Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,996.97, up 142.05 points.) Encana Corp. (TSX:ECA). Energy. Up 16 cents, or 3.08 per cent, to $5.35 on 6.88 million shares. Manulife Financial Corp. (TSXLMFC). Financial Services. Up 35 cents, or 1.39 per cent, to $25.45 on 5.24 million shares. Bombardier Inc.... Read More

Toronto stock index rises with U.S. markets, loonie falls on poor jobs report

Toronto stock index rises with U.S. markets, loonie falls on poor jobs report
TORONTO — Canada’s main stock index was up almost one per cent in late-morning trading to shrug off a poor jobs report and rise with American markets that were boosted by more positive U.S. employment numbers. The S&P/TSX composite index was up 159.34 points at 17,014.26, led by the energy sector. In New York, the Dow Jones industrial average was up 309.43 points at... Read More

Roots says earnings down as business performed ‘below our expectations’

Roots says earnings down as business performed ‘below our expectations’
TORONTO — Retail company Roots says its third-quarter earnings dipped from last year to come in below its own target range as it faces a number of challenges. The clothing brand says it had a net income of $1.97 million, or five cents per share in the quarter ending Nov. 2, down from $2.8 million or seven cents per share for the same quarter last year. Analysts... Read More

Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9 per cent

Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9 per cent
OTTAWA — The Canadian economy posted its biggest monthly job loss since the financial crisis as the unemployment rate also pushed higher in November. Statistics Canada said Friday the economy lost 71,200 jobs last month and the unemployment rate rose four-tenths of a percentage point to 5.9 per cent to its highest point since August 2018 when it hit six... Read More

Canopy says new generation of cannabis products won’t be on shelves until January

Canopy says new generation of cannabis products won’t be on shelves until January
SMITHS FALLS, Ont. — Canopy Growth Corp. says its new generation of cannabis-infused food and beverage products won’t be on store shelves until January in most markets. The Ontario-based company says it’s not allowed to sell its new product formats into distribution channels until Dec. 16 and it will roll out products in a staged fashion from then to ensure a smooth rollout.... Read More

US gains a robust 266,000 jobs; unemployment falls to 3.5%

US gains a robust 266,000 jobs; unemployment falls to 3.5%
WASHINGTON — Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off global trade conflicts and added 266,000 jobs. The unemployment rate declined to 3.5% from 3.6% in October, matching a half-century low, the Labor Department reported Friday. And wages rose a solid 3.1% in November compared with a year earlier.... Read More