North American stock markets continue downward trend over the past few weeks

North American stock markets continue downward trend over the past few weeks
TORONTO — North American stock markets dipped to close a relatively flat week on signs of a slowing U.S. recovery and weakness in the American technology sector. Markets started moved lower after the U.S. government announced it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday. They partially recovered in afternoon trading, with U.S. markets ending down... Read More

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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,198.97, down 47.75 points.) Wallbridge Mining Co. Ltd. (TSX:WM). Materials. Unchanged at $1.21 on 36.7 million shares. New Gold Inc. (TSX:NGD). Materials. Down four cents, or 1.59 per cent, to $2.47 on 24.5 million shares. Baytex Energy Corp. (TSX:BTE). Energy. Down two... Read More

Film, TV productions can’t get COVID-19 insurance, want Ottawa to intervene

Film, TV productions can’t get COVID-19 insurance, want Ottawa to intervene
Hundreds of productions and thousands of entertainment jobs are on hold because the federal government has yet to intervene and help them get COVID-19 insurance, say two Canadian film and television organizations. The Canadian Media Producers Association and the Association québécoise de la production médiatique said Friday that they have identified 214 camera-ready film and TV projects, 19,560 jobs and... Read More

Kinross Gold shares rise after miner brings back quarterly dividend after 7 years

Kinross Gold shares rise after miner brings back quarterly dividend after 7 years
TORONTO — Shares in Kinross Gold Corp. rose by more than 10 per cent on Friday after it announced it would introduce its first dividend in seven years in view of growing gold production. The news comes as gold prices continue to hover at near all-time record heights above US$1,950 per ounce. Kinross last paid a dividend of eight cents... Read More

Flight cancellations scramble travellers’ plans as hopes for a spike in demand fade

Flight cancellations scramble travellers’ plans as hopes for a spike in demand fade
MONTREAL — Rachel Farrell can now claim the unfortunate distinction of having two destination weddings called off in one year. The 26-year-old event co-ordinator had booked a Transat flight out of Halifax for Feb. 15, 2021, as part of her planned nuptials in the Dominican Republic, but was told this week the airline had cancelled the trip and would not... Read More

Partial closure of Canada-U.S. border extended to Oct. 21

Partial closure of Canada-U.S. border extended to Oct. 21
OTTAWA — The partial closure of Canada’s border with the United States is being extended another month, to Oct. 21, both countries announced Friday. Crossings of the border have been largely restricted to trade goods, essential workers and citizens returning home since March, in an attempt to limit the spread of COVID-19. Public Safety Minister Bill Blair and his American... Read More

US bans WeChat, TikTok from app stores citing security risk

US bans WeChat, TikTok from app stores citing security risk
The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will saddle the apps with technical restrictions that could seriously limit their functionality in the U.S. The order, which cited national security and data privacy concerns, follows weeks of dealmaking over the video-sharing service TikTok. President Donald Trump has pressured... Read More

S&P/TSX composite up in early trading, U.S. stock markets mixed; Loonie edges higher

S&P/TSX composite up in early trading, U.S. stock markets mixed; Loonie edges higher
TORONTO — Canada’s main stock index pushed higher in early trading, helped by gains in the industrial and technology sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was up 15.81 points at 16,262.53. In New York, the Dow Jones industrial average was down 46.37 points at 27,855.61. The S&P 500 index was down 0.12 of a point... Read More