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 (16,179.89, down 51.36 points) Canopy Growth Corp. (TSX:WEED). Health care. Up $3.58, or 9.69 per cent, to $40.51 on 10.9 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up 45 cents, or 5.02 per cent, to $9.41 on 9.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up... Read More

New tariffs could eventually raise food prices, Empire CEO says

New tariffs could eventually raise food prices, Empire CEO says
Upcoming tariffs on some American food products could eventually mean higher prices for Canadian consumers, says the chief executive of Empire Co. Ltd. The Canadian government announced it would impose retaliatory tariffs on July 1 on a wide range of American products in response to U.S. tariffs on some Canadian steel and aluminum products. The Canadian government targeted yogurt, coffee,... Read More

Canadian hyperloop company says governments need to support innovation

Canadian hyperloop company says governments need to support innovation
A Canadian hyperloop company is threatening to relocate its headquarters to Europe unless it secures political support at home for its technology that would transport goods and passengers through tubes at airplane speeds. “Unfortunately we didn’t get the required support so we’re starting the testing in France,” Sebastien Gendron, co-founder and CEO of TransPod Inc. said in an interview from Europe. He said it... Read More

5% of Ontarians own ‘cryptoassets’ such as Bitcoin: OSC survey says

5% of Ontarians own ‘cryptoassets’ such as Bitcoin: OSC survey says
TORONTO — A study by the Ontario Securities Commission suggests that five per cent of Ontarians own what the regulator calls “cryptoassets” such as Bitcoin or Ether. The online survey conducted in March also showed that men aged 18 to 34 were more likely to report owning a cryptoasset, at 14 per cent. Most aren’t spending huge amounts of money on... Read More

Cineplex to offer concession stand snack deliveries in four provinces

Cineplex to offer concession stand snack deliveries in four provinces
TORONTO — Cineplex Inc. has started to offer delivery of concession stand snacks to customers in 60 communities throughout Ontario, Alberta, B.C. and Quebec. Cineplex CEO Ellis Jacob says the company has partnered with Uber Eats to deliver popcorn, hot dogs, candy, nachos and soft drinks for customers who want movie theatre snacks at home or in the office. The... Read More

Predictions of pipeline protest violence derided by organizers from both sides

Predictions of pipeline protest violence derided by organizers from both sides
CALGARY — Pro-pipeline activists who hit the streets in increasing numbers this year to try to drown out anti-pipeline picketers plan to continue to confront their adversaries, even in the face of predictions of protest line violence. Stay-at-home mom and part-time activist Nicole Wapple, 37, of Red Deer, Alta., has been posting information on social media and occasionally taking part in protests for about two years since co-founding... Read More

Shaw posts Q3 loss after $284-million devaluation of its stake in Corus

Shaw posts Q3 loss after $284-million devaluation of its stake in Corus
CALGARY — A $284-million impairment charge related to its stake in Corus Entertainment Inc. resulted in a third-quarter loss for Shaw Communications Inc., but the company remains on track to achieve its key 2018 financial goals, Shaw said Thursday. The Calgary-based cable, internet and wireless company said its net loss for the quarter ended May 31 was $91 million or 18 cents per... Read More

Canadians dodged paying feds up to $3B in taxes on foreign income: CRA

Canadians dodged paying feds up to $3B in taxes on foreign income: CRA
OTTAWA — A new federal analysis says Canadians dodged paying Ottawa between $800 million and $3 billion worth of taxes on foreign personal income in 2014. The study by the Canada Revenue Agency says the missing funds represented between 0.6 per cent and 2.2 per cent of the total income tax revenue Ottawa collected that year from individuals. So far, the agency says the federal government collected up to $14.6... Read More