Yamana Gold shares to begin trading Tuesday on the London Stock Exchange

Yamana Gold shares to begin trading Tuesday on the London Stock Exchange
TORONTO — Canadian precious metals miner Yamana Gold Inc. says its shares will begin trading next week on the London Stock Exchange. The Toronto-based company is currently listed on the New York Stock Exchange and the Toronto Stock Exchange. Trading will begin Tuesday under the stock symbol AUY. The company says the listing will give British and European investors exposure... 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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,428.30, up 192.17 points.) VIVO Cannabis Inc. (TSX:VIVO). Health care. Down 5.5 cents, or 30.56 per cent, to 12.5 cents on 12.4 million shares. Toronto-Dominion Bank (TSX:TD). Financials. Up 13 cents, or 0.21 per cent, to $63.41 on 12 million shares. Bank... Read More

Markets close higher amid renewed hope for U.S. stimulus deal

Markets close higher amid renewed hope for U.S. stimulus deal
TORONTO — Markets moved higher on Wednesday after a broad-based rally lifted shares of health-care companies and consumer brands, amid renewed hopes for a stimulus deal in the U.S. Canadian investors were reassured as markets bounced back from Tuesday’s dive, after President Donald Trump reversed course and hinted at a more targeted approach to a stimulus package, said Michael Currie,... Read More

Email raises questions about potential apprehension of bias at transport regulator

Email raises questions about potential apprehension of bias at transport regulator
Questions about potential bias at the Canadian Transportation Agency came to the fore this week after a government official acknowledged that CTA board members greenlit the regulator’s stance in favour of travel vouchers over refunds. Transport Canada policy adviser Blake Oliver said in an email to Liberal MP Nathaniel Erskine-Smith that the agency’s members, vice-chair and chair would have approved... Read More

Industrials and financials help lead rally in Toronto, U.S. stocks also climb

Industrials and financials help lead rally in Toronto, U.S. stocks also climb
TORONTO — Gains in the industrial and financial sectors helped lead a broad-based rally on the Toronto Stock Exchange as Canada’s main stock index climbed in late-morning trading and U.S. stock markets also surged higher. The S&P/TSX composite index was up 147.21 points at 16,383.34. In New York, the Dow Jones industrial average was up 428.83 points at 28,201.59. The... Read More

Sandpiper would cut costs and raise distributions if it wins Artis REIT fight

Sandpiper would cut costs and raise distributions if it wins Artis REIT fight
VANCOUVER — Private equity firm Sandpiper Group wants to cut costs and increase distributions if it wins its fight to replace to replace the board at Artis Real Estate Investment Trust. The firm is seeking support for its plan to replace the Artis board with its own slate of five nominees, including Sandpiper chief executive Samir Manji. Artis has said... Read More

Indebted Canadian businesses more ‘fragile’ than during 1st wave, BDC economist warns

Indebted Canadian businesses more ‘fragile’ than during 1st wave, BDC economist warns
MONTREAL — A new study says many Canadian entrepreneurs are focused on shoring up their balance sheets after recording a drastic drop in revenues and mounting debt during the first wave of COVID-19. The Business Development Bank of Canada survey says the top priority of business owners is getting their financial houses in order, including reducing operating costs and improving... Read More

Industrials and financials lead rally on TSX, U.S. stock markets up

Industrials and financials lead rally on TSX, U.S. stock markets up
TORONTO — Canada’s main stock index posted a triple-digit advance in early trading, powered by a broad-based rally on the Toronto Stock Exchange led by the financial and industrial sectors, while U.S. stock markets also surged higher. The S&P/TSX composite index was up 132.44 points at 16,368.57. In New York, the Dow Jones industrial average was up 318.46 points at... Read More