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Thursday, February 27, 2020
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  • February 27, 2020
    Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges
    CALGARY — Husky Energy Inc. reported a loss of...
    Energy Investment Oil & Gas Stocks to Watch 
  • February 26, 2020
    Most actively traded companies on the TSX
    TORONTO — Some of the most active companies traded Wednesday...
    Financial 
  • February 26, 2020
    Rogers chief executive asks CRTC not to change rules for wireless industry
    GATINEAU, Que. — Canada’s wireless industry has not fully...
    Investment Stocks to Watch Technology 
Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges

Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges

February 27, 2020
Most actively traded companies on the TSX

Most actively traded companies on the TSX

February 26, 2020
Rogers chief executive asks CRTC not to change rules for wireless industry

Rogers chief executive asks CRTC not to change rules for wireless industry

February 26, 2020
Lowe’s disappoints on 4Q sales, full-year outlook

Lowe’s disappoints on 4Q sales, full-year outlook

February 26, 2020

Just in…

  • Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges
    February 27, 2020

    Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges

    CALGARY — Husky Energy Inc. reported a loss of $2.34 billion in...
  • Most actively traded companies on the TSX
    February 26, 2020

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Wednesday on the Toronto...
  • Rogers chief executive asks CRTC not to change rules for wireless industry
    February 26, 2020

    Rogers chief executive asks CRTC not to change rules for wireless industry

    GATINEAU, Que. — Canada’s wireless industry has not fully matured and still...
  • Lowe’s disappoints on 4Q sales, full-year outlook
    February 26, 2020

    Lowe’s disappoints on 4Q sales, full-year outlook

    NEW YORK — Lowe’s Cos. delivered weaker-than-expected sales for its fiscal fourth...
  • Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million
    February 26, 2020

    Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million

    MONTREAL — The Desjardins Group says last year’s theft of the personal...
  • GMP Capital consolidating ownership of Richardson GMP in all-stock deal
    February 26, 2020

    GMP Capital consolidating ownership of Richardson GMP in all-stock deal

    TORONTO — GMP Capital Inc. has signed an agreement to acquire the stake...
  • North American stock markets reverse some of the losses seen in recent days
    February 26, 2020

    North American stock markets reverse some of the losses seen in recent days

    TORONTO — North American stock markets moved higher in late-morning trading, regaining...
  • US new-home sales climbed 7.9% in January
    February 26, 2020

    US new-home sales climbed 7.9% in January

    WASHINGTON — U.S. sales of new homes jumped 7.9% in January to...
  • Torstar Corp. reports fourth-quarter profit, boosted by one-time gains
    February 26, 2020

    Torstar Corp. reports fourth-quarter profit, boosted by one-time gains

    TORONTO — Torstar Corp. reported a profit in its fourth-quarter, boosted by...
  • CIBC first-quarter profit beats expectations as company embarks on restructuring
    February 26, 2020

    CIBC first-quarter profit beats expectations as company embarks on restructuring

    TORONTO — Canadian Imperial Bank of Commerce is in the midst of an overhaul...
  • Great Atlantic Summarizes Diamond Drilling Results for Golden Promise Gold Property in Central Newfoundland
    February 26, 2020

    Great Atlantic Summarizes Diamond Drilling Results for Golden Promise Gold Property in Central Newfoundland

    VANCOUVER, British Columbia – Great Atlantic Resources Corp. is pleased to summarize...
  • Air Canada scrubs all flights to China until April 10 due to coronavirus
    February 25, 2020

    Air Canada scrubs all flights to China until April 10 due to coronavirus

    MONTREAL — Air Canada is extending its cancellation of all flights between...
  • Labour Board rules Foodora couriers are dependent contractors, eligible for union
    February 25, 2020

    Labour Board rules Foodora couriers are dependent contractors, eligible for union

    TORONTO — The Ontario Labour Relations Board has ruled that Foodora couriers...
  • Most actively traded companies on the TSX
    February 25, 2020

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Tuesday on the Toronto...
  • Analysts agree Canadian energy projects more difficult to get to completion
    February 25, 2020

    Analysts agree Canadian energy projects more difficult to get to completion

    CALGARY — The perception that Canada is a more difficult place to...
  • N.S. Liberal budget opens spending taps as province faces slowing economy
    February 25, 2020

    N.S. Liberal budget opens spending taps as province faces slowing economy

    HALIFAX — With economic growth projected to flatten in 2020, Nova Scotia’s...

