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 (up 96.38 points to 16,548.72, a record high) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 14 cents, or 2.66 per cent, to $5.40 on 11.6 million shares. Baytex Energy Corp. (TSX:BTE). Oil and gas. Up 22 cents, or 4.92 per cent, to $4.69 on 5.3 million shares. Neovasc Inc. (TSX:NVC).... Read More

Judge: Experts can testify that Roundup linked to cancer

Judge: Experts can testify that Roundup linked to cancer
SAN FRANCISCO — Evidence that Roundup weed killer can cause cancer seems “weak,” but experts can still make that claim at trial, a U.S. judge ruled Tuesday. The decision by U.S. District Judge Vince Chhabria in San Francisco allows hundreds of lawsuits against Roundup’s manufacturer, Monsanto, to move forward. The lawsuits by cancer victims and their families say the agrochemical... Read More

Finance Department at risk of big-impact cyberattack, say internal documents

Finance Department at risk of big-impact cyberattack, say internal documents
OTTAWA — A newly released internal analysis says the federal Finance Department faces a moderate risk of a cyberattack that could deliver a significant blow to its ability to carry out some crucial government operations. Finance, like other federal departments, publicly discloses a handful of its corporate risks — but a list obtained by The Canadian Press provides a deeper look at the key concerns for 2018-19 that... Read More

Oilsands execs see brighter future with approval of Line 3 pipeline project

Oilsands execs see brighter future with approval of Line 3 pipeline project
CALGARY — Executives from the biggest oilsands companies in Canada say concerns about getting their products to market are starting to ease in the wake of the regulatory approval of Enbridge Inc.’s $9-billion Line 3 pipeline replacement project. The project to add about 375,000 barrels per day of export capacity into the United States cleared its last major regulatory hurdle... Read More

TD Bank to acquire Greystone Managed Investments for $792 million

TD Bank to acquire Greystone Managed Investments for $792 million
Toronto-Dominion Bank will buy Saskatchewan-based Greystone Managed Investments Inc. for roughly $792-million in stock and cash, a transaction which the bank says makes its asset management division the biggest money manager in Canada. Acquiring the institutional money manager will add another $36 billion in Canadian assets under management and expertise in real estate, mortgages and infrastructure investments as competition in the industry heats up, said... Read More

CMHC reports annual pace of housing starts in Canada jumped higher in June

CMHC reports annual pace of housing starts in Canada jumped higher in June
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of new home building increased in June, boosted by a jump in multi-unit projects. The federal housing agency says the seasonally adjusted annual rate of housing starts increased to 248,138 units in June, up from 193,902 in May. The increase came as the seasonally adjusted annual rate of urban starts... Read More

Bombardier’s C Series aircraft officially renamed A220 as it joins Airbus family

Bombardier’s C Series aircraft officially renamed A220 as it joins Airbus family
MONTREAL — Bombardier Inc.’s name will no longer appear on its C Series jet, which has been officially renamed the A220 as it joins the Airbus family of commercial aircraft. The name change comes after Airbus officially took a majority stake in the C Series program earlier this month. What was the CS100 will be known as the A220-100, while the... Read More

Amazon to open new fulfillment centre in Ottawa, creating some 600 jobs

Amazon to open new fulfillment centre in Ottawa, creating some 600 jobs
Amazon is expanding its footprint in Canada with a fulfilment centre in Ottawa that will create 600 full-time jobs. The e-commerce giant announced Tuesday that employees at the new warehouse in the capital city’s eastern suburb of Orleans will pick, pack and ship large items such as household decor, sporting equipment and gardening tools. The warehouse will be the company’s eighth... Read More

Royal LePage report says pace of rising home prices slowed in second quarter

Royal LePage report says pace of rising home prices slowed in second quarter
TORONTO — A report by Royal LePage say the pace of rising home prices slowed in Canada in the second quarter due to softness in the Greater Toronto Area market. The real estate brokerage firm says some regions in the Greater Toronto Area saw prices fall compared with a year ago. Royal LePage chief executive Phil Soper says new federal mortgage... Read More

Cineplex to add at least five more virtual-reality experience centres

Cineplex to add at least five more virtual-reality experience centres
TORONTO — Cineplex says it’s adding at least five more immersive, virtual-reality experience centres in Canada over the next several years. The Void Experience Centres combine virtual reality technology and sensory effects, like touch and smell, to give users an immersive experience incorporating movie franchises, like “Star Wars” and “Ghostbusters.” Cineplex already operates one of the centres at its Toronto... Read More