Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,244.59, up 77.03 points). Crescent Point Energy Corp. (TSX:CPG). Energy. Up 29 cents, or 6.64 per cent, to $4.66 on 13.2 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 25 cents, or 1.92 per cent, to $12.78 on 10.6 million shares. The Green Organic Dutchman Holdings. (TSX:TGOD).... Read More

Toronto stock market resumes upward move while U.S. markets surge

Toronto stock market resumes upward move while U.S. markets surge
TORONTO — Canada’s main stock index resumed its upward trajectory as investors responded to the Federal Reserve’s dovish outlook from Wednesday and supportive economic data at home. The S&P/TSX composite index closed up 77.03 points to 16,244.59. In New York, the Dow Jones industrial average was up 216.84 points at 25,962.51. The S&P 500 index was up 30.65 points at... Read More

Sobey family empire donates $18 million to Saint Mary’s University

Sobey family empire donates $18 million to Saint Mary’s University
HALIFAX — The Sobey family empire is donating $18 million to Saint Mary’s University — the single largest gift in the school’s history — aiming to boost business education in Atlantic Canada and position the Sobey School of Business to compete with the country’s top commerce faculties. The donation from the Sobey family, The Sobey Foundation and Sobeys Inc. renews a long-standing philanthropic... Read More

Comcast to sell streaming-TV bundle for internet customers

Comcast to sell streaming-TV bundle for internet customers
NEW YORK — Comcast is launching an aggregated bundle of existing streaming-TV apps for $5 a month. The new service, “Flex,” available March 26, brings together apps that customers already pay for, like Netflix, Amazon’s video or HBO, and free services like YouTube, Pluto and Tubi, and lets users search for TV shows and movies across the different services. All... Read More

How to claim new climate action incentive and some oft-forgotten tax credits

How to claim new climate action incentive and some oft-forgotten tax credits
VANCOUVER — Personal tax experts are reminding Canadians to claim all of the tax credits they may be eligible for when they file their income tax return this year including the new climate-related tax credit and other oft-forgotten deductions. The climate action incentive can be claimed by those who are 18 or older and resided in Saskatchewan, Manitoba, Ontario or... Read More

Hudbay’s Rosemont mine pushes ahead despite concerns on water impacts

Hudbay’s Rosemont mine pushes ahead despite concerns on water impacts
TORONTO — A controversial mine being developed by a Canadian company in Arizona shows the lengths to which the industry will go to feed the world’s unrelenting demand for copper. Hudbay Minerals Inc. and a previous owner have been pushing to get approval for the Rosemont mine for more than a decade amid local opposition and skepticism from regulators about... Read More

Report calls for increase in electric buses as manufacturing footprint grows

Report calls for increase in electric buses as manufacturing footprint grows
TORONTO — A new report by a green energy think-tank calls for increased investment in electric buses to both reduce emissions and boost Canada’s growing manufacturing base of the vehicles. The report by Clean Energy Canada says that while Canada is a leading manufacturer of electric buses, transit authorities are behind international peers. China is by far the leader in... Read More

Export slump deepens for American whiskey producers

Export slump deepens for American whiskey producers
LOUISVILLE, Ky. — American whiskey producers are suffering a worsening hangover from the Trump administration’s trade disputes. Overall exports of bourbon, Tennessee whiskey and rye whiskey fell 11 per cent during the second half of 2018 compared to the prior-year period, as the impact of tariffs started to be felt, the Distilled Spirits Council said in a report Thursday. The... Read More

Levi Strauss readies for prime time in the public markets

Levi Strauss readies for prime time in the public markets
NEW YORK — Levi Strauss & Co., which gave America its first pair of blue jeans, is public again, for the second time. The 166-year-old company, which owns the Dockers and Denizen brands, previously went public in 1971, but the namesake founder’s descendants took it private again in 1985. The stock, which is listed under the ticker “LEVI,” opened for... Read More