Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,497.01, down 108.49 points) Toronto-Dominion Bank. (TSX:TD). Financial Services. Up $1.21, or 1.95 per cent, to $63.21 on 9.94 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up two cents, or 0.09 per cent, to $22.62 on 9.84 million shares. Barrick Gold Corp. (TSX:ABX).... Read More

Canola prices rising despite continued trade tensions with China

Canola prices rising despite continued trade tensions with China
Canola prices could continue to rise even after the futures contract soared to its highest level in nearly two years amid continued trade tensions with China and back-door access to the Asian importer, experts say. “As usual, (the upward movement) is a fairly complex situation,” said Bruce Burnett, director of markets and weather at MarketsFarm, that provides analysis on commodity markets. In March 2019, the Chinese... Read More

Calgary-based PetroTal shuts Peru oilfield after protester deaths and injuries

Calgary-based PetroTal shuts Peru oilfield after protester deaths and injuries
CALGARY — A Calgary-based company is shutting down its oilfield in Peru after violent protests over the weekend that resulted in three protester deaths and a dozen injuries among police and protesters. PetroTal Corp., which trades on the TSX Venture Exchange, says it has closed the Bretana Oil Field due to the civil unrest outside the camp and has evacuated all non-essential... Read More

Dorel says bikes and home furnishings divisions thrived during lockdown

Dorel says bikes and home furnishings divisions thrived during lockdown
MONTREAL — Shares in Dorel Industries Inc. fell in trading Tuesday even after the company reported its second-quarter profit and sales rose compared with a year ago amid increased demand for bikes and home furnishings during the pandemic. The company’s class B shares were down 34 cents at $8.43 in trading on the Toronto Stock Exchange. The Montreal-based company says it earned... Read More

Virtual babysitting helps parents juggle double responsibilities during pandemic

Virtual babysitting helps parents juggle double responsibilities during pandemic
Alla Tanasyuk has found help juggling parenting duties and work responsibilities during the pandemic since stumbling upon virtual babysitting. The Montreal-based French language teacher, 34, was surfing the internet one day when she came across SOS Sitter, a service that connects groups of six or seven children with a caretaker by Zoom for around an hour. Looking for a way to keep... Read More

CRA launches updated CEWS calculator ahead of applications opening Monday

CRA launches updated CEWS calculator ahead of applications opening Monday
OTTAWA — The federal government has launched an updated calculator to help employers estimate what help they might receive from the next phase of the Canada Emergency Wage Subsidy. The calculator opened today on the CEWS website ahead of the opening of applications next Monday. Employers enter information about their business situation to get an estimate of the subsidy they can expect to... Read More

Millennial Money: How we renegotiated our bills to cut costs

Millennial Money: How we renegotiated our bills to cut costs
I know, I know. You’ve probably heard all about how you should renegotiate your bills to save money. But that’s easier said than done, right? That’s why I tried it out. I called up some of my service providers and attempted to cut the cost of my bills. Here’s how you can learn from my successes — and improve upon... Read More

Japan tech giant SoftBank’s profits rise on investments

Japan tech giant SoftBank’s profits rise on investments
TOKYO — Japanese technology giant SoftBank Group Corp.’s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U.S. carrier T-Mobile. Tokyo-based SoftBank reported Tuesday a fiscal first quarter profit of 1.2 trillion yen ($11.5 billion), up from 1.1 trillion yen in the previous... Read More

Bumpy road ahead: UK bracing for big spike in unemployment

Bumpy road ahead: UK bracing for big spike in unemployment
LONDON — The U.K. has kept a lid on its unemployment rate so far during the coronavirus pandemic but, scratch beneath the surface, there are worrying trends that will likely see the jobless total soaring by the end of the year. As department store Debenhams announced another 2,500 job losses on Tuesday, official figures showed that the number of people... Read More