Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,274.98, up 77.16 points). Aphria Inc. (TSX:APHA). Health care. Down $2.91, or 27.69 per cent, to $7.60 on 32.8 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down eight cents, or 1.05 per cent, to $7.52 on 16.9 million shares. Bombardier Inc. (TSX:BBD.B). Up four cents, or 1.8 per cent,... Read More

Gluts, price differential: Six things to know about Canada’s oil-price gap

Gluts, price differential: Six things to know about Canada’s oil-price gap
EDMONTON — The Alberta government has ordered a mandatory cut to crude oil production next year to deal with historically low prices being paid for Canadian oil. Here are six things to know about Canada’s resource: Light or heavy: Each type of oil around the world has its own price. New-York-traded West Texas Intermediate (WTI), delivered at Cushing, Okla., is the benchmark price... Read More

Fake website launched in New Brunswick to educate investors about real scams

Fake website launched in New Brunswick to educate investors about real scams
FREDERICTON — People who fell for a website hyping a too-good-to-be-true investment opportunity for New Brunswick’s coastline got lucky: The scam wasn’t intended to trap potential investors, but to teach them. The site was created by New Brunswick’s Financial and Consumer Services Commission, who decided that a good way to educate people about real investment scams was to launch their... Read More

Alberta crude production cuts expected to create winners and losers: analysts

Alberta crude production cuts expected to create winners and losers: analysts
CALGARY — Oil production cuts announced by the Alberta government will have the desired outcome of reducing steep price discounts on western Canadian crude, but will also create winners and losers, financial analysts say. Shares in the companies most likely to benefit from the move to curtail crude production starting Jan. 1 soared Monday as oil price differentials plunged. Meanwhile, shares in oil... Read More

Second group interested in developing LeBreton Flats as Melnyk-backed proposal flounders

Second group interested in developing LeBreton Flats as Melnyk-backed proposal flounders
OTTAWA — A second group has expressed its interest in developing Ottawa’s LeBreton Flats, and it says an NHL arena is part of its plan. DevCore Group, which submitted a bid to develop the area near Parliament Hill in 2016 but lost to a group co-headed by Senators owner Eugene Melnyk, said in a statement Monday that it remains ready to... Read More

Canada has ‘high level of confidence’ USMCA will be ratified in U.S. : Morneau

Canada has ‘high level of confidence’ USMCA will be ratified in U.S. : Morneau
NEW YORK — Federal Finance Minister Bill Morneau says Canada takes seriously comments made by U.S. President Donald Trump about withdrawing from the North American Free Trade Agreement. But Morneau told a gathering in New York today he had no insight into when that might happen. And the finance minister said he has a “high level of confidence” that the... Read More

Shares in Cenovus, Canadian Natural soar on Alberta crude production cuts

Shares in Cenovus, Canadian Natural soar on Alberta crude production cuts
CALGARY — Shares in oilsands companies most likely to benefit from Alberta’s move to curtail crude production starting Jan. 1 are soaring in the wake of Sunday’s announcement by Premier Rachel Notley. In early trading Monday morning, Cenovus Energy Inc. rose as much as 13 per cent over its Friday close to $11.11, while Canadian Natural Resources Ltd. rose as much... Read More

Aphria shares plunge more than 25 per cent after short seller report

Aphria shares plunge more than 25 per cent after short seller report
TORONTO — Shares of Aphria Inc. lost more than a quarter of their value in early trading following a report by a short seller. Aphria shares were down 2.84 or about 27 per cent at $7.67 in heaving trading on the Toronto Stock Exchange. The report by Quintessential Capital Management alleged Aphria has acquired foreign companies at inflated prices in... Read More

Where are the drones? Amazon’s customers are still waiting

Where are the drones? Amazon’s customers are still waiting
Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people’s doorsteps by now. Amazon customers are still waiting. And it’s unclear when, if ever, this particular order by the company’s founder and CEO will arrive. Bezos made billions of dollars by transforming the retail sector. But overcoming the regulatory hurdles and safety issues posed... Read More

Subscribe Technologies Launches Premium Gingerly SaaS App Marketplace With First Paid App Offering

Subscribe Technologies Launches Premium Gingerly SaaS App Marketplace With First Paid App Offering
VANCOUVER – Subscribe Technologies Inc. (CSE: SAAS, OTCQB: SRBBF, Frankfurt: 6GQ)  is pleased to announce the official launch of its proprietary Marketplace for paid Gingerly Apps at www.gingerly.com. With this new feature launch, the Company is now ready to accept payment for premium purchased Apps, which range in price based on user team size in addition to other factors that differ... Read More