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 (14,877.00, down 194.01 points). Bombardier Inc. (TSX:BBD.B). Up six cents, or 2.9 per cent, to $2.13 on 29.9 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up one cent, or 0.12 per cent, to $8.03 on 23.7 million shares. Cenovus Energy Inc. (TSX:CVE). Energy. Down 66 cents, or 6.23 per... Read More

Tech giants plunge again, pushing market into red for year

Tech giants plunge again, pushing market into red for year
NEW YORK — Stocks dropped again Tuesday as losses mounted for the world’s largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year. Oil prices tumbled another 6.6 per cent as Wall Street reacted to rising oil supplies and concerns that global economic growth will slow... Read More

Ride-hailing group says B.C. model looks a lot like expanded taxi industry

Ride-hailing group says B.C. model looks a lot like expanded taxi industry
VANCOUVER — A coalition of businesses and interest groups advocating for ride-hailing in British Columbia says legislation introduced yesterday will just create an expanded taxi industry, not the ride-hailing services that customers expect. Ian Tostenson of Ridesharing Now for BC says members are “bewildered” that the future of ride-hailing in the province remains uncertain and the government hasn’t committed to a start... Read More

As Facebook faces fire, heat turns up on No. 2 Sandberg

As Facebook faces fire, heat turns up on No. 2 Sandberg
NEW YORK — For the past decade, Sheryl Sandberg has been the poised, reliable second-in-command to Facebook CEO Mark Zuckerberg, helping steer Facebook’s rapid growth around the world, while also cultivating her brand in ways that hint at aspirations well beyond the social network. But with growing criticism over the company’s practices, or lack of oversight, her carefully cultivated brand... Read More

Bombardier has runway to recover from share price collapse, say analysts

Bombardier has runway to recover from share price collapse, say analysts
MONTREAL — Transportation industry analysts say Bombardier Inc. is a high-risk investment that has room to grow after the recent share price collapse they called overdone. The Montreal-based company’s shares are trading near where they were in early 2015 even though its profitability has nearly doubled. Bombardier shares have fallen more than 60 per cent since July on concerns about its... Read More

Higher interest rate target? Expanded mandate? Bank of Canada explores options

Higher interest rate target? Expanded mandate? Bank of Canada explores options
OTTAWA — The Bank of Canada is studying whether it should make changes to the framework that has underpinned its policy decisions — such as interest-rate changes — for nearly four decades. In a speech today, senior deputy governor Carolyn Wilkins says the current inflation-targeting approach has improved the economic and financial well-being of Canadians since it was established in 1991. But Wilkins says after a decade in the post-financial-crisis world... Read More

Ottawa to release competitiveness plan, but it’s unclear how much help is needed

Ottawa to release competitiveness plan, but it’s unclear how much help is needed
OTTAWA — The federal government will roll out an update to its fiscal plan Wednesday to help Canada compete for investment dollars following major American corporate tax reforms — but it’s up for debate whether Canada is facing a serious investment challenge. The business community has called on federal Finance Minister Bill Morneau to respond to the Trump administration’s tax and regulatory overhaul with significant changes of his own in Canada —including corporate tax cuts. The... Read More

AltaGas appoints CEO to replace David Harris after sudden resignation in July

AltaGas appoints CEO to replace David Harris after sudden resignation in July
Calgary-based utility AltaGas Ltd. is appointing Randy Crawford as CEO four months after the sudden resignation of ex-CEO David Harris following an unspecified “complaint” to its board. In a news release, it says Crawford will take the reins on Dec. 10 from interim co-CEOs David Cornhill and Phillip Knoll, its chairman and a member of the board, respectively. AltaGas says... Read More

Subscribe Technologies Introduces Gingerly Marketplace

Subscribe Technologies Introduces Gingerly Marketplace
VANCOUVER – Subscribe Technologies Inc. (CSE: SAAS, OTCQB: SRBBF, Frankfurt: 6GQ) is pleased to announce its Gingerly Marketplace App development lineup. The Subscribe development team is now finalizing the Gingerly Marketplace along with paid add-on upgrades available to users to enhance their business. Gingerly offers a freemium platform which includes basic versions of its business tools at no charge while... Read More