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 (15,854.05, down 92.12 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 43 cents, or 3.36 per cent, to $13.24 on 36.9 million shares. Aphria Inc. (TSX:APH). Health care. Up $1.11, or 6.8 per cent, to $17.42 on 10.3 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up seven cents, or 0.32 per cent, to $21.93... Read More

WestJet bans staff in ‘safety-sensitive’ jobs from off-duty cannabis use

WestJet bans staff in ‘safety-sensitive’ jobs from off-duty cannabis use
CALGARY — WestJet Airlines Ltd. says it will follow the lead of rival Air Canada in banning marijuana use for staff in certain “safety-sensitive positions” even when they aren’t at work. The company says it updated its alcohol and drug policy in preparation for legalization of recreational cannabis use next week. Spokeswoman Morgan Bell says employees were notified of the changes... Read More

TSX falls despite rise in pot stocks ahead of next week’s legalization

TSX falls despite rise in pot stocks ahead of next week’s legalization
TORONTO — Canada’s main stock index lost some ground even though pot stocks rose again and led the TSX on sentiment heading into next week’s legalization. The S&P/TSX composite index closed down 92.12 points to 15,854.05. In New York, the Dow Jones industrial average lost 56.21 points at 26,430.57. The S&P 500 index was off 4.09 points at 2,880.34, while... Read More

Ontario launching public awareness campaign on cannabis legalization

Ontario launching public awareness campaign on cannabis legalization
TORONTO — Ontario is launching a public awareness campaign to highlight the dangers of using recreational cannabis and promote social responsibility ahead of the legalization of marijuana next week. Attorney General Caroline Mulroney said the ads will emphasize the province’s rules around the sale and consumption of pot, as well as measures to protect children and the community. “Our message will remain clear,” Mulroney said Tuesday... Read More

CGI Group to create 300 specialized jobs at new centre in central Quebec

CGI Group to create 300 specialized jobs at new centre in central Quebec
MONTREAL — CGI Group Inc. says it will create about 300 high-tech jobs over the next five years at a new digital innovation centre in Drummondville, Que. The Montreal-based consulting services firm says the centre will target the finance, retail and manufacturing sectors. CGI senior vice-president Michael Godin says the company aims “to contribute actively to the economic growth of... Read More

Catalyst Paper agrees to sell Canadian, French mills to Paper Excellence

Catalyst Paper agrees to sell Canadian, French mills to Paper Excellence
VICTORIA — British Columbia-based Catalyst Paper Corp. has reached an agreement to sell its operations to Paper Excellence Canada of Richmond, B.C. Catalyst CEO Ned Dwyer says when the transaction is complete it will benefit customers, employees, suppliers, communities where it operates and B.C.’s pulp, paper and forest products industries. Details of the transaction have not been released, but it will... Read More

Deciem to close all of its stores following Instagram post from founder

Deciem to close all of its stores following Instagram post from founder
TORONTO — The founder of Canadian beauty brand Deciem says he is closing all of his company’s stores. In an Instagram post, Brandon Truaxe says he is shutting down operations until further notice. Truaxe does not give a reason for the closure of the Toronto-based brand that he founded in 2013, but in his post says that “almost everyone” at his company has been... Read More

Blast at Irving Oil’s Saint John refinery unlikely to hit gas prices

Blast at Irving Oil’s Saint John refinery unlikely to hit gas prices
The explosion that rocked Irving Oil’s Saint John refinery on Monday is unlikely to affect the price of gas in Canada, according to experts. Fuel market analysts say the quick return to the facility and the fact that fuel storage tanks are likely full mean the refinery shutdown should have little short-term impact on consumers. In a tweet, the company... Read More

Energy, industrials and materials sectors fall on TSX; loonie trades lower

Energy, industrials and materials sectors fall on TSX; loonie trades lower
TORONTO — The energy, industrials and materials sectors on the Toronto Stock Exchange moved lower and weighed on Canada’s main stock index in late-morning trading. The S&P/TSX composite index was down 73.73 points at 15,872.44. In New York, the Dow Jones industrial average was down 16.06 points at 26,470.72. The S&P 500 index was up 4.88 points at 2,889.31, while... Read More