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 (16,086.54, up 48.41 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up $1.20, or 12.5 per cent, to $10.80 on 38.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 1.03 per cent, to $2.95 on 11.2 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 13 cents, or 0.58 per... Read More

China revokes Richardson Int. canola shipping permit as Huawei dispute escalates

China revokes Richardson Int. canola shipping permit as Huawei dispute escalates
WINNIPEG — One of Canada’s largest canola exporters has confirmed that China has revoked the company’s permit to export product to the country as a diplomatic feud between Canada and China escalates. The loss of the export permit for Richardson International Ltd. comes as Ottawa moves to proceed with the extradition hearing of Huawei Technologies Co. Ltd. executive Meng Wanzhou. The Canola Council of Canada says news... Read More

Creditor protection extended for cryptocurrency exchange Quadriga

Creditor protection extended for cryptocurrency exchange Quadriga
HALIFAX — Embattled cryptocurrency exchange QuadrigaCX has received a reprieve from its creditor protection deadline as the search for nearly $200 million in missing virtual currency continues. Nova Scotia Supreme Court Justice Michael Wood today granted the insolvent company a 45-day extension for a stay of proceedings. He also approved the appointment of a chief restructuring officer, but he said their work must be... Read More

SNC-Lavalin sues former CEO for millions over hospital bribery scandal

SNC-Lavalin sues former CEO for millions over hospital bribery scandal
MONTREAL — SNC-Lavalin Group Inc. is suing its former CEO in connection with a bribery scandal around the construction of a $1.3-billion Montreal hospital. The beleaguered engineering and construction giant says in court documents that Pierre Duhaime hurt the company when he helped a public servant commit a breach of trust tied to $22.5-million in bribes that helped secure the... Read More

Canadian Civil Liberties Association threatens lawsuit over Sidewalk Labs project

Canadian Civil Liberties Association threatens lawsuit over Sidewalk Labs project
TORONTO — The Canadian Civil Liberties Association is threatening litigation related to Sidewalk Labs and Waterfront Toronto’s plans to build a high-tech neighbourhood on Toronto’s waterfront. In a letter to the prime minister, the premier of Ontario and the mayor of Toronto, the association says the Quayside project should be “reset” and privacy protections should be legislated before Waterfront Toronto moves... Read More

Equifax Canada says delinquencies climbed higher in the fourth quarter

Equifax Canada says delinquencies climbed higher in the fourth quarter
TORONTO — Equifax Canada says consumer delinquencies climbed higher in the fourth quarter of 2018 and the credit monitoring company warns that rising delinquency rates are likely to become the norm this year. It says the 90-day mortgage delinquency rate rose by 1.5 per cent from the fourth quarter of 2017 to 0.18 per cent at the end of last year.... Read More

February home sales in Greater Toronto Area down from year ago, prices up

February home sales in Greater Toronto Area down from year ago, prices up
TORONTO — Home sales in the Greater Toronto Area in February fell compared with a year ago, while the average selling price ticked higher. The Toronto Real Estate Board says there were 5,025 homes sold in the region last month, down from 5,148 in the same month last year. The average selling price was $780,397, up from $767,801. The 2.4... Read More

China sets robust growth target to shore up cooling economy

China sets robust growth target to shore up cooling economy
BEIJING — China announced a robust annual economic growth target and a 7.5 per cent rise in military spending Tuesday as it convened an annual legislative session overshadowed by a tariff war with Washington. Seeking to defuse U.S. and European complaints the Chinese system is rigged against foreign companies, Premier Li Keqiang promised in a speech to the National People’s... Read More