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 (16,301.91, up 62.65 points). Encana Corp. (TSX:ECA). Energy. Down 33 cents, or 5.02 per cent, to $6.25 on 7.5 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 20 cents, or 0.87 per cent to $23.32 on 5.5 million shares. Stornoway Diamond Corp. (TSX:SWY). Materials. Unchanged at two... Read More

TSX nears three-week high after financials gets lift from housing report

TSX nears three-week high after financials gets lift from housing report
TORONTO — Canada’s main stock index closed just shy of a three-week high after the heavyweight financials sector was bolstered by a positive housing report. The S&P/TSX composite index gained 62.65 points to 16,301.91. In New York, the Dow Jones industrial average was down 17.16 points at 26,089.61. The S&P 500 index was down 4.66 points at 2,886.98, while the Nasdaq composite was... Read More

Bell apologizes for another Fibe TV app outage during the NBA Finals

Bell apologizes for another Fibe TV app outage during the NBA Finals
TORONTO — Bell is apologizing for another technical problem that cut service to several thousand of its Fibe TV customers in crucial moments of an 2019 NBA Finals game — this time the championship one. The company attributes Thursday night’s issue during the nail-biter moments, when the Toronto Raptors battled the Golden State Warriors to ultimately clinch the trophy, to “a malfunction in the hardware supporting the app.” Bell... Read More

Quebec developer makes formal buyout offer to Transat, outbidding Air Canada

Quebec developer makes formal buyout offer to Transat, outbidding Air Canada
MONTREAL — A Quebec developer who promised a takeover proposal for Transat AT Inc. has made good on his word, outbidding Air Canada in the process. Vincent Chiara of Group Mach Inc. filed a formal offer with the tour operator Thursday. The Montreal real estate heavyweight says he has proposed to acquire all of Transat’s voting shares for $14 each or $527.6... Read More

Broadcom shares fall as chipmaker warns on trade war impact

Broadcom shares fall as chipmaker warns on trade war impact
NEW YORK — Chipmakers suffered broad declines Friday after Broadcom warned that its business is being hurt by the U.S. trade dispute with China, including the Trump administration’s efforts to curb sales to the Chinese telecom giant Huawei. After the market closed on Thursday, Broadcom reduced its 2019 revenue forecast by $2 billion, saying customers are trimming orders because of... Read More

Pot edibles, topicals and extracts to hit shelves no earlier than mid-December: Ottawa

Pot edibles, topicals and extracts to hit shelves no earlier than mid-December: Ottawa
OTTAWA — The federal government says a “limited selection” of edibles and other next-generation cannabis products will hit retail shelves no earlier than mid-December 2019. Ottawa today released details of the final version of its regulations governing these pot products, including topicals and extracts, and says the rules will come into force on Oct. 17. However, it noted that after the law takes effect, federal... Read More

Researchers Rely on Evolving Technology to aid in the Fight Against Disease

Researchers Rely on Evolving Technology to aid in the Fight Against Disease
In 2016, a total of 56.9 million deaths were reported and of that number, 54% were due to the top 10 medical conditions. However, the two most common conditions were Ischaemic heart disease and stroke, which accounted for 15.2 million deaths in 2016 alone. Moreover, these two conditions have been the leading causes of global death in the past 15... Read More

Energy and materials sectors help lift TSX, U.S. stock markets down

Energy and materials sectors help lift TSX, U.S. stock markets down
TORONTO — Canada’s main stock index edged higher in late-morning trading, helped by the energy and materials sectors, while U.S. stocks were down. The S&P/TSX composite index was up 3.97 points at 16,243.23. In New York, the Dow Jones industrial average was down 77.29 points at 26,029.48. The S&P 500 index was down 10.33 points at 2,881.31, while the Nasdaq... Read More

To hit environment goals, feds should create ‘super’ tax credit, report says

To hit environment goals, feds should create ‘super’ tax credit, report says
OTTAWA — A government-struck expert panel is calling for new “super-deduction” tax credits as a carrot for Canadians to park their retirement savings in climate-conscious investments. The report this morning to Finance Minister Bill Morneau says the government should let people deduct more than 100 per cent of retirement contributions they put into investments such as bonds that help reduce greenhouse-gas emissions. The panel expects the... Read More