Day: 4 December 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 (17,520.97, up 122.95 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $1.63, or 7.64 per cent, to $22.97 on 27.3 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Up $1.44, or 4.69 per cent, to $32.15 on 17.7 million shares. Aurora Cannabis Inc. (TSX:ACB).... Read More

Walmart Canada to give 85,000 workers cash ‘appreciation’ bonus as COVID-19 surges

CanadianInvestor
Walmart Canada to give 85,000 workers cash ‘appreciation’ bonus as COVID-19 surges
  MISSISSAUGA, Ont. — Walmart Canada announced new cash bonuses for its workers on Friday, saying the “appreciation bonus payment” recognizes their ongoing dedication during the pandemic. The move follows similar announcements made by other companies in recent weeks and could put pressure on more retailers to offer so-called hero pay to essential workers as the second wave of COVID-19... Read More

US trade deficit rises 1.7% to $63.1 billion in October

CanadianInvestor
US trade deficit rises 1.7% to $63.1 billion in October
  WASHINGTON — The U.S. trade deficit widened 1.7% in October to $63.1 billion. The politically sensitive gap in the trade of goods with China and Mexico grew. The gap between the goods and services the United States sold and what it bought abroad rose from $62.1 billion in September, the Commerce Department reported Friday. Exports rose 2.2% to $182... Read More

Laurentian Bank reports Q4 profit down from year ago, but beats expectations

CanadianInvestor
Laurentian Bank reports Q4 profit down from year ago, but beats expectations
  MONTREAL — Laurentian Bank Financial Group beat expectations even as it reported its fourth-quarter profit slipped to $36.8 million compared with $41.3 million a year earlier. The Montreal-based bank says its profit amounted to 79 cents per diluted share for the quarter ended Oct. 31, down 90 cents per diluted share in the same quarter last year. Revenue for... Read More

Statistics Canada says merchandise trade deficit held stead in October at $3.8B

CanadianInvestor
Statistics Canada says merchandise trade deficit held stead in October at $3.8B
OTTAWA — Statistics Canada says the country’s merchandise trade deficit held steady at $3.8 billion in October as both exports and imports climbed higher. The agency says the deficit was about the same as its revised reading for September which as also showed a deficit of $3.8 billion compared with its initial report of a $3.3-billion deficit. Economists had expected... Read More

Hydrogen’s future remains murky despite home heating projects in Alberta and Ontario

CanadianInvestor
Hydrogen’s future remains murky despite home heating projects in Alberta and Ontario
CALGARY — It seems like a no-brainer to use clean-burning hydrogen to offset the environmental negatives of natural gas for warming homes, but pilot projects to do just that starting next year illustrate nothing is simple about this trendy new energy source. As companies consider ways to commercialize hydrogen as a cleaner alternative fuel and projects advance in Fort Saskatchewan,... Read More