Day: 27 November 2020

Most actively traded companies on the Toronto Stock Exchange

Editor
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 (17,396.56, up 45.22 points.)   Bombardier Inc. (TSX: BBD.B). Industrials. Up 6.5 cents, or 15.12 per cent, to 49.5 cents on 21.98 million shares. Score Media and Gaming Inc. (TSX: SCR). Communications. Up 44 cents, or 44.9 per cent, to $1.42... Read More

News media lobby group asks MPs for rules to get compensation from Google, Facebook

CanadianInvestor
News media lobby group asks MPs for rules to get compensation from Google, Facebook
  OTTAWA — A lobby group for Canada’s newspapers and magazines is asking MPs to enact new rules to help its members negotiate compensation from social-media giants that post content the traditional media produce. News Media Canada wants the government to let the industry negotiate collectively with the likes of Google and Facebook. There are similar rules in other countries,... Read More

Sobeys brings back hero pay for Manitoba, Toronto, Peel workers as COVID cases rise

CanadianInvestor
Sobeys brings back hero pay for Manitoba, Toronto, Peel workers as COVID cases rise
  STELLARTON, N.S. — Sobeys says it is bringing back pay premiums for staff in locations where COVID-19 lockdowns are in effect. Parent company Empire Company Limited says it has reinstated so-called hero pay in Manitoba, Toronto and Peel Region in Ontario as rising cases of the virus in those areas have prompted the shutdown of non-essential businesses. Each week,... Read More

Growth investing needed as pandemic wanes, says former BoC governor David Dodge

CanadianInvestor
Growth investing needed as pandemic wanes, says former BoC governor David Dodge
  LAKE LOUISE, Alta. — Former Bank of Canada governor David Dodge says Canada must shift its attention to investing for economic growth as the world recovers from the COVID-19 pandemic downturn over the next few years. In an online presentation at the virtual Bennett Jones Lake Louise World Cup Business Forum, the former central bank chief said Canadian governments... Read More

Rogers Centre owner shelves plans for Toronto Blue Jays’ stadium amid pandemic

CanadianInvestor
Rogers Centre owner shelves plans for Toronto Blue Jays’ stadium amid pandemic
  TORONTO — Rogers Communications Inc. says it was exploring the future of its Toronto stadium prior to the COVID-19 pandemic, but the virus has caused it to put those plans on hold. The telecommunications company and owner of the Blue Jays baseball team says its primary focus this year is keeping staff safe and maintaining operations, and it has... Read More

S&P/TSX composite edges lower amid losses in the energy sector, U.S. stock markets up

CanadianInvestor
S&P/TSX composite edges lower amid losses in the energy sector, U.S. stock markets up
  TORONTO — Canada’s main stock index edged lower amid losses in the energy sector, while U.S. stock markets climbed higher in late-morning trading. The S&P/TSX composite index was down 4.67 points at 17,346.67. In New York, the Dow Jones industrial average was up 37.14 points at 29,909.61. The S&P 500 index was up 11.15 points at 3,640.80, while the... Read More

Black Friday shopping starts quietly on the East Coast, more shopping expected online

CanadianInvestor
Black Friday shopping starts quietly on the East Coast, more shopping expected online
Black Friday has started in Canada, with early indications from the East Coast pointing to a subdued shopping day amid the COVID-19 pandemic. In Halifax, some big box stores still had short lineups on opening today despite surging COVID-19 cases and rainy skies. But the roughly 40 people lined up at Best Buy and dozen or so shoppers at Staples... Read More

Air Canada looks to grow cargo business, pilots ratify contract changes

CanadianInvestor
Air Canada looks to grow cargo business, pilots ratify contract changes
  MONTREAL — Air Canada pilots have ratified changes to their contract that the airline says will help it grow its cargo business. The Montreal-based airline has seen its business plunge this year as travellers stopped flying due to the pandemic, however the airline has been looking to grow in other ways including cargo flights. Air Canada says it operates... Read More

5G phones are now available, but are they worth the cost?

CanadianInvestor
5G phones are now available, but are they worth the cost?
  TORONTO — With global smartphone makers such as Apple, Samsung, LG and others rolling out their first 5G phones this year, many Canadians will be considering an upgrade to the latest tech during the peak selling season between now and Boxing Day. But with 5G phones retailing for hundreds of dollars more than their 4G competitors, consumers will likely... Read More