Investment

  • Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges
    February 27, 2020

    Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges

    CALGARY — Husky Energy Inc. reported a loss of $2.34 billion in its latest quarter as it took asset impairment and other charges related to its long-term price assumptions and reductions in its long-term capital spending plans. The company says the loss amounted to $2.34 per share for the quarter ended Dec. 31 compared with a profit of $216 million...
  • Rogers chief executive asks CRTC not to change rules for wireless industry
    February 26, 2020

    Rogers chief executive asks CRTC not to change rules for wireless industry

    GATINEAU, Que. — Canada’s wireless industry has not fully matured and still needs “careful nourishing” as it invests in fifth-generation networks, Rogers chief executive...
  • Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million
    February 26, 2020

    Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million

    MONTREAL — The Desjardins Group says last year’s theft of the personal data of its 4.2 million members ultimately cost the co-operative $108 million. The Quebec-based...
  • Bank of Canada to create its own digital currency as ‘contingency,’ deputy says
    February 25, 2020

    Bank of Canada to create its own digital currency as ‘contingency,’ deputy says

    One of the country’s top central bankers says the Bank of Canada is going to start the work to build its own digital currency...

Cannabis

  • Canopy Rivers swings to loss, withdraws guidance on industry headwinds
    February 14, 2020

    Canopy Rivers swings to loss, withdraws guidance on industry headwinds

    TORONTO — Canopy Rivers Inc. says it swung to a loss in its third quarter of...
    Cannabis Investment Stocks to Watch 
  • CannTrust names new CEO as it works to restore licences lost from non-compliance
    February 14, 2020

    CannTrust names new CEO as it works to restore licences lost from non-compliance

    VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt,...
    Cannabis Stocks to Watch 
  • Aurora reports Q2 loss following layoffs, writedown and CEO departure
    February 13, 2020

    Aurora reports Q2 loss following layoffs, writedown and CEO departure

    EDMONTON — Aurora Cannabis Inc. says it incurred a loss in its second quarter that was fuelled by...
    Cannabis Stocks to Watch 
  • The Supreme Cannabis Company cuts about 15% of its workforce, adopts new structure
    February 12, 2020

    The Supreme Cannabis Company cuts about 15% of its workforce, adopts new structure

    TORONTO — The Supreme Cannabis Company Inc. says it has cut about 15 per cent of its...
    Cannabis Stocks to Watch 
  • Ontario considers cannabis lounges, cafes as part of future open market
    February 10, 2020

    Ontario considers cannabis lounges, cafes as part of future open market

    TORONTO — Ontario is considering allowing cannabis lounges and cafes as it moves toward an open cannabis market....
    Cannabis 
  • Tilray to lay off 10 per cent of staff to help company better achieve profitability
    February 04, 2020

    Tilray to lay off 10 per cent of staff to help company better achieve profitability

    TORONTO — Tilray Inc. is laying off 10 per cent of its workforce in an effort...
    Cannabis 

Mining

  • Great Atlantic Summarizes Diamond Drilling Results for Golden Promise Gold Property in Central Newfoundland
    February 26, 2020

    Great Atlantic Summarizes Diamond Drilling Results for Golden Promise Gold Property in Central Newfoundland

    VANCOUVER, British Columbia – Great Atlantic Resources Corp. is pleased to summarize results for the 2019...
    Mining 
  • Ontario Teachers’ Pension Plan signs US$300M investment deal with New Gold
    February 25, 2020

