Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (14,939.18, up 35.69 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 59 cents, or 7.49 per cent, to $8.47 on 32.8 million shares. Aphria Inc. (TSX:APHA). Health care. Up 47 cents, or 5.4 per cent, to $9.18 on 17.8 million shares. Encana Corp. (TSX:ECA). Energy. Up 20 cents, or 2.28... Read More

Toronto stock rally continues, caps off best week in more than three years

Toronto stock rally continues, caps off best week in more than three years
TORONTO — Canada’s main stock index’s rally continued for a sixth straight day as it posted its best weekly performance in more than three years. The S&P/TSX composite index closed up 35.69 points to 14,939.18. In New York, the Dow Jones industrial average lost 5.97 points at 23,995.95. The S&P 500 index was down 0.38 of a point at 2,596.26, while... Read More

Tiny coffeeshops help owners save on rent in high-cost Toronto, Vancouver

Tiny coffeeshops help owners save on rent in high-cost Toronto, Vancouver
VANCOUVER — Customers who don’t work in the building that houses Kento Kitayama’s tiny cafe near Vancouver’s Gastown neighbourhood better be prepared to settle for takeout. He can only take orders through a little window facing the sidewalk. Iktsuarpok Coffee Stand, which opened late last month, has no seating and sparse furnishings. Kitayama could likely stand in the middle of the roughly 17-square-metre... Read More

‘Smarter’ rules would ensure all digital players pay for CanCon, panel told

‘Smarter’ rules would ensure all digital players pay for CanCon, panel told
OTTAWA — Federal lawmakers need to make foreign content providers, such as Netflix, YouTube and Amazon Prime, pay their fair share into producing Canadian content, Canada’s broadcast regulator and its public broadcaster argued this week. What that share looks like, however, remains uncertain as the federal government moves to tear down and rebuild the country’s broadcast and telecom regulations. In written submissions... Read More

Poland charges Huawei manager, ex-spy with spying for China

Poland charges Huawei manager, ex-spy with spying for China
WARSAW, Poland — Poland’s counter-espionage agency has arrested a Chinese manager at tech giant Huawei in Poland and one of its own former officers and informed them both that they face charges of spying on Poland for China, state television reported Friday. The two men were arrested Tuesday, according to the Internal Security Agency. Polish security agents also searched the... Read More

MetroCast acquisition pushes up Cogeco’s Q1 revenue, costs; profit declines

MetroCast acquisition pushes up Cogeco’s Q1 revenue, costs; profit declines
MONTREAL — An acquisition by Cogeco Inc.’s cable and internet segment pushed up first-quarter revenue, but profit was down due to higher costs associated with integrating and restructuring the business, the telecommunications company said Friday. The Montreal-based company says last year’s acquisition of the MetroCast cable systems by Cogeco Communications Inc. was the main reason Cogeco Inc.’s revenue increased to $674 million from... Read More

Aphria chief executive and co-founder stepping aside from executive roles

Aphria chief executive and co-founder stepping aside from executive roles
Aphria Inc.’s chief executive will step down from the top job after the “toll on health, family and personal priorities,” but Vic Neufeld says the decision is unrelated to recent short-seller allegations that have hit the cannabis producer’s stock. The Leamington, Ont.-company also announced Friday that co-founder Cole Cacciavillani will also leave his current role in the coming months, but both he and Neufeld... Read More