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 (17,398.02, up 39.81 points.). Suncor Energy Inc. (TSX:SU). Energy. Up 38 cents, or 1.81 per cent, to $21.34 on 15.4 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up 42 cents, or 1.39 per cent, to $30.71 on 14.9 million shares.... Read More

TD CEO pushes ‘cautious optimism’ after bank reported $5.14B profit in Q4

TD CEO pushes ‘cautious optimism’ after bank reported $5.14B profit in Q4
  TORONTO — TD Bank Group’s chief executive is ending 2020 without budging from a message he’s been pushing almost every quarter this year: “cautious optimism.” Bharat Masrani said Thursday that a second wave of COVID-19 has forced some areas to pause reopening measures, but every day he is seeing consumer confidence grow and more promising developments about potential vaccines... Read More

Toronto buy now, pay later company PayBright to be bought by U.S.’s Affirm for $340M

Toronto buy now, pay later company PayBright to be bought by U.S.’s Affirm for $340M
  TORONTO — One of Canada’s top buy now, pay later finance companies is being purchased by an American rival. San Francisco-based Affirm says it has a reached a deal to buy Toronto’s PayBright for $340 million. Affirm and PayBright both allow consumers to buy products at big-name retailers through instalment payment plans and have focused largely on brands selling... Read More

Saskatchewan restarts pandemic emergency grants for small business hit by COVID rules

Saskatchewan restarts pandemic emergency grants for small business hit by COVID rules
  REGINA — The Saskatchewan government is reviving an emergency grant program for small businesses that have been hit by restrictions aimed at stemming the spread of COVID-19. The province will begin accepting applications for its small business emergency payment program next week until the end of January. Businesses with fewer than 500 employees can apply to receive a grant... Read More

WSP Global shares surge with deal to buy Ontario’s Golder Associates for $1.5 billion

WSP Global shares surge with deal to buy Ontario’s Golder Associates for $1.5 billion
  MONTREAL — WSP Global Inc. is buying Ontario’s Golder Associates for about $1.5 billion, which the Quebec company says will result in the creation of the world’s leading environmental consulting firms. The Montreal-based engineering services firm’s shares surged nearly 15 per cent to $111.17 in midday trading, down slightly from a record high set in early trading on the... Read More

Airbnb rolls out restrictions in Canada to prevent New Year’s Eve parties

Airbnb rolls out restrictions in Canada to prevent New Year’s Eve parties
  TORONTO — Airbnb says it has a plan to curb New Year’s Eve parties this year while Canada works to slow the spread of the COVID-19 virus, with the announcement coming not long after a short-term rental was the site of a 60-person party in Mississauga. In addition to its ongoing ban on parties, Airbnb now says guests will... Read More

Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project

Husky Energy to get $41.5 million in federal cash for stalled N.L. offshore project
  ST. JOHN’S, N.L. — Husky Energy will receive $41.5 million in federal money to maintain jobs and move toward restarting its West White Rose offshore oil project in Newfoundland and Labrador, although officials admit a restart is not certain. Newfoundland and Labrador Premier Andrew Furey made the funding announcement Thursday at Husky’s offices in downtown St. John’s. Furey said... Read More

Toronto home sales surge 24.3 per cent in November, but condo prices fall

Toronto home sales surge 24.3 per cent in November, but condo prices fall
  TORONTO — November brought a sense of urgency to the Toronto real estate market, where COVID-19 has people buying and selling homes for “completely different reasons” than before the pandemic, according to Peel-based broker Bethany King. With schools restarting in January and many children and parents home for remote learning during the COVID-19 pandemic, buyers were willing to push... Read More