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 (15,671.15, down 43.51 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 27 cents, or 2.66 per cent, to $9.89 on 12.1 million shares. The licensed producer has signed a deal to supply medical marijuana to Shoppers Drug Mart, a pharmacy chain owned by Loblaw (TSX:L) (up 79... Read More

Highlights from federal budget tabled Tuesday by Finance Minister Bill Morneau

Highlights from federal budget tabled Tuesday by Finance Minister Bill Morneau
OTTAWA — Highlights from the federal Liberal budget tabled Tuesday by Finance Minister Bill Morneau: — “Proactive” pay equity legislation, as well as $3 million over five years for a “pay transparency” measure, to close the wage gap among federal workers and in federally regulated sectors, impacting some 1.2 million people. — The “Advisory Council on the Implementation of National... Read More

With billions in new fiscal room, feds chose investments over return to balance

With billions in new fiscal room, feds chose investments over return to balance
OTTAWA — The Trudeau government tabled a budget Tuesday that will use billions of dollars worth of fresh fiscal runway for new investments, a decision that leaves Ottawa with no timetable for balanced books anywhere on its horizon. Finance Minister Bill Morneau’s budget will channel the extra dollars into new spending that he’s banking on to lift Canada’s long-term growth.... Read More

Shoppers Drug Mart signs marijuana supply deal with Aurora Cannabis

Shoppers Drug Mart signs marijuana supply deal with Aurora Cannabis
TORONTO — Licensed producer Aurora Cannabis has signed a deal to supply medical marijuana to Shoppers Drug Mart. The agreement is subject to Health Canada’s approval of the pharmacy chain’s application to dispense medical cannabis. Aurora’s products are expected to be sold online, as current Canadian regulations prohibit the sale of medical marijuana in pharmacy locations. Shoppers Drug Mart’s deal with Aurora comes... Read More

Scotiabank hikes dividend as Q1 net income up 17%

Scotiabank hikes dividend as Q1 net income up 17%
TORONTO — The Bank of Nova Scotia raised its dividend Tuesday as it reported better-than-expected adjusted profit of roughly $2.275 billion for its first quarter, with strong earnings internationally as well as at home. Scotiabank increased its quarterly payment to common shareholders by three cents per share to 82 cents per share, the third of the big Canadian banks to do so this quarter after CIBC and... Read More