Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,149.49, down 122.17 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 66 cents, or 7.87 per cent, to $9.05 on 12.8 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Up three cents, or 1.62 per cent, to $1.88 on 12 million shares. Encana Corp. (TSX:ECA).... Read More

Electric car sales climb in wake of new $5,000 federal rebate program

Electric car sales climb in wake of new $5,000 federal rebate program
OTTAWA — Transport Canada data shows more than 14,000 electric vehicles were purchased nationwide during the first three months of the federal government’s new rebate program. On May 1, Ottawa began offering rebates of up to $5,000 on the purchase of some electric vehicles. The rebate is intended to bring the price of zero-emission vehicles closer to their gas-powered cousins. Dan Woynillowicz, policy director at... Read More

Mosaic lays off about 350 workers as it idles Colonsay mine in Saskatchewan

Mosaic lays off about 350 workers as it idles Colonsay mine in Saskatchewan
COLONSAY, Sask. — The Mosaic Co. says it is cutting about 350 workers at its Colonsay potash mine in Saskatchewan as it ramps up production at a lower-cost operation. The fertilizer giant says it has issued 395 layoff notices to hourly workers as it indefinitely idles the Colonsay mine, but expects 52 of those workers to stay on to keep the operation on... Read More

SNC-Lavalin shares fall to near 15-year low after warning from Caisse de depot

SNC-Lavalin shares fall to near 15-year low after warning from Caisse de depot
MONTREAL — Shares of SNC-Lavalin Inc. plummeted to the lowest level in nearly 15 years Tuesday in reaction to its largest shareholder, the Caisse de depot et placement du Quebec, warning that the embattled engineering firm had to move to emergency mode to improve its project execution. The Montreal-based company’s shares fell to a low of $16.10 in early trading on the Toronto... Read More

Martinrea says Q2 adjusted profit a record, despite industry slowdown

Martinrea says Q2 adjusted profit a record, despite industry slowdown
TORONTO — Auto parts manufacturer Martinrea International Inc. has reported earnings roughly in line with expectations despite some signs of a slowdown in the industry. The Toronto-based company says it had net earnings of $28.1 million or 34 cents per share for the quarter ending June 30, compared with earnings of $55.7 million or 64 cents per share last year. Martinrea says adjusted... Read More

Drilling firm Ensign Energy shares fall as Q2 net loss exceeds forecasts

Drilling firm Ensign Energy shares fall as Q2 net loss exceeds forecasts
CALGARY — Shares in Ensign Energy Services Inc. fell by as much as 6.8 per cent after it reported a second-quarter net loss of $31.7 million or 20 cents per share, compared with a net loss of $36.7 million or 23 cents a year earlier. The Calgary-based drilling company’s revenue jumped 44 per cent to $378 million from $263 million, mainly... Read More

Aurora stock up after company issues Q4 production and revenue estimates

Aurora stock up after company issues Q4 production and revenue estimates
EDMONTON, Germany — Aurora Cannabis Inc. shares soared briefly before giving up most of their gains Tuesday after the cannabis producer estimated its fourth-quarter production available for sale was at the high end of its previous guidance, or above. The Edmonton-based company’s shares rose as much as 13 per cent to an intraday high of $9.51 on the Toronto Stock Exchange before falling back to... Read More

Bausch Health reports better Q2 results, raises 2019 estimated revenue, earnings

Bausch Health reports better Q2 results, raises 2019 estimated revenue, earnings
LAVAL, Que. — Bausch Health Companies Inc. had a smaller net loss in the second quarter and says it now expects 2019 revenue and adjusted earnings will be higher than the previous estimate. The Quebec-headquartered company, which reports in U.S. dollars, says its second-quarter net loss attributable to shareholders was $170 million, reduced from $872 million a year earlier. Bausch attributed the... Read More

Aben Resources Provides Drilling Update for Forrest Kerr Gold Project in BC’s Golden Triangle, Assays Pending for Justin Gold Project in the Yukon

Aben Resources Provides Drilling Update for Forrest Kerr Gold Project in BC’s Golden Triangle, Assays Pending for Justin Gold Project in the Yukon
VANCOUVER- Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) is pleased to announce that the 2019 drill exploration program at the Forrest Kerr Gold Project in the Golden Triangle region of British Columbia is ongoing and continues to provide encouraging visual indicators of significant alteration and mineralization immediately south of the North Boundary mineralized zone. A total of 4000 meters (m) in... Read More

Global stocks mixed as trade war fears deepen

Global stocks mixed as trade war fears deepen
BEIJING — Asian stocks fell while European markets opened higher Tuesday after China let its currency sink further and halted purchases of U.S. farm goods, fueling fears about global damage from its trade war with President Donald Trump. Benchmarks in London and Frankfurt advanced in early trading while markets in Shanghai, Tokyo and Hong Kong closed lower. Beijing allowed its... Read More