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S&P/TSX composite closes down more than 300 points, U.S. stock markets mixed
TORONTO — Canada's main stock index closed down more than 300 points Monday as utility and energy stocks led widespread losses, while U.S. markets were mixed.
Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange:
Lundin Mining says CEO to step down, names Jack Lundin as successor
VANCOUVER — Lundin Mining Corp. says chief executive Peter Rockandel is stepping down at the end of the year.
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Major wireless carriers now active on Toronto's subway network after months of talks
TORONTO — More than a decade after embarking on a plan to offer wireless service on the Toronto subway, the TTC has joined the global ranks of transit systems where riders can make phone calls, send text messages or browse the web underground — regardless of their mobile carrier.
TORONTO — More than a decade after embarking on a plan to offer wireless service on the Toronto subway, the TTC has joined the global ranks of transit systems where riders can make phone calls, send text messages or browse the web underground — regardless of their mobile carrier.
Arajet latest entrant to Canada's crowded budget airline market
MONTREAL — Arajet, a discount airline based in the Dominican Republic, is set to launch flights between that country and Toronto and Montreal this fall, marking the latest entrant to an already crowded field of low-cost carriers.
MONTREAL — Arajet, a discount airline based in the Dominican Republic, is set to launch flights between that country and Toronto and Montreal this fall, marking the latest entrant to an already crowded field of low-cost carriers.
Laurentian Bank appoints new CEO after computer mainframe outage
TORONTO — Laurentian Bank has named both a new chief executive and board chair following a major system outage last week that the bank is still working to fully resolve.
TORONTO — Laurentian Bank has named both a new chief executive and board chair following a major system outage last week that the bank is still working to fully resolve.
Enerflex announces CFO departure, shares down more than 20%
CALGARY — Shares of Enerflex Ltd. sank more than 20 per cent in afternoon trading after the company announced the resignation of its chief financial officer for the second time in less than a year.
CALGARY — Shares of Enerflex Ltd. sank more than 20 per cent in afternoon trading after the company announced the resignation of its chief financial officer for the second time in less than a year.
Federal Court of Appeal rules against Google in privacy law case
OTTAWA — The Federal Court of Appeal has rejected an attempt by Google to overturn a decision that found the company's search engine is covered by Canada's privacy law, marking another victory for people seeking a digital "right to be forgotten."
OTTAWA — The Federal Court of Appeal has rejected an attempt by Google to overturn a decision that found the company's search engine is covered by Canada's privacy law, marking another victory for people seeking a digital "right to be forgotten."
Homeowners brace for mortgage payment shock amid higher-for-longer rate outlook
TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
TORONTO — From ultra-low interest rates that led to a huge spike in real estate demand to the speed with which interest rates shot up to levels not seen in a generation, it’s been hard to keep up with the shifting landscape for mortgage holders.
Spin Master signs global toy licence deal for Dora, the new Dora the Explorer series
TORONTO — Spin Master Corp. says it has signed a deal for the global toy licence for Dora, the new reboot of the Dora the Explorer franchise coming next year.
TORONTO — Spin Master Corp. says it has signed a deal for the global toy licence for Dora, the new reboot of the Dora the Explorer franchise coming next year.
TVO employees vote to reject 'final' contract offer as strike heads into 7th week
TORONTO — Workers at Ontario's public broadcaster have voted to reject what the company's management says is its "final" offer after nearly six weeks of labour action.
TORONTO — Workers at Ontario's public broadcaster have voted to reject what the company's management says is its "final" offer after nearly six weeks of labour action.
Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week:
TORONTO — Five things to watch for in the Canadian business world in the coming week:
Environmental groups increasingly using competition law to fight fossil fuel sector
CALGARY — Splashed across billboards and city buses, onnewspaper spreads and Facebook feeds, the "Let's Clear the Air" ad campaign by the Pathways Alliance group of oilsands companies is a multi-million-dollar public relations blitz by an industry keen to show it's committed to helping fight climate change.
CALGARY — Splashed across billboards and city buses, onnewspaper spreads and Facebook feeds, the "Let's Clear the Air" ad campaign by the Pathways Alliance group of oilsands companies is a multi-million-dollar public relations blitz by an industry keen to show it's committed to helping fight climate change.
Airline industry claims traveller safety at risk with proposed passenger rights rules
MONTREAL — Aviation companies are making the pitch to Ottawa that stricter rules designed to boost customer compensation and improve service could put passenger safety at risk — an argument consumer advocates reject as "ridiculous."
MONTREAL — Aviation companies are making the pitch to Ottawa that stricter rules designed to boost customer compensation and improve service could put passenger safety at risk — an argument consumer advocates reject as "ridiculous."
S&P/TSX composite down, U.S. stock markets mixed
Canada's main stock index closed down by almost 50 points, while U.S. stock markets were mixed on the final trading day of what has been a difficult month for investors.
Canada's main stock index closed down by almost 50 points, while U.S. stock markets were mixed on the final trading day of what has been a difficult month for investors.
Judge greenlights class action against Bausch Health on Cold-FX products
TORONTO — An Ontario Superior Court judge has certified a class-action lawsuit against Bausch Health Companies Inc. that alleges false advertising for some of the pharmaceutical firm's cold remedies.
TORONTO — An Ontario Superior Court judge has certified a class-action lawsuit against Bausch Health Companies Inc. that alleges false advertising for some of the pharmaceutical firm's cold remedies.
Sunwing Airlines to fold into WestJet within a year
CALGARY — WestJet said Friday it aims to wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business by October of next year.
CALGARY — WestJet said Friday it aims to wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business by October of next year.
Blinken on Canada-India rift: 'Those responsible must be held accountable'
WASHINGTON — America's top diplomat is again urging India and Canada to work together on bringing Hardeep Singh Nijjar's killers to justice — and hopefully forestall a deepening of a serious geopolitical rift between two important allies.
WASHINGTON — America's top diplomat is again urging India and Canada to work together on bringing Hardeep Singh Nijjar's killers to justice — and hopefully forestall a deepening of a serious geopolitical rift between two important allies.