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 (14,504.13 up 77.51 points). ClearStream Energy Services Inc. (TSX:CSM). Energy. Unchanged at 7.5 cents on 16.2 million shares. Crescent Point Energy Corp. (TSX:CPG). Energy. Up three cents, or 0.68 per cent, to $4.41 on 11.9 million shares. Enbridge Inc. (TSX:ENB). Energy. Up 86 cents, or 1.97 per cent,... Read More

Amazon emerges as most valuable US firm amid market turmoil

Amazon emerges as most valuable US firm amid market turmoil
SAN FRANCISCO — Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America’s pecking order. The shift occurred Monday after Amazon’s shares rose 3 per cent to close at $1,629.51 and lifted the e-commerce leader’s market value to $797 billion. Meanwhile, Microsoft’s stock edged up by... Read More

Home items are getting smarter and creepier, like it or not

Home items are getting smarter and creepier, like it or not
NEW YORK — One day, finding an oven that just cooks food may be as tough as buying a TV that merely lets you change channels. Internet-connected “smarts” are creeping into cars, refrigerators, thermostats, toys and just about everything else in your home. CES 2019, the gadget show opening Tuesday in Las Vegas, will showcase many of these products, including... Read More

BMO creates financial crimes unit with cybersecurity, fraud capabilities

BMO creates financial crimes unit with cybersecurity, fraud capabilities
TORONTO — The Bank of Montreal is creating a financial crimes unit bringing together existing capabilities around cybersecurity, fraud and physical security. The new unit will be led by Larry Zelvin, who joins the bank on Jan. 14. He has been CitiGroup Inc.’s managing director and global head of cybersecurity. BMO’s financial crimes unit will work together with the bank’s... Read More

Former CanniMed CEO launches new pot company, but won’t be growing weed

Former CanniMed CEO launches new pot company, but won’t be growing weed
TORONTO — The former chief executive of licensed producer CanniMed Therapeutics Inc. has a budding new cannabis business largely made up of his former employees — but his newest venture won’t involve growing pot. Brent Zettl says his biopharmaceutical company Zyus Life Sciences Inc. will instead buy cannabis from licensed producers and focus on extraction and development of plant-based medicinal products for the global medical market. He says he started... Read More

Bell asking customers for permission to collect more personal information

Bell asking customers for permission to collect more personal information
TORONTO — Canada’s largest telecommunications group is getting mixed reviews for its plan to follow the lead of companies like Google and Facebook in collecting massive amounts of information about the activities and preferences of its customers. Bell Canada began asking its customers in December for permission to track everything they do with their home and mobile phones, internet, television,... Read More

North American stock markets higher at late-morning, loonie tops 75 cents US

North American stock markets higher at late-morning, loonie tops 75 cents US
TORONTO — Canada’s main stock index edged higher in late-morning trading, boosted by gains in the energy sector as the price of oil moved higher and the health-care sector which includes the big marijuana stocks. The S&P/TSX composite index was up 6.52 points at 14,433.14. In New York, the Dow Jones industrial average was up 77.96 points at 23,511.12. The S&P... Read More

Miniso reaches interim agreement with Canadian franchisee, keeps stores open

Miniso reaches interim agreement with Canadian franchisee, keeps stores open
TORONTO — A lawyer for Miniso Guangzhou LLC says instead of heading to court Miniso Guangzhou LLC and its Canadian franchisee have reached an interim agreement. Lawyer John Grieve says in an email to The Canadian Press that the deal will keep stores operating and reinstitute the delivery of inventory to Canadian operations while both sides work towards a long-term solution. Grieve’s remarks... Read More

New CEO for Quebecor’s Videotron cable and wireless unit gets analysts’ approval

New CEO for Quebecor’s Videotron cable and wireless unit gets analysts’ approval
MONTREAL — Quebecor Inc.’s chief financial officer has been appointed to head the company’s Videotron business after the departure of its previous CEO. The appointment of Jean-Francois Pruneau to president and CEO of Videotron, which is mostly active in Quebec, fills a vacancy left by outgoing CEO Manon Brouillette. Brouillette headed Videotron for five years during a period of rapid growth as it solidified its... Read More