RCMP charge two Montrealers over cyber attack of Bell customer accounts

RCMP charge two Montrealers over cyber attack of Bell customer accounts
MONTREAL — The RCMP say charges have been laid against two Quebecers for their alleged involvement in a cyber attack of Bell Canada customer accounts. Nana Koranteng and Jesiah Russell-Francis of Montreal are to appear on charges including unauthorized use of a computer, fraud over $5000, conspiracy to commit fraud, laundering proceeds of crime, identity theft, and identity fraud. The... Read More

Wind power association pursues partnership with solar, other technologies

Wind power association pursues partnership with solar, other technologies
CALGARY — The president of the Canadian Wind Energy Association says the industry has proven that wind can compete on price with other sources of electrical power but now it must prove it can be just as reliable. Addressing the opening session of the 35th CanWEA annual wind energy conference and exhibition in Calgary, Robert Hornung said that is why next year’s... Read More

Alberta bill proposes agency to help Indigenous groups invest in energy projects

Alberta bill proposes agency to help Indigenous groups invest in energy projects
EDMONTON — Alberta is moving to set up a new Crown corporation to help Indigenous groups invest in major natural resource projects. The United Conservatives have introduced a bill that says the government would put up $1 billion, along with technical and financial advice, to backstop the Crown. Premier Jason Kenney says it would be a new way of doing business with First Nations. He says it... Read More

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 (16,293.95, down 127.80 points.) Encana Corp. (TSX:ECA). Energy. Down 39 cents, or 6.49 per cent, to $5.62 on 6.8 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up two cents, or 0.36 per cent, to $5.52 on 6.3 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down four cents,... Read More

IMF chief: trade conflicts fuel synchronized global slowdown

IMF chief: trade conflicts fuel synchronized global slowdown
WASHINGTON — The new head of the 189-nation International Monetary Fund warned Tuesday that the world economy is in the grips of a “synchronized global slowdown” that will result in slower growth for 90% of the world this year. IMF Managing Director Kristalina Georgieva said that an updated IMF forecast to be released next week will show growth falling to... Read More

North American stock markets down in face of increased U.S.-China trade tensions

North American stock markets down in face of increased U.S.-China trade tensions
TORONTO — The energy sector led Canada’s main stock index lower, while U.S. stock markets pulled back in the face of increased tensions ahead of U.S.-China trade talks. The S&P/TSX composite index was down 131.98 points at 16,289.77. In New York, the Dow Jones industrial average was down 250.44 points at 26,227.58. The S&P 500 index was down 30.69 points at... Read More

Widow of QuadrigaCX founder to hand over most assets in settlement

Widow of QuadrigaCX founder to hand over most assets in settlement
TORONTO — The widow of the founder of QuadrigaCX has agreed to hand over most of her assets in a settlement reached as part of bankruptcy proceedings for the now defunct cryptocurrency exchange. The settlement says Jennifer Robertson and the estate of her late husband, Gerald Cotten, are to return about $12 million in assets to help repay users of the exchange. The funds... Read More

Chinese state TV halts NBA preseason China game broadcasts

Chinese state TV halts NBA preseason China game broadcasts
BEIJING — Chinese state broadcaster CCTV will no longer air NBA preseason games set in China after Houston Rockets general manager Daryl Morey tweeted an image that supported anti-government demonstrations in Hong Kong. CCTV also said Tuesday in a statement posted to the official social media account of its sports channel that it is reviewing all its co-operation and exchanges... Read More