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 (16,207.32, down 16.81 points). RNC Minerals. (TSX:RNX). Metals. Up 59 cents, or 105.4 per cent, to $1.15 on 71.5 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up 43 cents, or 3.63 per cent, to $12.27 on 33.4 million shares. Wallbridge Mining Co. Ltd. (TSX:WM). Metals. Up six cents, or 25 per cent, to 30 cents on 13.1... Read More

Keystone XL developer plans to start construction in 2019

Keystone XL developer plans to start construction in 2019
LINCOLN, Neb. — The developer of the Keystone XL oil pipeline plans to start construction next year, after a U.S. State Department review ordered by a federal judge concluded that major environmental damage from a leak is unlikely and could quickly be mitigated, a company spokesman said Monday. TransCanada spokesman Matthew John said the company remains committed to moving ahead... Read More

Fortune 500 Company Becomes First Commercial Client for OneSofts New SaaS Solution

Fortune 500 Company Becomes First Commercial Client for OneSofts New SaaS Solution
EDMONTON – OneSoft Solutions Inc. (TSX-V:OSS; OTC:OSSIF) is reporting that its wholly owned operating subsidiary, OneBridge Solutions Inc. has entered into its first commercial use agreement for its next iteration of Cognitive Integrity ManagementTM software-as-a-service (SaaS) solution named Polaris, which has been under development since early 2018. A U.S.A. – based Fortune 500 company, participated as a private preview user of the beta... Read More

Germany looking to sell costly, rarely used drone to Canada

Germany looking to sell costly, rarely used drone to Canada
BERLIN — Germany is looking to sell a secondhand surveillance drone that has cost the country more than 700 million euros ($823 million) to Canada — without many core components it needs to fly. A defence ministry reply to lawmakers from the opposition Left Party states that Germany has decided to “begin concrete negotiations with Canada for the sale of the Euro... Read More

Toronto and U.S. stock markets edge lower in late-morning trading, loonie down

Toronto and U.S. stock markets edge lower in late-morning trading, loonie down
TORONTO — Canada’s main stock index edged lower in late-morning trading as the industrial, financial and telecom sectors traded lower. The S&P/TSX composite index was down 5.88 points at 16,218.25. In New York, the Dow Jones industrial average was down 145.21 points at 26,598.29. The S&P 500 index was down 14.96 points at 2,914.71, while the Nasdaq composite was down... Read More

ADF Group Inc. announces the award of two new major contracts in the United States totalling $102 million

ADF Group Inc. announces the award of two new major contracts in the United States totalling $102 million
TERREBONNE – ADF GROUP INC. (TSX: DRX), a North American leader in the fabrication of steel superstructures, announces the award of two new major contracts in the United States, worth a total of $102 million. The first contract has been awarded in Western U.S. and consists in the design and engineering of connections, fabrication, including the procurement of raw material (steel) and industrial coating,... Read More

Empire Co. Ltd. to acquire Ontario-based grocery retailer Farm Boy

Empire Co. Ltd. to acquire Ontario-based grocery retailer Farm Boy
STELLARTON, N.S. — The parent company of grocery chain Sobeys Inc. says it has reached a deal to acquire food retailer Farm Boy in a bid to expand its reach in Ontario. Empire Co. Ltd. says the acquisition, which values the Ontario-based chain of grocery stores at $800 million, includes 26 Farm Boy locations in the province. Empire says the deal will allow it to speed up... Read More

Statistics Canada says wholesale sales climbed 1.5 per cent in July

Statistics Canada says wholesale sales climbed 1.5 per cent in July
OTTAWA — Statistics Canada says wholesale sales rose 1.5 per cent to $63.9 billion in July, more than offsetting a 0.9 per cent drop in June. Economists had expected a increase of 0.5 per cent, according to Thomson Reuters Eikon. Statistics Canada says sales were up in four of the seven subsectors tracked. The personal and household goods subsector rose 4.2 per cent... Read More

Barrick buys Randgold to create world’s largest gold miner

Barrick buys Randgold to create world’s largest gold miner
LONDON — Toronto based Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world’s largest gold miner. Investors will get 6.128 new Barrick shares for each Randgold share they hold. Shareholders in Barrick will own about 66.6 per cent of the merged company, which will combine Randgold’s African mines with Barrick’s holdings in the Americas.... Read More