Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,393.95, down 61.78 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 21 cents, or 3.08 per cent, to $7.02 on 9.26 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Down 14 cents, or 3.35 per cent, to $4.04 on 8.66 million shares. Cequence Energy Ltd. (TSX:CQE). Oil and... Read More

Toronto waterfront board moving forward with plan for new high-tech neighbourhood

Toronto waterfront board moving forward with plan for new high-tech neighbourhood
TORONTO — A board that advocates for the revitalization of Toronto’s waterfront is moving forward in creating a plan to build a high-tech neighbourhood. Waterfront Toronto says it approved an agreement to create the plan with Sidewalk Labs, which is owned by Google’s parent company Alphabet. The high-tech district will be in the Quayside development, along Toronto’s eastern waterfront. According to a press... Read More

Forecast calls for 500 fewer wells this year despite higher global oil prices

Forecast calls for 500 fewer wells this year despite higher global oil prices
CALGARY — The head of Canada’s largest drilling company says he’s not surprised that a Canadian drilling forecast is being chopped despite higher global oil prices so far this year. Kevin Neveu, CEO of Precision Drilling Corp., said Tuesday his company is in the process of moving an idle drilling rig from the Deep Basin of northwestern Alberta to Pennsylvania, where... Read More

George Weston Q2 profit drops on weakness at Loblaw, bakery division

George Weston Q2 profit drops on weakness at Loblaw, bakery division
TORONTO — George Weston Ltd. says its second-quarter net income plunged 77.6 per cent to $28 million and adjusted earnings slipped to $210 million, below analyst estimates on both counts. The Toronto-based grocery, pharmacy and bakery company says its net income per share dropped to 21 cents from $160 million or $1.23 per share in last year’s second quarter After excluding some items, Weston’s adjusted earnings... Read More

Manulife joining Shoppers Drug Mart in medical marijuana program

Manulife joining Shoppers Drug Mart in medical marijuana program
WATERLOO, Ont. — The Manulife Financial insurance company says it will launch the first medical marijuana program in Canada this fall in conjunction with Shoppers Drug Mart. Manulife says the program will be available as an option for participating group and individual health insurance plans. Under the partnership, Shoppers Drug Mart pharmacists at an Ontario-based patient care centre will help... Read More

WestJet posts $20.8 million loss amid labour dispute, higher fuel prices

WestJet posts $20.8 million loss amid labour dispute, higher fuel prices
CALGARY — WestJet Airlines Ltd. reported a rare loss of $20.8 million in the second quarter as it was beset by a labour dispute with its pilots, higher fuel prices and increased competition. The loss amounted to 18 cents per share, which was better than analyst estimates, but down from a year-earlier profit of $48.6 million or 41 cents per share.... Read More

Shopify Q2 revenue and adjusted earnings rise well above analyst estimates

Shopify Q2 revenue and adjusted earnings rise well above analyst estimates
OTTAWA — Shopify Inc. did better than analyst estimates in terms of revenue and adjusted earnings during the second quarter. The Ottawa-based e-commerce company reported that revenue for the three months ended June 30 was nearly $245 million, up from $151.7 million in last year’s second quarter. Analysts had estimated $234.6 million of revenue, at the high end of the company’s guidance range,... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,393.95, down 61.78 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 17 cents, or 2.44 per cent, to $6.81 on 12.62 million shares. Nemaska Lithium Inc. (TSX:NMX). Miner. Down six cents, or eight per cent, to 69 cents on 5.43 million shares. Cenovus Energy Inc. (TSX:CVE). Oil and gas. Up 16 cents, or 1.23 per cent, to $13.13 on 4.92 million... Read More