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 (16,221.95, up 18.82 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 93 cents, or 11.61 per cent, to $8.94 on 27.3 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up $2.64, or 9.51 per cent, to $30.41 on 12.8 million shares. Aphria Inc. (TSX:APH). Healthcare. Up $1.10, or 6.51 per cent, to $18.00... Read More

Ontario’s carbon pricing future uncertain between cap and trade and carbon tax

Ontario’s carbon pricing future uncertain between cap and trade and carbon tax
TORONTO — Ontario’s first year of carbon pricing brought in nearly $2 billion, but uncertainty looms over the program’s future as the province faces an election in 2018 that could see its cap-and-trade system replaced with a carbon tax. The system, launched in 2017, is aimed at lowering greenhouse gas emissions by putting caps on the amount of pollution companies in certain industries can emit. If they... Read More

PotashCorp, Agrium clear U.S. hurdle, combined company begins trading Jan. 2

PotashCorp, Agrium clear U.S. hurdle, combined company begins trading Jan. 2
CALGARY — Canada’s two largest fertilizer companies say they have received the final regulatory permission required to complete a merger of equals that was originally announced more than 18 months ago. The combined Potash Corporation of Saskatchewan (TSX:POT) and Agrium Inc. (AGU) will be named Nutrien after the deal effectively closes on Jan. 1, subject to customary conditions. Nutrien’s shares are... Read More

First Nations look to grow marijuana industry for economic highs

First Nations look to grow marijuana industry for economic highs
VANCOUVER — Canada’s marijuana industry is expanding rapidly and some First Nations are looking to cash in on the emerging economic opportunities. Phil Fontaine, an Indigenous politician turned marijuana executive, has spent the last year travelling the country and talking to First Nations about jobs, wealth and training opportunities the burgeoning marijuana business could bring. “Everywhere we’ve been, it’s been the same reaction,... Read More

Sobey families consolidate Empire voting shares into single holding company

Sobey families consolidate Empire voting shares into single holding company
STELLARTON, N.S. — The three branches of the Sobey family that control Canada’s second-largest grocery business have decided to put all of their Class B shares of Empire Co. Ltd. into a single holding company. The president of the new holding company, Stewart Mahoney, says the three families believe the new governance structure will be a better way to administer... Read More

Debt reduction remains high priority, ahead of investments and savings: CIBC

Debt reduction remains high priority, ahead of investments and savings: CIBC
TORONTO — Canadians are keen to lighten their debt loads in 2018, according to an annual opinion survey conducted for CIBC. The Toronto-based bank says debt reduction or elimination was the top priority for 25 per cent of the poll respondents. Paying bills or just getting by were the top goals for about 15 per cent of respondents. By comparison, 13 per cent said... Read More