Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,346.66, up 116.62 points). Stornoway Diamond Corp. (TSX:SWY). Materials. Up half a penny, or 25 per cent, to 2.5 cents to 8.3 million shares. Aphria Inc. (TSX:APHA). Health care. Up 45 cents, or 4.55 per cent, to $10.33 on 4.3 million shares. Burcon Nutrascience Corp. (TSX:BU).... Read More

Toronto stock market recovers some of last week’s losses on quiet day of trading

Toronto stock market recovers some of last week’s losses on quiet day of trading
TORONTO — Canada’s main stock index started the week by recovering some of last week’s losses on broad-based gains during a quiet day of trading. The S&P/TSX composite index closed up 116.62 points to 16,346.66. U.S. stock markets were closed for the Memorial Day holiday. The Canadian dollar traded at an average of 74.39 cents US compared with an average of... Read More

Liberals push forward with ratification of new NAFTA in House of Commons

Liberals push forward with ratification of new NAFTA in House of Commons
OTTAWA — The federal government has moved forward in Parliament with the ratification of the new North American free-trade agreement as the legislative clock ticks towards a summer adjournment and fall election. Foreign Affairs Minister Chrystia Freeland tabled a Ways and Means motion in the House of Commons this afternoon to lay the groundwork for ratifying the new pact. Freeland... Read More

Fiat Chrysler wants to form global giant with Renault

Fiat Chrysler wants to form global giant with Renault
PARIS — Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker and combine their investments in the race to make new electric and autonomous vehicles. The merged company would reshape the global industry: it would make some 8.7 million vehicles a year, leapfrogging General Motors and trailing only Volkswagen and Toyota. Shares of... Read More

Greek prime minister calls for early election after EU loss

Greek prime minister calls for early election after EU loss
ATHENS, Greece — Greek Prime Minister Alexis Tsipras has called for an early national election following the defeat of his party at the European Parliament elections. Tsipras said from the Syriza party offices that “the result does not rise to our expectations … I will not ignore it or quit.” The government’s term expires in October and before Sunday night’s... Read More

Canadian Utilities selling Canadian fossil fuel-based power assets

Canadian Utilities selling Canadian fossil fuel-based power assets
CALGARY — Canadian Utilities Ltd. says it has signed agreements to sell its entire Canadian fossil fuel-based electricity generation portfolio for approximately $835 million. Under a deal with Heartland Generation Ltd., an affiliate of Energy Capital Partners, the company will sell 11 partly or fully owned natural gas-fired and coal-fired electricity generation assets in Alberta, British Columbia and Ontario. Canadian... Read More

Homebuyers escaping high housing costs by relocating to secondary cities

Homebuyers escaping high housing costs by relocating to secondary cities
TORONTO — Danielle Bacci’s favourite part of her move to near Windsor, Ont., is the lack of traffic along her 15-minute commute to work in nearby Leamington. The 26-year-old bank employee and her partner left Toronto and bypassed the suburbs of the GTA for the affordability of Kingsville, Ont. “We decided if we’re going to go somewhere far we wanted to... Read More