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 (16,336.45, down 70.84 points). Encana Corp. (TSX:ECA). Energy. Down 42 nine cents, or 4.34 per cent, to $9.26 on 8.3 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 27 cents, or 2.25 per cent, to $11.72 on 8.1 million shares. Crescent Point Energy Corp. (TSX:CPG). Energy.... Read More

Quebecor CEO Peladeau in court in family dispute over company shares

Quebecor CEO Peladeau in court in family dispute over company shares
MONTREAL — A judge is urging members of Quebec’s Peladeau family not to air their dirty laundry in public in a quarrel over Quebecor shares that dates back nearly 20 years. Anne-Marie Peladeau was in court Tuesday asking her brothers Pierre Karl and Erik to respect a 2000 agreement to buy back her interests in Peladeau Investments Inc.., which controls... Read More

Farmers demand strong political response to expanding trade obstacles for Canada

Farmers demand strong political response to expanding trade obstacles for Canada
OTTAWA — Canola farmers whose livelihoods have been targeted by China in its feud with Canada are urging the federal government to step up its fight against the growing number of agricultural trade barriers around the world. Speaking to a parliamentary committee on Tuesday, several producers said China’s recent rejection of Canadian canola-seed shipments is only the latest trade disruption that’s hurt the country’s agriculture sector.... Read More

Equifax fell short of privacy obligations to Canadians, says privacy commissioner

Equifax fell short of privacy obligations to Canadians, says privacy commissioner
OTTAWA — Canada’s privacy commissioner says Equifax fell short of its privacy obligations to Canadians during and after a global data breach in 2017. Privacy concerns included poor security safeguards, retaining information too long, inadequate consent procedures, a lack of accountability for Canadians’ information and limited protection measures offered to affected individuals after the breach. Commissioner Daniel Therrien says these exacerbated the... Read More

Bill C-69 given a rough welcome at Calgary Senate committee hearing

Bill C-69 given a rough welcome at Calgary Senate committee hearing
CALGARY — A federal bill to change the way Ottawa assesses major energy projects is getting a rough ride in Calgary. Representatives of Canada’s biggest oil and gas companies took turns demanding major changes to Bill C-69 before a Senate committee making a Calgary stop on a cross-Canada series of hearings that started in Vancouver on Monday. Meanwhile, hundreds of people... Read More

Scotiabank is ‘downturn ready’ with large ‘buffer’ in mortgage portfolio: CEO

Scotiabank is ‘downturn ready’ with large ‘buffer’ in mortgage portfolio: CEO
TORONTO — The Bank of Nova Scotia’s chief executive officer pushed back at renewed bets against Canada’s banking sector and the risk posed by the housing market, saying that the lender has “a lot of buffer” in the event of a significant downturn. Brian Porter added during its annual meeting of shareholders in Toronto today that the bank stress tests its $205 billion-mortgage portfolio on... Read More

Shaw Communications reports $155M Q2 profit compared with a loss a year ago

Shaw Communications reports $155M Q2 profit compared with a loss a year ago
CALGARY — Shaw Communications Inc. reported a second-quarter profit of $155 million compared with a loss of $175 million a year earlier. The company says the profit amounted to 30 cents per share for the three cents ended Feb. 28 compared with a loss of 35 cents per share in the same quarter last year. Revenue for the quarter totalled... Read More

Sunwing ordered to compensate 16,255 passengers after delays during 2018 ice storm

Sunwing ordered to compensate 16,255 passengers after delays during 2018 ice storm
SAINT-HUBERT, Que. — The Canadian Transportation Agency has ordered Sunwing Airlines Inc. to compensate more than 16,000 passengers and pay a $694,500 fine due to widespread service problems sparked by an ice storm that hit Toronto one year ago. The transportation watchdog says blizzards and high winds triggered problems on 96 Sunwing flights between April 14 and April 18, 2018, but that the... Read More

Stocks in Toronto lower as heavyweight sectors fall, U.S. stocks also down

Stocks in Toronto lower as heavyweight sectors fall, U.S. stocks also down
TORONTO — Canada’s main stock index fell in late-morning trading as the Toronto stock market saw the key energy, financial, industrials and materials sectors all move lower. The S&P/TSX composite index was down 87.25 points 16,320.04. In New York, the Dow Jones industrial average was down 157.8 points at 26,183.22. The S&P 500 index was down 12.29 points at 2,883.48,... Read More