that end, the incoming premier said he will give notice of Ontario’s withdrawal from the carbon pricing market it shares with Quebec and California when he takes office on June 29. Ford, whose... Read More

Japan halts wheat imports after genetically modified wheat found in Alberta

Japan halts wheat imports after genetically modified wheat found in Alberta
CALGARY — The Canadian government is trying to reassure Japan and other trading partners that genetically modified wheat found in southern Alberta is limited to a few plants growing along a remote access road and has not been detected in the wider supply. Japan has temporarily halted imports of Canadian wheat as it reviews the tests that Canadian officials have already done,... Read More

Protester yells ‘our salmon are dying,’ at B.C. premier during news conference

Protester yells ‘our salmon are dying,’ at B.C. premier during news conference
VICTORIA — Premier John Horgan’s news conference about protecting British Columbia’s wild salmon stocks was interrupted by a protester shouting “you sold us out,” and “our salmon are dying.” The woman loudly accused Horgan of allowing the province’s ocean-based aquaculture industry to continue operating while wild salmon stocks are struggling to survive. The woman, who identified herself as Tsastilqualus, says she is from... Read More

B.C. lawyer awarded $1 in suit against client who posted negative online review

B.C. lawyer awarded $1 in suit against client who posted negative online review
VANCOUVER — A British Columbia lawyer has been awarded $1 in damages after suing a former client for posting a negative review online. Vancouver lawyer Kyla Lee and her firm Acumen Law allege in court documents that a Google Plus review calling her the “worstest lawyer” led to a decline in client calls. The reviewer did not respond to the civil claim or appear in... Read More

Canada Goose shares up after better-than-expects results, plans three new stores

Canada Goose shares up after better-than-expects results, plans three new stores
TORONTO — Shares of Canada Goose Holdings Inc. soared nearly 20 per cent in early trading after it reported stronger-than-expected earnings and announced plans for three new stores in North America. Canada Goose shares were up $11.56 or 19.27 per cent at $71.55 in trading on the Toronto Stock Exchange after going as high as $78.30. The increase came as... Read More

CREA cuts home sales forecast, May sales down 16.2% compared with year ago

CREA cuts home sales forecast, May sales down 16.2% compared with year ago
OTTAWA — The Canadian Real Estate Association is lowering its national home sales forecast for this year due to weaker sales in B.C. and Ontario. The industry association which represents about 100,000 real estate agents across Canada said Friday it now expects home sales this year to fall 11 per cent compared with a year ago to 459,900 units this... Read More

Statistics Canada says manufacturing sales fell 1.3% in April to $56.2 billion

Statistics Canada says manufacturing sales fell 1.3% in April to $56.2 billion
OTTAWA — Canadian manufacturing sales unexpectedly fell in April as sales in the petroleum and coal products and transportation equipment industries dropped. Statistics Canada said Friday factory sales dropped 1.3 per cent to $56.2 billion in April, following two consecutive monthly increases. Economists had expected an increase of 0.6 per cent, according to Thomson Reuters Eikon. Manufacturing sales in volume terms... Read More