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 (16,144.79, down 17.52 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 46 cents, or 5.81 per cent, to $8.38 on 13.6 million shares. Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up 14 cents, or 0.99 per cent, to $14.35 on 7.5 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up $3.40, or... Read More

Canadian government spending tens of millions on Facebook ads, boosted posts

Canadian government spending tens of millions on Facebook ads, boosted posts
OTTAWA — The government of Canada has been increasing its use of paid Facebook advertisements over the last three years, spending tens of millions of dollars on boosted posts, videos and ad campaigns, new figures tabled in Parliament show. From Jan. 1, 2016 to March 2018, federal government departments and agencies spent more than $24.4 million on Facebook and Instagram ads, promotions and sponsored posts... Read More

Pipeline decision too close to chastise B.C. at western premiers meeting: Notley

Pipeline decision too close to chastise B.C. at western premiers meeting: Notley
EDMONTON — Alberta Premier Rachel Notley says while other western premiers meeting in Yellowknife will be talking about how to spend money, she’ll be working in Alberta figuring out how to earn it. Notley said she is not attending the meeting Wednesday because her time is better spent making sure the Trans Mountain pipeline project goes ahead. “When it comes to interprovincial relations,... Read More

Take the lid off the ‘carbon tax cover-up,’ Poilievre urges government

Take the lid off the ‘carbon tax cover-up,’ Poilievre urges government
OTTAWA — If the federal Liberal government truly believed in carbon taxing, it would come clean on the potential cost to Canadians, Conservative critic Pierre Poilievre charged Tuesday in a sneak preview of the protracted partisan barrage Finance Minister Bill Morneau was likely to face later in the day. Poilievre was set to face off against Morneau in a four-hour,... Read More

Boom island: Little Prince Edward Island enjoying a buoyant economy

Boom island: Little Prince Edward Island enjoying a buoyant economy
CHARLOTTETOWN — Tourists visiting tidy, bucolic Prince Edward Island should keep their eyes open for some swagger this summer: The smallest province is on a tear. An expected steady rhythm of hammers and saws is just one indicator of an economic boom. Retail sales on the Island were up 7.4 per cent last year, and employment grew by three per cent and... Read More

OREA isn’t backing down from GTHA affordability messaging after TREB controversy

OREA isn’t backing down from GTHA affordability messaging after TREB controversy
TORONTO — The Ontario Real Estate Association isn’t backing away from its campaign on the lack of housing affordability in Toronto, even after harsh criticism from the province’s largest real estate board. On Tuesday, OREA executives unveiled a Ryerson University report, which it sponsored, that found millennials in the Greater Toronto and Hamilton area are living with their parents longer as they... Read More

Deloitte Canada names Craig Alexander as firm’s first chief economist

Deloitte Canada names Craig Alexander as firm’s first chief economist
TORONTO — Deloitte Canada has named Craig Alexander as the firm’s first chief economist. Alexander is a former chief economist for TD Bank. He has also been vice-president for economic analysis at the C.D. Howe Institute and most recently served as chief economist at the Conference Board of Canada. Deloitte Canada says Alexander will oversee and further develop the audit and... Read More

Siri winning battle of the virtual assistants in Canada: poll

Siri winning battle of the virtual assistants in Canada: poll
TORONTO — In the heated battle between Amazon, Apple, Google and Microsoft to get consumers hooked on their virtual assistants, Siri seems to be enjoying the first-mover advantage. Just shy of 40 per cent of Canadian adults recently used a virtual assistant, according to a report by the Media Technology Monitor, which polled almost 8,200 Canadians by phone late last year. About... Read More

Shopify shares slip after Adobe Systems buys e-commerce rival Magento

Shopify shares slip after Adobe Systems buys e-commerce rival Magento
TORONTO — Shopify shares slipped by more than six per cent in today after its rival Magento Commerce was bought by Adobe Systems. The e-commerce company’s stock fell by as much as 6.47 per cent to $177 in Toronto in morning trading, a day after the U.S. software giant announced the acquisition. Adobe, best known for its Photoshop picture editing software, on Monday said it has... Read More

WestJet Airlines and pilots resume contract negotiations in Calgary

WestJet Airlines and pilots resume contract negotiations in Calgary
CALGARY — WestJet Airlines Ltd. says contract negotiations with its pilots resumed Monday in Calgary. Talks between the airline and pilots represented by the Air Line Pilots Association moved from Halifax where they took place last week. Neither side would say if any progress was being made. The pilots had committed not to disrupt passenger travel plans over the Victoria... Read More