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 (16,304.08, up 24.72 points.) Royal Bank of Canada. (TSX:RY). Financials. Down $1.06, or 1.09 per cent, to $96.29 on 12.9 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 42 cents, or 2.61 per cent, to $16.49 on 8.6 million shares. Nevada Copper... Read More

Surging lumber prices prompt record segment profits and surging third-quarter results

Surging lumber prices prompt record segment profits and surging third-quarter results
VANCOUVER — Canfor Corp. says its net profit surged in the third quarter on record lumber earnings that were driven by an unprecedented increase in prices. The Vancouver-based forest products company says it earned $218.1 million or $1.74 per share in the three months ended Sept. 30. That compared with a loss of $88.5 million or 71 cents per share... Read More

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 (16,279.36, up 49.13 points.) Air Canada (TSX:AC). Industrials. Up $1.10, or 7.02 per cent, to $16.77 on 7.8 million shares. Suncor Energy Inc. (TSX:SU). Energy. Up 96 cents, or 6.35 per cent, to $16.07 on 6.9 million shares. Bank of Nova Scotia.... Read More

Corus Entertainment reports Q4 profit up from year ago, revenue down

Corus Entertainment reports Q4 profit up from year ago, revenue down
TORONTO — Television and radio broadcaster Corus Entertainment Inc. reported its fourth-quarter profit rose compared with a year ago, even as its revenue fell. The company, which includes Global Television, says it earned $30.3 million in net income attributable to shareholders or 15 cents per diluted share for the quarter ended Aug. 31. That compared with a profit of $22.9... Read More

Rogers Communications Q3 revenue and profit down from year ago, but top expectations

Rogers Communications Q3 revenue and profit down from year ago, but top expectations
TORONTO — Rogers Communications Inc.’s third-quarter profit and revenue fell compared with a year ago due to the COVID-19 pandemic, but the company beat analyst estimates after rebounding from the second quarter. The wireless, cable and media company said Thursday it earned $512 million or $1.01 per diluted share for the quarter ended Sept. 30. That was down from a... Read More

Sun Life Financial buying majority stake in U.S. investment manager Crescent Capital

Sun Life Financial buying majority stake in U.S. investment manager Crescent Capital
TORONTO — Sun Life Financial Inc. has signed a deal to acquire a majority stake in Crescent Capital Group LP in an agreement worth up to $450 million. Under the deal, Sun Life will acquire a 51 per cent stake in the alternative credit investment manager for an upfront payment of $370 million and up to an additional $80 million,... Read More

Precision Drilling reports $28.5M Q3 loss, revenue down 56% from year ago

Precision Drilling reports $28.5M Q3 loss, revenue down 56% from year ago
CALGARY — Precision Drilling Corp. says it lost $28.5 million in its latest quarter as revenue fell 56 per cent compared with a year ago. The Calgary-based oilfield services company says the loss amounted to 10 cents per diluted share for the quarter ended Sept. 30. The result compared with a loss of $3.5 million or a penny per diluted... Read More

WestJet to refund some passengers whose flights were cancelled because of COVID-19

WestJet to refund some passengers whose flights were cancelled because of COVID-19
WestJet says it will begin providing refunds to passengers who had their WestJet and Swoop flights cancelled by the airlines as a result of the COVID-19 pandemic. The company says the refunds — the first offered by Canadian airlines — will be in the original form of payment rather than a credit for future flights as it had been previously... Read More

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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,230.23, down 43.03 points.) Nevada Copper Corp. (TSX:NCU). Materials. Down 1.5 cents, or 14.29 per cent, to nine cents on 9.3 million shares. Enbridge Inc. (TSX:ENB). Energy. Down 14 cents, or 0.37 per cent, to $38.03 on 7.8 million shares. Manulife Financial... Read More

Boralex names COO Patrick Decostre to succeed Patrick Lemaire as CEO

Boralex names COO Patrick Decostre to succeed Patrick Lemaire as CEO
MONTREAL — Boralex Inc. has named chief operating officer Patrick Decostre as the renewable power producer’s next chief executive. Decostre will replace Patrick Lemaire, who is set to retire at the end of the year. Lemaire has been at the head of Boralex since September 2006. Decostre joined the company in 2001 and spent 18 years building its business in... Read More