    Ontario Teachers’ Pension Plan signs US$300M investment deal with New Gold

    TORONTO — Ontario Teachers’ Pension Plan has signed a US$300-million deal investment deal with New Gold...
    Mining Stocks to Watch 
  • Teck CEO says Frontier withdrawal a result of tensions over climate, reconciliation
    February 24, 2020

    Teck CEO says Frontier withdrawal a result of tensions over climate, reconciliation

    VANCOUVER — Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades...
    Mining Oil & Gas Politics 
  • Teck Resources shares down after company pulls Frontier oilsands project
    February 24, 2020

    Teck Resources shares down after company pulls Frontier oilsands project

    VANCOUVER — Shares in Teck Resources Ltd. are trading down four per cent after the company said...
    Mining Stocks to Watch 
  • Alberta and two First Nations make deal for proposed oilsands mine
    February 23, 2020

    Alberta and two First Nations make deal for proposed oilsands mine

    EDMONTON — The Alberta government has struck deals with two northern Alberta First Nations over a...
    Mining Oil & Gas 
  • Teck Resources warns of $1.13B charge if Frontier oilsands mine rejected
    February 21, 2020

    Teck Resources warns of $1.13B charge if Frontier oilsands mine rejected

    VANCOUVER — Teck Resources Ltd. is warning that it will take an impairment charge of about...
    Mining Stocks to Watch 

Financial

  • Most actively traded companies on the TSX
    February 26, 2020

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock...
    Financial 
  • Lowe’s disappoints on 4Q sales, full-year outlook
    February 26, 2020

    Lowe’s disappoints on 4Q sales, full-year outlook

    NEW YORK — Lowe’s Cos. delivered weaker-than-expected sales for its fiscal fourth quarter and offered an...
    Financial 
  • GMP Capital consolidating ownership of Richardson GMP in all-stock deal
    February 26, 2020

    GMP Capital consolidating ownership of Richardson GMP in all-stock deal

    TORONTO — GMP Capital Inc. has signed an agreement to acquire the stake in investment manager Richardson...
    Financial Stocks to Watch 
  • North American stock markets reverse some of the losses seen in recent days
    February 26, 2020

    North American stock markets reverse some of the losses seen in recent days

    TORONTO — North American stock markets moved higher in late-morning trading, regaining some of the ground...
    Financial 
  • Torstar Corp. reports fourth-quarter profit, boosted by one-time gains
    February 26, 2020

    Torstar Corp. reports fourth-quarter profit, boosted by one-time gains

    TORONTO — Torstar Corp. reported a profit in its fourth-quarter, boosted by one-time gains related to...
    Financial Stocks to Watch 
  • CIBC first-quarter profit beats expectations as company embarks on restructuring
    February 26, 2020

    CIBC first-quarter profit beats expectations as company embarks on restructuring

    TORONTO — Canadian Imperial Bank of Commerce is in the midst of an overhaul involving job losses and a...
    Financial Stocks to Watch 

Economics

  • US new-home sales climbed 7.9% in January
    February 26, 2020

    US new-home sales climbed 7.9% in January

    WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in...
    Economics Real Estate 
  • Analysts agree Canadian energy projects more difficult to get to completion
    February 25, 2020

    Analysts agree Canadian energy projects more difficult to get to completion

    CALGARY — The perception that Canada is a more difficult place to build major energy projects...
    Economics Energy Oil & Gas Politics 
  • N.S. Liberal budget opens spending taps as province faces slowing economy
    February 25, 2020

    N.S. Liberal budget opens spending taps as province faces slowing economy

    HALIFAX — With economic growth projected to flatten in 2020, Nova Scotia’s Liberal government is opening...
    Economics Politics 
  • Feds warned agricultural sector near ‘tipping point’ due to blockades
    February 25, 2020

