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 (15,524.01, up 84.57 points) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down seven cents, or 1.79 per cent, to $3.85 on 16.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 24 cents, or 2.19 per cent, to $10.72 on 8.8 million shares. Element Fleet Management Corp. (TSX:EFN). Financial Services. Up 35 cents, or... Read More

Retiring Pengrowth CEO plans role as advocate for misunderstood oilpatch

Retiring Pengrowth CEO plans role as advocate for misunderstood oilpatch
CALGARY — The retiring CEO of Pengrowth Energy Corp. says Canadian oil and gas leaders have been too “shy” to speak out in support of their industry and he plans to help fill that vacuum as he leaves the job he’s held since 2009. The disconnect between average Canadians and the industry in terms of pipeline and drilling technology safety, and their inability... Read More

CN and CP say service will improve as frigid winter weather subsides

CN and CP say service will improve as frigid winter weather subsides
MONTREAL — Canada’s two largest railways vowed to improve their service levels over the coming months as they escape the grip of a tough winter that hampered their ability to transport goods. During separate presentations to a transportation conference, Canadian National Railway chief financial officer Ghislain Houle and CP Rail chief executive Keith Creel told investors that heavy snow in Western... Read More

Court challenge launched by B.C. Wine Institute against Alberta wine ban

Court challenge launched by B.C. Wine Institute against Alberta wine ban
KELOWNA, B.C. — The B.C. Wine institute says it is moving to protect its industry and farmers with a court challenge of Alberta’s ban on the import of its wines. Institute president and CEO Miles Prodan says his group regrets resorting to a request for an injunction, but the boycott imposed by Alberta left it no other options to protect the industry. He says the ban... Read More

Alleged content piracy case heads to Federal Court of Appeal at companies’ request

Alleged content piracy case heads to Federal Court of Appeal at companies’ request
OTTAWA — Bell, Rogers and Quebecor will be allowed to take their legal battle with the TVAddons website — which they allege is a content piracy operation that violates their copyrights — to the Federal Court of Appeal. The three telecom-media groups were able to obtain a court order last June that allowed authorities to search the Montreal home of website operator Adam... Read More

Walmart partnering with online grocery service to bring home delivery to Vancouver

Walmart partnering with online grocery service to bring home delivery to Vancouver
VANCOUVER — Walmart Canada Corp. says it is partnering with an online grocery service to bring home delivery to Vancouver by the summer, as the brick-and-mortar retailer ramps up its effort in the country to compete with Amazon. The arrangement will see Walmart work with Vancouver-based Sustainable Produce Urban Delivery to bring its food delivery platform, Food-X Urban Delivery Inc., to... Read More

B.C. unveils ‘bold’ housing, child care plans, hikes employer, real estate taxes

B.C. unveils ‘bold’ housing, child care plans, hikes employer, real estate taxes
VICTORIA — British Columbia moved to ease the province’s housing crisis Tuesday with a budget that introduces a new tax on property speculators, higher taxes on foreign homebuyers and plans to create 114,000 affordable housing units over the next decade. Finance Minister Carole James said the tax measures are part of the government’s aim to improve housing affordability in markets where... Read More

New Uber feature to force drivers to take a break after 12 straight hours

New Uber feature to force drivers to take a break after 12 straight hours
TORONTO — Uber drivers in Canada trying to work for more than 12 hours straight will soon be forced to take a six-hour break before they can hit the road again. The new policy being rolled out at the beginning of next week will be enforced through the company’s ride-hailing app, which will block drivers from accepting customers after a half a day of consecutive work. Uber Canada’s general... Read More