Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (17,003.13, up 56.23 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up three cents, or 0.87 per cent, to $3.47 on 10 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down four cents, or 0.1 per cent, to $40.08 on 8.4 million shares. Encana Corp. (TSX:ECA). Energy. Up four... Read More

TSX ends week higher as crude oil rises on trade truce between U.S. and China

TSX ends week higher as crude oil rises on trade truce between U.S. and China
TORONTO — Canada’s main stock index capped the week with an upswing Friday as crude oil prices hit their highest level in nearly three months after a partial trade truce between the world’s two largest economies. The S&P/TSX composite index closed up 56.23 points at 17,003.13 with support from the technology, materials and financials sectors. In New York, the Dow Jones industrial average was up... Read More

Holiday shopping off to slow start, US retail sales up 0.2%

Holiday shopping off to slow start, US retail sales up 0.2%
WASHINGTON — U.S. retail sales rose at a modest pace in November as the holiday shopping season appeared to have a slow start. The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2% in November, down from 0.4% in the previous month. Healthy car sales lifted the overall figure. Excluding autos, sales ticked up just 0.1%. Steady... Read More

Samsung signs its first Canadian telecom equipment deal with Quebecor’s Videotron

Samsung signs its first Canadian telecom equipment deal with Quebecor’s Videotron
MONTREAL — Samsung Electronics has made a first step into Canada’s telecommunications infrastructure market with a deal to supply equipment for Videotron’s wireless network in the province of Quebec and the Ottawa region of Ontario. Videotron operates one of Canada’s four major regional wireless businesses in competition against the three big national carriers — Rogers, Bell and Telus — which have each spent billions in... Read More

Volkswagen intends to plead guilty on environment charges in Canadian court

Volkswagen intends to plead guilty on environment charges in Canadian court
Lawyers for Volkswagen say the German auto giant intends to plead guilty to all 60 charges against it in an Ontario court today on allegations that the company broke numerous environmental laws. The Canadian government announced Monday it was charging the behemoth with 58 infractions of the Canadian Environmental Protection Act, as well as two counts of providing misleading information. Volkswagen’s... Read More

Teamsters say CN transferring workers across country twice in one year

Teamsters say CN transferring workers across country twice in one year
MONTREAL — Canadian National Railway Co. is transferring some rail traffic control positions to Edmonton from Montreal, prompting a backlash from the Teamsters union as talks to ratify a post-strike collective agreement continue. CN said Friday that fewer than 15 workers are affected by the change, though Teamsters Canada complained that the relocations were happening less than a year after the workers had been... Read More

Slower-than-expected economic growth to help Canada’s defence spending numbers

Slower-than-expected economic growth to help Canada’s defence spending numbers
OTTAWA — The federal government is predicting Canadian defence spending will inch closer to its NATO promises in the coming years than originally expected — though not because Ottawa is planning to send new money the military’s way. All NATO members, including Canada, agreed in 2014 to work toward spending the equivalent of two per cent of their gross domestic products... Read More