    Feds warned agricultural sector near ‘tipping point’ due to blockades

    OTTAWA — The federal government is being warned that Canada’s agricultural industry is near the “tipping...
    Agriculture Economics Politics 
  • China struggles to revive manufacturing amid virus outbreak
    February 25, 2020

    China struggles to revive manufacturing amid virus outbreak

    BEIJING — Factories that make the world’s smartphones, toys and other goods are struggling to reopen...
    Economics Education Health & Wellness Retail & Ecommerce 
  • Five things to watch for in the Canadian business world in the coming week
    February 23, 2020

    Five things to watch for in the Canadian business world in the coming week

    TORONTO — Five things to watch for in the Canadian business world in the coming week:...
    Economics 

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Stocks to Watch

  • Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges
    February 27, 2020

    Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges

    CALGARY — Husky Energy Inc. reported a loss of $2.34 billion in its latest quarter as...
  • Rogers chief executive asks CRTC not to change rules for wireless industry
    February 26, 2020

    Rogers chief executive asks CRTC not to change rules for wireless industry

    GATINEAU, Que. — Canada’s wireless industry has not fully matured and still needs “careful nourishing” as...
  • GMP Capital consolidating ownership of Richardson GMP in all-stock deal
    February 26, 2020

    GMP Capital consolidating ownership of Richardson GMP in all-stock deal

    TORONTO — GMP Capital Inc. has signed an agreement to acquire the stake in investment manager Richardson...
  • Torstar Corp. reports fourth-quarter profit, boosted by one-time gains
    February 26, 2020

    Torstar Corp. reports fourth-quarter profit, boosted by one-time gains

    TORONTO — Torstar Corp. reported a profit in its fourth-quarter, boosted by one-time gains related to...
  • CIBC first-quarter profit beats expectations as company embarks on restructuring
    February 26, 2020

    CIBC first-quarter profit beats expectations as company embarks on restructuring

    TORONTO — Canadian Imperial Bank of Commerce is in the midst of an overhaul involving job losses and a...
  • Air Canada scrubs all flights to China until April 10 due to coronavirus
    February 25, 2020

    Air Canada scrubs all flights to China until April 10 due to coronavirus

    MONTREAL — Air Canada is extending its cancellation of all flights between Canada and China to...

Technology

  • February 26, 2020

    Rogers chief executive asks CRTC not to change rules for wireless industry

  • February 26, 2020

    Desjardins Group says 2019 theft of 4.2 million members’ data cost $108 million

    MONTREAL — The Desjardins Group says last year’s theft of the personal data of its 4.2...
  • February 25, 2020

    Bank of Canada to create its own digital currency as ‘contingency,’ deputy says

    One of the country’s top central bankers says the Bank of Canada is going to start...
  • February 25, 2020

    No checkout needed: Amazon opens cashier-less grocery store

    NEW YORK — Amazon is aiming to kill the supermarket checkout line. The online retailing giant...
  • February 24, 2020

    Coalition tells CRTC more affordable wireless options are needed

    GATINEAU, Que. — A coalition of groups representing consumers, low-income and Indigenous people in Manitoba says...
  • February 23, 2020

    Electric vehicle options growing, but profitability challenges limit growth

    TORONTO — Automakers are rolling out some big additions to the electric vehicle landscape this year...
  • February 21, 2020

    Wells Fargo to pay $3B to resolve probes into fake accounts

    NEW YORK — Wells Fargo agreed Friday to pay $3 billion to settle criminal and civil...
  • February 21, 2020

    Blockade trips up Canada’s biggest ports as shippers steer clear of rail closure

    MONTREAL — A rail blockade in eastern Ontario has led to backlogs at Canada’s three biggest...
  • February 21, 2020

    Eastlink wireless expansion, upgrades on hold because of regulatory uncertainty

    GATINEAU, Que. — The head of Atlantic Canada’s largest independent phone and cable company says it...
  • February 21, 2020

    Auto parts company Magna International raises dividend, tops estimates

    AURORA, Ont. — Magna International Inc. raised its dividend as it reported a fourth-quarter profit attributable...

