SNC-Lavalin reaches agreement to repay Quebec municipalities for contracts

SNC-Lavalin reaches agreement to repay Quebec municipalities for contracts
MONTREAL — Engineering giant SNC-Lavalin has reached agreement to pay restitution to seven Quebec municipalities for obtaining contracts through questionable means. Neil Bruce, CEO of the Montreal-based engineering and construction firm, says the settlements under the province’s voluntary reimbursement program are “final and fair.” The provincial government launched the program in November 2015 aimed at recovering money paid in connection with... 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 (16,015.68, up 106.90 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 32 cents, or 4.57 per cent, to $6.68 on 21.3 million shares. Precision Drilling Corp. (TSX:PD). Oil and gas. Up five cents, or 1.48 per cent, to $3.42 on 6.1 million shares. Crescent Point Energy (TSX:CPG). Oil and gas. Up... Read More

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 (15,908.78, down 6.90 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 39 cents, or 5.28 per cent, to $7.00 on 14.4 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Unchanged at $3.17 on 7.1 million shares. Lundin Mining Corp. (TSX:LUN). Miner. Down 12 cents, or 1.73 per cent, to $6.81 on 5.02 million... Read More

Suncor starts process to add 700 megawatts of oilsands cogeneration

Suncor starts process to add 700 megawatts of oilsands cogeneration
CALGARY — Suncor Energy (TSX:SU) says it has started the regulatory process on replacing aging boilers at its oilsands Base Plant with two cogeneration units to lower costs and carbon output. The company says the cogeneration units, which allows industries to use both the electricity and heat created in power generation, will replace boilers that currently use petroleum coke as fuel. Suncor says... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,969.03, down 69.94 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 10 cents, or 1.33 per cent, to $7.32 on 13.7 million shares. Lundin Mining Corp. (TSX:LUN). Miner. Down 16 cents, or 2.22 per cent, to $7.06 on 7.2 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up five cents, or 1.62 per... Read More

Husky Energy plans for higher 2018 capital budget compared with this year

Husky Energy plans for higher 2018 capital budget compared with this year
CALGARY — Husky Energy Inc. (TSX:HSE) is planning to increase its capital spending in 2018 to between $2.9 billion and $3.1 billion. That includes up to $1.1 billion on growth projects and up to $2 billion on sustaining and corporate spending. The 2018 capital budget is below the annual average of $3.3 billion a year anticipated in the company’s five-year plan, but... Read More

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 (16,038.97, down 28.51 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 48 cents, or 6.00 per cent, to $7.52 on 23.2 million shares. Lundin Mining Corp. (TSX:LUN). Miner. Down 30 cents, or 3.99 per cent, to $7.22 on 12.4 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 14 cents, or... Read More

B.C. tells feds to back off, stop interfering in Trans Mountain pipeline

B.C. tells feds to back off, stop interfering in Trans Mountain pipeline
VANCOUVER — British Columbia says the federal government needs to back off and stop interfering in an independent review process over the approval of Kinder Morgan’s Trans Mountain pipeline. Environment Minister George Heyman said he is “very disturbed” that the federal government supports the creation of a standing panel to quickly settle conflicts over provincial and municipal permits. “The federal government should get... Read More

Enbridge shares up after it raises dividend, sells shares and plans asset sales

Enbridge shares up after it raises dividend, sells shares and plans asset sales
CALGARY — Shares of Enbridge Inc. popped higher in early trading after the company announced plans to raise its dividend, issue shares and sell off at least $3 billion in assets next year. The stock was up $2.72 or about six per cent at $48.47 in trading on the Toronto Stock Exchange on Thursday morning. In a strategic update after markets... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,029.64, down 12.48 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 40 cents, or 4.85 per cent, to $7.85 on 45.5 million shares. Fortune Minerals Ltd. (TSX:FT). Miner. Up 3.5 cents, or 13.73 per cent, to 29 cents on 9.8 million shares. Aphria Inc. (TSX:APH). Healthcare. Down 59 cents, or 4.89... Read More