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 (16,263.05, down 454.39 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 16 cents, or 14.3 per cent, to 96 cents on 38.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 14 cents, or 7.18 per cent, to $1.81 on 23.3 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Down 27 cents,... Read More

SNC-Lavalin disbands special committee on spinoffs, but ‘all options’ still open

SNC-Lavalin disbands special committee on spinoffs, but ‘all options’ still open
MONTREAL — SNC-Lavalin Group Inc. has disbanded the special committee it quietly launched in December 2018 to explore strategic options that included spinning off chunks of the engineering giant when it was confronting criminal charges. “The committee was very useful to me in the first half of last year in getting to the point where we defined the new strategic... Read More

CRTC needs to take new approach on wireless price reductions, advocate says

CRTC needs to take new approach on wireless price reductions, advocate says
GATINEAU, Que. — The head of a national non-profit group says it’s time for Canada’s telecommunications regulator to take a new approach to bring down the high prices that consumers pay for wireless data. OpenMedia executive director Laura Tribe says Canadians are frustrated with what they pay to use their smartphones to access the internet, and predicts public dissatisfaction will only grow if telecom regulations remain as... Read More

Great Atlantic Plans 2020 Diamond Drilling Golden Promise Gold Property Central Newfoundland

Great Atlantic Plans 2020 Diamond Drilling Golden Promise Gold Property Central Newfoundland
VANCOUVER – February 28– GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) has announced it is preparing and planning to submit an application for Phase 2 diamond drilling at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The drilling is planned for 2020 at the Jaclyn Zone, specifically the Jaclyn Main Zone (JMZ) and along projected strike east of... Read More

Lawsuit over African mine can be heard in British Columbia: Supreme Court

Lawsuit over African mine can be heard in British Columbia: Supreme Court
OTTAWA — A human-rights lawsuit against a Canadian mining company can be heard in British Columbia, even though it involves events in Africa, the Supreme Court of Canada says. The high court ruled Friday against B.C.-based Nevsun Resources (TSX:NSU), which had argued the claim should not proceed because a Canadian court could not decide the legality of acts by foreign states. Three refugees from Eritrea in eastern Africa allege they... Read More

TMX exchanges operating normally Friday after glitch forced halt a day earlier

TMX exchanges operating normally Friday after glitch forced halt a day earlier
TORONTO — TMX Group says trading activity is operating normally on its exchanges after a malfunction Thursday forced it to close trading early amid a major market sell off. With trading resumed Friday, the Toronto Stock Exchange was trading down more than four per cent mid-morning as it caught up to the steep late-day sell off in U.S. markets a day earlier. The company that runs the TSX, along... Read More

Shopify cancels annual conference due to fears over coronavirus

Shopify cancels annual conference due to fears over coronavirus
OTTAWA — Shopify Inc. says the recent outbreak of a novel form of coronavirus has prompted it to cancel its annual conference. The Ottawa-based e-commerce giant says the Unite conference was set to take place in Toronto on May 7, but evolving public health concerns have derailed those plans. The company says in a statement to The Canadian Press that it believes cancelling the... Read More

Global stocks fall on virus fears after Wall Street plunge

Global stocks fall on virus fears after Wall Street plunge
Global stock markets plunged further Friday on spreading virus fears, deepening a global rout after Wall Street endured its biggest one-day drop in nine years. Germany’s DAX skidded more than 5%, Tokyo and Shanghai closed 3.7% lower and New York markets looked set for more losses with the futures for the Dow Jones Industrial Average and S&P 500 down 2.3%.... Read More