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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,534.54, up 106.24 points.) Toronto-Dominion Bank (TSX:TD). Financials. Down 70 cents, or 1.10 per cent, to $62.71 on 8.51 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 77 cents, or 4.72 per cent, to $17.07 on 6.74 million shares. Aphria Inc. (TSX:APHA).... Read More

England’s big northern cities braced for more lockdown curbs

England’s big northern cities braced for more lockdown curbs
LONDON — The British government is mulling fresh restrictions on everyday life in England, potentially in the big northern cities such as Liverpool and Manchester, amid mounting fears that hospitals in coronavirus hot spots may soon be overwhelmed by growing numbers of patients. With the number of people needing to go to the hospital with virus-related conditions rising, and in... Read More

Seek help early if you are struggling with debt as deferrals end, experts say

Seek help early if you are struggling with debt as deferrals end, experts say
OTTAWA — As payment deferrals offered during the height of the pandemic come to an end and many Canadians remain out of work or underemployed, experts say if you think you need financial help, the sooner you seek it the better. The Canada Emergency Response Benefit, which came to an end at the end of September, helped almost nine million... Read More

Carbon tax must rise if Canada is to meet Paris emission targets, PBO says

Carbon tax must rise if Canada is to meet Paris emission targets, PBO says
OTTAWA — The parliamentary budget officer says the federal carbon tax would have to rise over the coming years if the country is to meet emission-reduction targets under the Paris climate accord. The issue is by how much and whether the costs are shared broadly. The carbon tax is already set to rise to $50 per tonne of emissions by... Read More

Air Canada raises nearly $500 million by selling, leasing back nine Boeing 737 Max 8s

Air Canada raises nearly $500 million by selling, leasing back nine Boeing 737 Max 8s
MONTREAL — Air Canada has raised nearly $500 million by selling and leasing back nine aircraft to help offset the cash drain from COVID-19. The Montreal-based airline says it completed the sale of nine Boeing 737 Max 8 aircraft for $485 million, and long-term lease commitments of $458 million. Chief financial officer Michael Rousseau says the airline has raised almost... Read More

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September

CMHC reports annual pace of housing starts in Canada fell 20 per cent in September
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in September plunged 20 per cent from August. The housing agency says the seasonally adjusted annual rate of housing starts was 208,980 units in September, down from 261,547 units in August. Economists had expected an annual rate of 240,000 starts in September, according to financial markets... Read More

Morgan Stanley still shopping, buys Eaton Vance for $7B

Morgan Stanley still shopping, buys Eaton Vance for $7B
NEW YORK — Morgan Stanley will buy the investment management firm Eaton Vance in a deal valued at about $7 billion. Morgan Stanley has actively gone after potential targets this year. The prosed acquisition Thursday comes just days after it closed on one of the biggest deals on Wall Street since the 2008 financial crisis, the $13 billion takeover of... Read More

Feds, Ontario ante up millions to produce electric vehicles at Ford’s Oakville plant

Feds, Ontario ante up millions to produce electric vehicles at Ford’s Oakville plant
OAKVILLE, Ont. — The federal and Ontario governments are each chipping in more than $250 million to mass produce electric vehicles — and the batteries that power them — at Ford Motor Co.’s plant in Oakville, Ont. Prime Minister Justin Trudeau and Ontario Premier Doug Ford announced the joint investment this morning, calling it an important step in building the... Read More

North American stock markets rise on continued hope of eventual U.S. stimulus deal

North American stock markets rise on continued hope of eventual U.S. stimulus deal
TORONTO — Canada’s main stock index rose in late-morning trading on a broad-based rally led by the energy, health care and consumer sectors, while the loonie climbed. The S&P/TSX composite index was up 82.56 points at 16,510.86. In New York, the Dow Jones industrial average was up 85.13 points at 28,388.59. The S&P 500 index was up 20.35 points at... Read More