Real Estate

  • February 26, 2020

    US new-home sales climbed 7.9% in January

  • February 25, 2020

    CBRE predicts record $50 billion investment for commercial real estate this year

    TORONTO — CBRE says Canada could see a record-breaking $50-billion worth of investment in commercial real estate this...
  • February 21, 2020

    Home Capital Group reports $37.2M Q4 profit, up from $35.8M a year ago

    TORONTO — Home Capital Group Inc. reported a fourth-quarter profit of $37.2 million, up from $35.8 million...
  • February 20, 2020

    CMHC says housing vulnerability moderate, downgrades risk in Prairie cities to low

    OTTAWA — Canada Mortgage and Housing Corp. says it has downgraded the vulnerability of several cities...
  • February 20, 2020

    RioCan reports Q4 profit edges higher, funds from operations rise

    TORONTO — RioCan Real Estate Investment Trust reported a profit of $150.8 million in its latest...
  • February 18, 2020

    Ottawa changing stress test rate for insured mortgages starting April 6

    OTTAWA — The federal government is changing the stress test rate for insured mortgages starting April...
  • February 14, 2020

    CREA reports home sales up 11.5 per cent compared with a year earlier

    OTTAWA — The Canadian Real Estate Association says home sales rose 11.5 per cent in January...
  • February 10, 2020

    Annual pace of housing starts in January up from December, tops expectations

    OTTAWA — Canada Mortgage and Housing Corp. says the pace of housing starts climbed in January...
  • February 06, 2020

    Homeowners can save on renovations with planning and research, say experts

    TORONTO — Home renovations can be stressful, but some careful planning and research can at least...
  • February 06, 2020

    GTA home sales forecast to climb 10 per cent this year, January sales up 15.4%

    TORONTO — The Toronto Regional Real Estate Board says January home sales were up 15.4 per cent...

Oil & Gas

  • February 27, 2020

    Husky Energy reports $2.3B Q4 loss due to asset impairment and other charges

  • February 25, 2020

    Analysts agree Canadian energy projects more difficult to get to completion

    CALGARY — The perception that Canada is a more difficult place to build major energy projects...
  • February 24, 2020

    A look at carbon prices across the country

    OTTAWA — As of Jan. 1, every Canadian and all Canadian businesses are paying a price...
  • February 24, 2020

    Teck CEO says Frontier withdrawal a result of tensions over climate, reconciliation

    VANCOUVER — Tensions over Indigenous rights, climate change and resource development that have escalated recently with the rail blockades...
  • February 23, 2020

    Alberta and two First Nations make deal for proposed oilsands mine

    EDMONTON — The Alberta government has struck deals with two northern Alberta First Nations over a...
  • February 21, 2020

    Energy and tech sectors weigh on stocks in Toronto, index sheds 100 points

    TORONTO — Canada’s main stock index plummeted 100 points Friday, weighed down by the energy and technology...
  • February 21, 2020

    Blockade trips up Canada’s biggest ports as shippers steer clear of rail closure

    MONTREAL — A rail blockade in eastern Ontario has led to backlogs at Canada’s three biggest...
  • February 21, 2020

    Enerplus reports $429.1M Q4 loss due to non-cash goodwill impairment charge

    CALGARY — Enerplus Corp. reported a loss of $429.1 million in its latest quarter as it...
  • February 19, 2020

    Shelved Suncor thermal oilsands project wins Alberta government approval

    CALGARY — The Alberta government has approved an application by Suncor Energy Inc. to build a...
  • February 18, 2020

    Coastal GasLink pipeline investor committed to closing deal despite protests

    CALGARY — One of the investors buying a stake in the Coastal GasLink pipeline says it remains committed...

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