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 (15,568.64, down 60.55 points.) Kinross Gold Corp. (TSX:K). Materials. Up 17 cents, or 1.66 per cent, to $10.43 on 6.9 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 2.3 per cent, to 42.5 cents on 6.2 million shares. Algonquin Power &... Read More

S&P/TSX composite index relatively flat ahead of second-quarter earnings

S&P/TSX composite index relatively flat ahead of second-quarter earnings
TORONTO — Canada’s main stock index was relatively flat ahead of next week’s start of eagerly anticipated second-quarter earnings results. The S&P/TSX composite index closed down 60.55 points at 15,568.64. In New York, the Dow Jones industrial average was down 361.19 points at 25,706.09. The S&P 500 index was down 17.89 points at 3,152.05, while the Nasdaq composite was up... Read More

Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19

Aritzia Inc. reports first-quarter loss, revenue drop amid COVID-19
VANCOUVER — Aritzia Inc. reported a first-quarter loss and revenue drop for its most recent quarter that saw it temporarily close all its stores amid the COVID-19 pandemic. The clothing retailer reported a net loss of $26.5 million for the first quarter ended May 31, down from a net income of $16.2 million in the same quarter last year, which... Read More

Horgan says B.C. restart making gains as more people come out of their homes

Horgan says B.C. restart making gains as more people come out of their homes
VICTORIA — Premier John Horgan says British Columbia’s restart is gaining ground as some industries resume operations and more people leave their homes to participate in the economy. He says the number of passengers on transit and ferries is growing, and television and movie productions have restarted, as well as restaurants serving more customers. Horgan says B.C.’s successful efforts to slow the... Read More

Torstar confirms it has received second offer for the newspaper chain

Torstar confirms it has received second offer for the newspaper chain
TORONTO — The owner of the Toronto Star says it has received a potentially superior second purchase offer from a private investor group. In response to a request from the Investment Industry Regulatory Organization of Canada, Torstar Corp. confirmed it received a non-binding, unsolicited offer for all of the company’s Class A shares and Class B non-voting shares. The new offer is conditional on... Read More

New policy group says more than half of Canadians have experienced a cyber crime

New policy group says more than half of Canadians have experienced a cyber crime
TORONTO — A new policy group estimates more than half of all Canadians know they’ve been a victim or target of a cyber crime, such as a leak of personal information, an account hack or installation of malware. The report from the Cybersecure Policy Exchange at Ryerson University found 57 per cent of participants in an online survey of 2,000 adults in May had encountered... Read More

Bombardier supports Alstom’s sale of assets to win European approval to takeover

Bombardier supports Alstom’s sale of assets to win European approval to takeover
MONTREAL — Bombardier Inc. says it supports Alstom’s commitments to sell some of the Canadian transportation company’s railway assets to address potential regulatory concerns with Alstom SA’s US$8.2-billion acquisition of Bombardier Transportation. Alstom has told the European Commission that it would transfer Bombardier’s contribution to the V300 Zefiro very high-speed train platform, sell Bombardier’s Talent 3 mainline train platform and production facilities... Read More

Parades, close-ups with Mickey out as Disney World reopens

Parades, close-ups with Mickey out as Disney World reopens
ORLANDO, Fla. — Forget about up-close “meet-and-greet” sessions with Mickey Mouse or Donald Duck when Walt Disney World parks reopen. There will be no firework shows or parades — those would draw too many people together — and both visitors and employees will be getting temperature checks when they enter. Despite a huge surge of Floridians testing positive for the... Read More

Lawyer: TSA makes changes after whistleblower’s complaint

Lawyer: TSA makes changes after whistleblower’s complaint
The Transportation Security Administration has improved coronavirus protection for airport screeners after a TSA official accused the agency of endangering travellers, the whistleblower’s lawyer said Wednesday. The changes include requiring screeners to change or sanitize gloves after every time they pat down a passenger, and to wear face shields around travellers if there aren’t plastic barriers between them and the... Read More

Financial check ups more important than ever during turbulent times like these

Financial check ups more important than ever during turbulent times like these
OTTAWA — As governments roll out plans to reopen the economy in the wake of the COVID-19 pandemic, experts say individual Canadians need to update their own financial plan to move forward too. The stock market crash in March and the plunge in interest rates left many investors feeling uncertain and vulnerable, while still more have been left without work. Tina... Read More