Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,544.24, up 42.04 points). Goldcorp Inc. (TSX:G). Materials. Down 33 cents, or 2.16 per cent, to $14.92 on 87.9 million shares. Prometic Life Sciences. Inc. (TSX:PLI). Health care. Down one cent, or 16.67 per cent, to five cents on 18.3 million shares. Crescent Point Energy... Read More

Canola group demands Ottawa ‘consider all available options’ in China seed dispute

Canola group demands Ottawa ‘consider all available options’ in China seed dispute
The Canola Council of Canada is calling on the federal government to “consider all available options” amid a trade dispute with China that has resulted in suspended seed shipments from two exporters. China suspended the licenses of Richardson International Ltd. and Viterra Inc., citing concerns about pests, and Chinese companies stopped buying seed from Canadian producers in recent months. The... Read More

Kinder Morgan options for Canadian branch delayed due to ‘complexity’

Kinder Morgan options for Canadian branch delayed due to ‘complexity’
CALGARY — Kinder Morgan Canada Ltd. says it is continuing to evaluate its strategic options and hopes to announce its next steps in coming weeks. The company was spun off from its American parent in mid-2017 to raise money to build the Trans Mountain pipeline expansion but that purpose no longer exists after it sold the existing pipeline and its expansion project to the federal government... Read More

TSX moves higher as energy sector gets help from Alberta election

TSX moves higher as energy sector gets help from Alberta election
TORONTO — Canada’s main stock index moved higher as the election of a conservative government in Alberta helped to support the energy sector despite lower crude prices, says a market observer. The S&P/TSX composite index closed up 42.04 points at 16,544.24. In New York, the Dow Jones industrial average was down 3.12 points at 26,449.54. The S&P 500 index was down... Read More

CRTC holds hearing into dispute between Quebecor and Bell over TVA Sports signal

CRTC holds hearing into dispute between Quebecor and Bell over TVA Sports signal
GATINEAU, Que. — The head of Quebecor Inc. questioned the power of the Canadian Radio-television and Telecommunications Commission in its quarrel with Bell and tried to blame the regulator for a potential termination of TVA Sports. The CRTC held a hearing Wednesday to address the dispute between the two media companies that led to the temporary suspension of TVA Sports’ signal for Bell subscribers until a judge last... Read More

TREB secures permanent injunction against Mongohouse using its data

TREB secures permanent injunction against Mongohouse using its data
TORONTO — The Toronto Real Estate Board says it has secured a permanent injunction to stop the now-defunct property listing site Mongohouse from sharing its real estate data. The board sued Mongohouse last fall, alleging the site was illegally accessing, copying and distributing its proprietary multiple listing service (MLS) data. It said Wednesday that the Federal Court of Canada has issued an order against the operators... Read More

Oil and gas sector applauds new Alberta premier’s many pro-business pledges

Oil and gas sector applauds new Alberta premier’s many pro-business pledges
CALGARY — The Alberta oilpatch is applauding the provincial election win by Jason Kenney and his United Conservatives. The Canadian Association of Petroleum Producers offered congratulations and welcomed the UCP’s commitment to making regulatory, economic and fiscal policy reforms. It says it endorsed UCP election promises to cut the corporate tax rate to eight per cent from 12 per cent,... Read More

Inflation rises 1.9% on higher prices for fresh vegetables, mortgage costs

Inflation rises 1.9% on higher prices for fresh vegetables, mortgage costs
OTTAWA — Canada’s annual inflation was up last month as price pressures strengthened for fresh vegetables, mortgage interest costs and auto insurance. Statistics Canada said Wednesday that the country’s consumer price index increased 1.9 per cent in March, in line with economists’ expectations. It was higher than its readings of 1.5 per cent for February and 1.4 per cent in January, when inflation number was at a 15-month low point.... Read More

February cannabis sales tepid as inventory stockpile grows: Health Canada

February cannabis sales tepid as inventory stockpile grows: Health Canada
OTTAWA — Heath Canada says sales of cannabis products in February fell by nearly nine per cent compared with the previous month, largely due to fewer days, but average daily sales stayed relatively flat. The government agency’s latest sales and inventory figures also show that the inventory of finished cannabis continues to pile up at both licensed producers and government retailers and distributors. Health Canada says... Read More

Sony Pictures Television forms closer ties with Wattpad storyteller platform

Sony Pictures Television forms closer ties with Wattpad storyteller platform
TORONTO — Sony Pictures Television is forming a tighter relationship with the Wattpad social media platform for storytellers, authors and writers. Toronto-based Wattpad will use its proprietary technology to identify writers that are likely to appeal to Sony Pictures Television and then act as a liaison between the creators and the multinational TV producer. A similar approach was used with a TV adaptation of... Read More