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 (15,292.71, up 75.01 points).   Aurora Cannabis Inc. (TSX:ACB). Health care. Up 16 cents, or 1.67 per cent, to $9.72 on 26.9 million shares. Canopy Growth Corp. (TSX:WEED). Health care. Up $3.61, or 6.87 per cent, to $56.14 on 16.8 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health... Read More

Nutrien to focus on Saskatchewan for potash, writes off east coast facility

Nutrien to focus on Saskatchewan for potash, writes off east coast facility
SASKATOON — The head of Nutrien Ltd. says the company has enough room for potash expansion in Saskatchewan that it doesn’t make sense to invest in expanding production in costlier regions. Chief executive Chuck Magro made the remarks on conference call with financial analysts Tuesday after taking a writedown due to the permanent closure of its potash mine in New... Read More

CP Rail says it moved record shipments of grain and biofuels in October

CP Rail says it moved record shipments of grain and biofuels in October
CALGARY — Canadian Pacific Railway says it delivered record shipments of grain and biofuels in October. The Calgary-based railway says it moved 2.64 million tonnes of Canadian grain and grain products in the month, breaking the previous high set in September 2017. CP Rail says it has shipped more than 7.5 million tonnes of grain and grain products through 14... Read More

Higher oil prices take some heat off N.L.’s deficit in fall fiscal update

Higher oil prices take some heat off N.L.’s deficit in fall fiscal update
ST. JOHN’S, N.L. — Newfoundland and Labrador had an unexpected oil price spike to thank for some slight deficit relief reported in Tuesday’s fiscal update. The cash-strapped Atlantic province reported a $547-million deficit on Tuesday, compared to the $683-million deficit projected in this spring’s budget. The projected spending for the year remained on target at around $8.4-billion. Finance Minister Tom Osborne pointed to the over-budget... Read More

Painted Pony warns natural gas output will fall due to B.C. pipeline explosion

Painted Pony warns natural gas output will fall due to B.C. pipeline explosion
CALGARY — Oil and gas producer Painted Pony Energy Ltd. says its fourth-quarter production will drop by up to 20 per cent because of reduced shipping capacity after the explosion of a natural gas pipeline in B.C. A line in Enbridge Inc.’s T-South pipeline system ruptured on Oct. 9, about 15 kilometres northeast of Prince George, B.C., causing a huge fireball. Repairs were completed at... Read More

Energy and materials help push Toronto stocks higher; U.S. markets up

Energy and materials help push Toronto stocks higher; U.S. markets up
TORONTO — The energy and materials sectors helped Canada’s main stock index push higher in late-morning trading while the health-care sector, which includes big marijuana companies, also gained ground. The S&P/TSX composite index was up 42.71 points at 15,260.41. In New York, the Dow Jones industrial average was up 82.10 points at 25,543.80. The S&P 500 index was up 7.05 points at 2,745.36, while... Read More

Postmedia invests in media platform for ‘modern cannabis enthusiasts’

Postmedia invests in media platform for ‘modern cannabis enthusiasts’
TORONTO — Postmedia Network Inc. invested in a company that runs a lifestyle website for “modern cannabis enthusiasts” in an effort to help the media company be at the forefront of cannabis content and solutions in Canada, the media conglomerate said Tuesday. The company, which owns the National Post among other newspapers and digital publications, says it made a strategic investment... Read More

Montreal home sales in October up 11 per cent compared with a year ago

Montreal home sales in October up 11 per cent compared with a year ago
MONTREAL — Home sales across Montreal and its surrounding areas in October surged 11 per cent compared with a year ago, as the city’s real estate market continued on a hot streak. The Greater Montreal Real Estate Board says there were 3,731 sales last month, a new sales record for the month of October. It also marked the 44th consecutive monthly sales increase,... Read More

Bausch Health reports $350M third-quarter loss, revenue edges lower

Bausch Health reports $350M third-quarter loss, revenue edges lower
LAVAL, Que. — Bausch Health Companies Inc. reported a loss of $350 million in its latest quarter as its revenue moved lower. The company formerly known as Valeant Pharmaceuticals says the loss for the quarter ended Sept. 30 amounted to $1.00 per diluted share. The result compared with a profit of $1.30 billion or $3.69 per share in the same period... Read More