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 (17,559.02, up 74.25 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 10 cents, or 8.2 per cent, to $1.12 on 34 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down two cents, or 0.72 per cent, to $2.77 on 10.3 million shares. Encana Corp. (TSX:ECA). Energy. Down 23 cents, or... Read More

Bombardier’s financial challenges worry ratings agencies, prompting downgrades

Bombardier’s financial challenges worry ratings agencies, prompting downgrades
MONTREAL — Two major rating agencies have voiced concerns over the finances of Bombardier Inc., whose future is being questioned as it considers options to raise its more than US$9 billion debt. S&P Global Ratings changed its outlook to “negative” from “stable” on Friday, following in the footsteps of Moody’s Investors Service, which did the same Thursday evening. The Montreal-based transportation... Read More

North American stock markets rise nearly two per cent in record-breaking week

North American stock markets rise nearly two per cent in record-breaking week
TORONTO — North American stock markets gained almost two per cent in a record-breaking week defined by continued investor optimism. The S&P/TSX composite index was up 74.25 points at 17,559.02 after trading at a record high of 17,572.15. In New York, the Dow Jones industrial average was 50.46 points at 29,348.10. The S&P 500 index was up 12.81 points at 3,329.62,... Read More

US housing construction jumps 16.9% in December

US housing construction jumps 16.9% in December
WASHINGTON — Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labour market helped lift the prospects of the housing industry. The Commerce Department reported Friday that builders started construction on 1.61 million homes at a seasonally adjusted annual rate in December, up 16.9%... Read More

Cannabis company Canopy Growth delaying launch of infused beverages

Cannabis company Canopy Growth delaying launch of infused beverages
SMITH FALLS, Ont. — Canopy Growth Corp. is delaying the launch of its cannabis-infused drinks. The company says work to scale up to commercial production is not complete and it is delaying the launch date while it completes the final steps. Canopy submitted its final documentation for its beverage facility to Health Canada last June and received its license in... Read More