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 (15,580.64, down 90.06 points.) Enbridge Inc. (TSX:ENB). Energy. Up one cent, or 0.03 per cent, to $36.71 on 10.1 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down 2.5 cents, or 8.2 per cent, to 28 cents on 9.2 million shares. Suncor Energy Inc.... Read More

Federal government tells Teck to improve water quality from two B.C. coal operations

Federal government tells Teck to improve water quality from two B.C. coal operations
VANCOUVER — Teck Resources Ltd. says it has been ordered by Environment and Climate Change Canada to improve the quality of water affected by two of its coal mining operations in B.C.’s Elk Valley. The company says in a statement the direction to Teck Coal Ltd. from the federal government is under the Fisheries Act and doesn’t resolve potential charges... Read More

Spooked investors push North American stock markets to worst week since March

Spooked investors push North American stock markets to worst week since March
TORONTO — Canada’s main stock index endured its worst week since large corrections in March as investors got spooked by ongoing concerns about rising COVID-19 infection rates. The S&P/TSX composite index closed down 90.06 points to 15,580.64. In New York, the Dow Jones industrial average was down 157.51 points at 26,501.60. The S&P 500 index was down 40.15 points at... Read More

‘Have to get things under control:’ Manitoba brings back tougher COVID restrictions

‘Have to get things under control:’ Manitoba brings back tougher COVID restrictions
WINNIPEG — The Manitoba government is ordering many businesses to close, limiting hospital visits and capping attendance at religious services after a record daily increase in COVID-19 cases. The province reported 480 new infections Friday. That is more than double the previous daily record, although health officials said many of the cases were delayed data collection from earlier in the... Read More

Feds add $204M for anti-pandemic measures in Indigenous communities and institutions

Feds add $204M for anti-pandemic measures in Indigenous communities and institutions
OTTAWA — Prime Minister Justin Trudeau says Ottawa will spend an additional $204 million targeted at child care, education and infrastructure to help Indigenous communities fight the COVID-19 pandemic. Trudeau says the government is spending $120 million to support early learning and child-care facilities in First Nations, Inuit and Métis communities during the pandemic. He says the government is providing... Read More

Cannabis company Hexo proposes share consolidation plan to boost share price

Cannabis company Hexo proposes share consolidation plan to boost share price
OTTAWA — Cannabis company Hexo Corp. announced a plan to consolidate its shares in an effort to regain compliance with the US$1 minimum share price continued listing standard of the New York Stock Exchange. Shares in the company closed at 72 cents US on the New York Stock Exchange on Thursday. Hexo says avoiding a delisting of its shares from... Read More

North American stock markets down in early trading, loonie climbs

North American stock markets down in early trading, loonie climbs
TORONTO — Canada’s main stock index fell in early trading amid broad weakness on the Toronto Stock Exchange, while U.S. stock markets also pulled back. The S&P/TSX composite index was down 70.31 points at 15,600.39. In New York, the Dow Jones industrial average was down 77.26 points at 26,581.85. The S&P 500 index was down 8.99 points at 3,301.12, while... Read More

Shaw Communications posts higher Q4 profit but revenue flat compared with last year

Shaw Communications posts higher Q4 profit but revenue flat compared with last year
CALGARY — Shaw Communications Inc. says its fourth-quarter profit was up 5.4 per cent from the same time last year, but total revenue remained steady at just under $1.35 billion. The Calgary-based cable, internet and wireless company, which owns Freedom Mobile, earned $175 million in net income for the quarter ended Aug. 31. The profit amounted to 34 cents per... Read More

Exxon, Chevron to cut US jobs as oil industry struggles

Exxon, Chevron to cut US jobs as oil industry struggles
NEW YORK — Exxon Mobil is slashing 1,900 jobs from its U.S. workforce and mulling cuts to its Canadian operations, while Chevron plans to cut a quarter of the employees at its recently acquired Noble Energy as the pandemic saps demand for fuel. Exxon said Thursday the reductions will be both voluntary and involuntary and will largely come from its... Read More