Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,431.27, up 71.13 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 20 cents, or 1.12 per cent, to $17.62 on 10.2 million shares. Canadian Natural Resources (TSX:CNQ). Down 22 cents, or 0.93 per cent, to $23.56 on 10 million shares. Toronto-Dominion Bank. (TSX:TD).... Read More

North American stock markets climb on continuing positive outlook for economy

North American stock markets climb on continuing positive outlook for economy
TORONTO — North American stock markets climbed amid positive signals in Canada and elsewhere about the strength of a post-pandemic rebound. The good mood started with Chinese retail sales numbers moving back into positive terrain compared with a year earlier. Industrial production accelerated in the U.S., business confidence was stronger than expected in Germany and Canadian factory sales increased for... Read More

Rogers pursues options for Quebec, Ontario expansion amid industry’s 5G push

Rogers pursues options for Quebec, Ontario expansion amid industry’s 5G push
TORONTO — The chief executive of Rogers Communications says its plans for Ontario and Quebec will be decided by whether it can buy the Canadian arm of Cogeco Communications. Rogers CEO Joe Natale says his team is looking at where to invest in every province as the communications industry goes through a once-in-a-generation technology cycle. Natale won’t detail how Rogers... Read More

WestJet offers refunds to passengers with cancelled European flights

WestJet offers refunds to passengers with cancelled European flights
CALGARY — WestJet Airlines Ltd. is offering refunds to customers with European flights that it cancelled due to the COVID-19 pandemic. A notification sent by the airline to travel agents states that travellers with flights to or from Europe that were scheduled to depart between March 1 and Oct. 31 of this year can be reimbursed within four weeks. The... Read More

Trans Mountain pipeline expansion on schedule, budget after one year, says CEO

Trans Mountain pipeline expansion on schedule, budget after one year, says CEO
CALGARY — A year after construction was allowed to restart on the Trans Mountain pipeline expansion, it’s chief executive says it is on budget and on schedule for completion by the end of 2022. In an interview, CEO Ian Anderson says the project is advancing as expected despite challenges including the COVID-19 pandemic, a global slump in demand for fuel,... Read More

Loblaw investing $75 million for minority stake in telemedicine firm Maple

Loblaw investing $75 million for minority stake in telemedicine firm Maple
TORONTO — Loblaw Companies Ltd. has signed a deal to buy a minority stake in telemedicine company Maple Corp. for $75 million. The company says the investment will be made through its Shoppers Drug Mart Inc. subsidiary. Maple helps people connect with doctors and medical specialists using a smartphone or computer and also provides technology for employers, insurers, hospitals and... Read More

Aimia reports $14.4M second-quarter profit, down from $43.5 M a year ago

Aimia reports $14.4M second-quarter profit, down from $43.5 M a year ago
MONTREAL — Aimia Inc. says it earned $14.4 million in its latest quarter, down from $43.5 million in the same quarter last year. The Montreal-based company says the profit amounted to 12 cents per share for the quarter ended June 30 compared with a profit of 29 cents per share a year ago. Aimia’s profit from continuing operations totalled $6.1... Read More

Uranium Energy Applauds the U.S. Department of Commerce on a Historic Agreement to Reduce U.S. Dependence on Russian Nuclear Fuel

Uranium Energy Applauds the U.S. Department of Commerce on a Historic Agreement to Reduce U.S. Dependence on Russian Nuclear Fuel
  CORPUS CHRISTI – Uranium Energy Corp applauds the U.S. Department of Commerce or negotiating an amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation that reduces America’s dependence on Russian natural uranium concentrates up to 75% from prior levels. An initialed draft agreement between the DOC and Russia’s State Atomic Energy Company Rosatom, was... Read More

Federal Reserve to meet after sharp changes to its outlook

Federal Reserve to meet after sharp changes to its outlook
WASHINGTON — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed’s operating framework in ways that will likely keep short-term interest rates near zero for years to come. As a result, analysts expect the Fed will keep its benchmark rate unchanged after the two-day meeting that ends Wednesday. It has been pegged... Read More