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 (12,508.45 points,  down 1,761.64 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down 19 cents, or 22.89 per cent, to $0.64 on 29.83 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $3.30, or 15.90 per cent, to$17.46 on 26.04 million shares. Aurora Cannabis Inc. (TSX:ACB).... Read More

Miner Teck Resources vows to cut carbon intensity by a third in the next decade

Miner Teck Resources vows to cut carbon intensity by a third in the next decade
VANCOUVER — Teck Resources Ltd. is doubling down on its greenhouse gas emissions targets, announcing it will aim to reduce carbon intensity in its operations by 33 per cent over the next 10 years. The Vancouver-based mining firm says the goal is in addition to its commitment made in early February to be carbon neutral across all its operations and activities by 2050. The... Read More

Collecting CPP while still contributing goes against expert advice

Collecting CPP while still contributing goes against expert advice
CALGARY — Canadians can begin collecting Canada Pension Plan payments as early as age 60, but financial advisers warn it rarely makes sense to do so. And there are even fewer reasons to start drawing retirement funds early when you’re still working. Contributors to Canada’s national pension plan can elect to start receiving benefits as early as age 60. If they are still working,... Read More

Empire Co. Ltd. sees sales bump as shoppers prep amid coronavirus outbreak

Empire Co. Ltd. sees sales bump as shoppers prep amid coronavirus outbreak
One of Canada’s largest grocers has seen a sales bump as Canadians buy more than usual in an effort to prepare amid the growing novel coronavirus outbreak. “Our customers are obviously concerned,” said Michael Medline, CEO of Empire Co. Ltd, during a conference call with analysts after the company released its third-quarter financial results. Customers are wanting to take care... Read More

Fear grips investors as North American stock markets plunge, loonie down

Fear grips investors as North American stock markets plunge, loonie down
TORONTO — Fear about the economic impact of COVID-19 gripped investors as North American stock markets plunged in late-morning trading. The S&P/TSX composite index was down 1,358.67 points or nearly 10 per cent at 12,911.42. In New York, the Dow Jones industrial average was down 2,028.87 points at 21,524.35. The S&P 500 index was down 210.19 points at 2,531.19, while... Read More

Travel bans, market chaos: Dizzying reaction to virus spread

Travel bans, market chaos: Dizzying reaction to virus spread
ROME — Sweeping travel bans accelerated around the globe Thursday, walling regions apart, keeping people inside their homes, and slowing the engines of commerce to try to slow the unfolding coronavirus pandemic. In the U.S., stocks dropped so fast that trading halted for the second time this week. President Donald Trump, who had downplayed the virus for weeks, delivered a... Read More

Quebecor reports fourth-quarter profit up from year ago, raises dividend

Quebecor reports fourth-quarter profit up from year ago, raises dividend
MONTREAL — Quebecor Inc. raised its dividend as it reported its fourth-quarter profit grew compared with a year ago. The company says it will now pay a quarterly dividend of 20 cents per share, up from 11.25 cents. The increased payment to shareholders came as Quebecor reported net income attributable to shareholders of $145.1 million or 57 cents per share... Read More

TranAlta and Tidewater sell Pioneer Pipeline to TC Energy for $255 million

TranAlta and Tidewater sell Pioneer Pipeline to TC Energy for $255 million
CALGARY — TransAlta Corp. and its partner Tidewater Midstream and Infrastructure Ltd. have signed a deal to sell the Pioneer Pipeline to a subsidiary of TC Energy Corp. for $255 million. The Pioneer Pipeline includes 131 kilometres of operating pipeline in Alberta. It runs from west of Drayton Valley to west of Edmonton. TC Energy says it plans to integrate... Read More