Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,037.49, down 51.75 points). Avalon Advanced Materials Inc. (TSX:AVL). Materials. Down 1.5 cent, or 1.46 per cent, to 12 cents on 7.7 million shares. First Quantum Minerals Ltd. (TSX:FM). Materials. Down 17 cents, or 1.7 per cent, to $9.84 on 7.5 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up one... Read More

CRA decides against taking one of its battles with Cameco to Supreme Court

CRA decides against taking one of its battles with Cameco to Supreme Court
OTTAWA — The Canada Revenue Agency says it won’t appeal a federal court decision that says the revenue minister doesn’t have the authority to compel a company’s employees to answer oral questions from the tax collection agency. The decision follows the Federal Court’s refusal to order about 25 personnel from Saskatoon-based Cameco Corp. and its subsidiaries to attend interviews and answer oral... Read More

Huawei retaliation? China draws up list of “unreliables”

Huawei retaliation? China draws up list of “unreliables”
In an ominous but vague warning, China said Friday that it was drawing up a list of “unreliable” companies, organizations and individuals for targeting in what could signal retaliation for U.S. sanctions on the Chinese tech powerhouse Huawei. “We think it may be the beginning of Beijing’s attempt to roll out a retaliatory framework,” said Paul Triolo of the global... Read More

Report: Huawei cuts meetings with US, sends US workers home

Report: Huawei cuts meetings with US, sends US workers home
BEIJING — The Financial Times reported Friday that tech giant Huawei has ordered its employees to cancel technical meetings with American contacts and has sent home numerous U.S. employees working at its Chinese headquarters. The moves come amid growing U.S.-China tensions over trade and technology in which Huawei has been a main target. The newspaper quoted Huawei’s chief strategy architect,... Read More

Economy posts another weak quarter of growth, but shows signs of rebound

Economy posts another weak quarter of growth, but shows signs of rebound
OTTAWA — Canada’s economic expansion remained sluggish in the first three months of the year, giving the country its weakest back-to-back quarters of growth since 2015. But stronger data for March — the final month of the first quarter — suggests Canada’s economy is in the process of bouncing back from its hibernation. The economy expanded at an annualized pace of just 0.4 per cent in the first quarter, slightly... Read More

YouTube to shutter its Toronto creator space

YouTube to shutter its Toronto creator space
TORONTO — YouTube says it’ll close the company’s only permanent Canadian studio later this year as it shifts strategies. The media giant sent an email on Thursday to its online creator community outlining plans to replace its Toronto studio with a “pop-up” approach that’ll roll out temporary studios in different regions of the country. It says the move will help YouTube’s production assets reach... Read More