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 (16,188.10, down 63.27 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down four cents, or 0.3 per cent, to $13.22 on 21.8 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD). Health care. Up 38 cents, or 7.45 per cent, to $5.48 on 17.7 million shares. Hexo Corp. (TSX:HEXO). Health... Read More

Stock options to be taxed more like regular income under new federal budget

Stock options to be taxed more like regular income under new federal budget
OTTAWA — Executives at big established companies who get paid with large stock grants will owe more in tax under changes promised in the new federal budget. Under the current rules, employee stock option benefits are taxed at half the normal rate of personal income — the same rate as capital gains. The plan announced in the federal budget Tuesday... Read More

New Brunswick Tory government budget offers surplus, debt reduction

New Brunswick Tory government budget offers surplus, debt reduction
FREDERICTON — New Brunswick’s minority Tory government tabled a $9.8-billion budget this afternoon — projecting a $23-million surplus and the first reduction in the net debt in 13 years. The debt is currently estimated at $14.1 billion, and is expected to decline by $49 million by this time next year. Finance Minister Ernie Steeves says the province is at a crossroads,... Read More

Canada’s main stock index down slightly after surging Monday

Canada’s main stock index down slightly after surging Monday
TORONTO — Canada’s main stock index was down slightly this morning following a significant gain Monday. The S&P/TSX composite index was off 19.79 points at 16,231.58 after 90 minutes of trading. The index had its highest close in nearly seven months on Monday after gaining 111.02 points. In New York, the Dow Jones industrial average was up 113.2 points at 26,027.30. The... Read More

Wells Fargo agrees to pay $800K in Schilling video game deal

Wells Fargo agrees to pay $800K in Schilling video game deal
PROVIDENCE, R.I. — Wells Fargo Securities has agreed to pay an $800,000 civil penalty to settle a U.S. Securities and Exchange Commission lawsuit over Rhode Island’s failed $75 million deal with former Boston Red Sox pitcher Curt Schilling’s video game company. Wells Fargo and the SEC announced the proposed settlement in filings Monday with the U.S. District Court in Providence.... Read More

Budget to tout Liberal economic record, provide distraction from SNC furor

Budget to tout Liberal economic record, provide distraction from SNC furor
OTTAWA — The Trudeau government will attempt to set the stage for this fall’s election — and provide some distraction from the SNC-Lavalin affair — with today’s end-of-mandate budget touting the Liberals’ economic record. The Liberal government’s fourth and final budget before the election is expected to include measures to help first-time home buyers, seniors and adult Canadians who want to return... Read More

Alberta government announces further easing of oil production restrictions

Alberta government announces further easing of oil production restrictions
EDMONTON — The Alberta government has announced another easing of restrictions on oil production, saying the amount that can be produced will increase in May by 25,000 barrels per day and another 25,000 barrels per day in June. The province mandated production cuts at the start of this year in an effort to reduce a price discount on oil produced in Western... Read More