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 (17,655.49, down 102.00 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up four cents, or 2.8 per cent, to $1.47 on 15.3 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 40.5 cents, or 15.2 per cent, to $2.26 on 13.7 million shares. Suncor Energy Inc. (TSX:SU). Energy. Down 82 cents,... Read More

Trans Mountain pipeline expansion cost jumps 70 per cent to $12.6 billion

Trans Mountain pipeline expansion cost jumps 70 per cent to $12.6 billion
Delays and design changes have driven the cost to build the Trans Mountain pipeline expansion up by about 70 per cent to $12.6 billion from the $7.4 billion estimate made three years ago, the company says. The project has cost about $2.5 billion to date, including the impact of delays and additional regulatory processes, leaving an additional $8.4 billion needed to complete construction,... Read More

Hiring surges in January as Americans flood into job market

Hiring surges in January as Americans flood into job market
WASHINGTON — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. The Labor Department also said Friday that a half-million people streamed into the job market in January, though not all of them found jobs. That influx meant that... Read More

Provincial tensions with federal government easing, Kenney, Moe suggest

Provincial tensions with federal government easing, Kenney, Moe suggest
WASHINGTON — Alberta Premier Jason Kenney and Saskatchewan’s Scott Moe say they see signs that tensions in their relationship with Ottawa are beginning to ease. The two premiers are part of a delegation that’s in Washington today to celebrate the U.S.-Canada-Mexico trade agreement and promote trade and investment priorities with their American counterparts. Also in town is Chrystia Freeland, the Alberta-born deputy... Read More

S&P/TSX composite dips in late morning along with U.S. markets despite job gains

S&P/TSX composite dips in late morning along with U.S. markets despite job gains
TORONTO — Canada’s main stock index retreated in late-morning trading along with U.S. and international markets as concerns about the coronavirus overshadowed strong job gains in North America. The S&P/TSX composite index was down 73.46 points at 17,684.03 with energy and materials leading the drop. In New York, the Dow Jones industrial average was down 199.68 points at 29,180.09. The S&P 500 index was down... Read More

CAE reports net income of $99.8 million as revenue climbs in all segments

CAE reports net income of $99.8 million as revenue climbs in all segments
MONTREAL — CAE Inc. says net income rose in its third quarter as it saw revenue gains across its civil aviation, defence, and health care segments. The high-tech training company says it had a net income of $99.8 million, or 37 cents per share, in the quarter ending Dec. 31, up from $79.5 million, or 29 cents per share in the same... Read More

Statistics Canada says economy added 34,500 jobs in January, unemployment down

Statistics Canada says economy added 34,500 jobs in January, unemployment down
OTTAWA — The Canadian economy added 34,500 jobs in January, fuelled by gains in the manufacturing, construction and agriculture industries, Statistics Canada said Friday. The increase in jobs came as the unemployment rate fell to 5.5 per cent compared with 5.6 per cent in December, according to the monthly labour force survey. Economists on average had expected an increase of... Read More

US economy adds a strong 225K jobs; unemployment up to 3.6%

US economy adds a strong 225K jobs; unemployment up to 3.6%
WASHINGTON — Hiring jumped last month as U.S. employers added a robust 225,000 jobs, bolstering an economy that faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing. The Labor Department also said Friday that a half-million people streamed into the job market in January, though not all of them found jobs. That influx meant that... Read More

Canada Goose cuts revenue growth outlook as coronavirus hits sales

Canada Goose cuts revenue growth outlook as coronavirus hits sales
TORONTO — Canada Goose Holdings Inc. has cut its outlook for the year because of the “material negative impact” of the coronavirus outbreak. The luxury coat maker says it now expects revenue growth of between 13 and 15 per cent, down from the 20 per cent it had previously said, to reach revenue of between $945 million to $955 million. It says... Read More