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SNC-Lavalin shares spike after announcing sale of resources oil and gas business
SNC-Lavalin Group Inc. shares surged more than 11 per cent after the company took steps to reduce risks by moving away from construction and oil to focus on its engineering services business. The shares gained $2.52 to $25.
Feb 9, 2021 3:54 PM
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Bell abandoning all-sports format at radio stations in Vancouver, Winnipeg, Hamilton
Bell's decision to dump an all-sports format at three Canadian radio stations is likely all about profit, says one media industry expert.
Feb 9, 2021 3:07 PM
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Health care and technology sectors help lift TSX to another record high
TORONTO — Canada's main stock index continued to set records as it was pushed higher Tuesday by big cannabis stocks and an optimistic long-term outlook for the global economy. The S&P/TSX composite index moved up 78.
Feb 9, 2021 2:56 PM
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Air Canada to temporarily cut at least 1,500 jobs, suspend 17 foreign routes
MONTREAL — In the latest sign of COVID-19's devastating toll on Canada's aviation sector, Air Canada said Tuesday that it will temporarily lay off 1,500 unionized employees as it cuts more international routes.
Feb 9, 2021 2:33 PM
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Cenovus Energy reports $153M Q4 loss, including $100M Keystone XL charge
CALGARY — The cancellation of the Keystone XL oil export pipeline has resulted in a second oilsands company posting a multimillion-dollar impairment charge in its fourth quarter earnings report. Calgary-based Cenovus Energy Inc.
Feb 9, 2021 11:39 AM
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Shares in cannabis company Tilray up following U.K. supply deal with Grow Pharma
NANAIMO, B.C. — Shares in cannabis company Tilray Inc. soared after the announcement of a deal with Grow Pharma to supply medical cannabis in the United Kingdom. Tilray shares were up US$11.43 at US$41.52 in late-morning trading on the Nasdaq market.
Feb 9, 2021 9:56 AM
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US hiring plunged in December even as job openings ticked up
WASHINGTON — U.S. employers cut back sharply on hiring in December, particularly industries slammed by the pandemic such as restaurants and hotels, as virus infections soared and governments responded with tighter restrictions.
Feb 9, 2021 9:50 AM
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At Disney characters union, lawsuit seeks end to takeover
ORLANDO, Fla.
Feb 9, 2021 9:49 AM
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Canopy Growth reports $829.3M Q3 loss, expects to reach profitability next year
SMITHS FALLS, Ont. — After a dramatic restructuring that included the elimination of up to 1,000 workers, Canopy Growth Corp. says profitability is on the horizon. The Smiths Falls, Ont.
Feb 9, 2021 9:45 AM
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Made a bundle from GameStop? Time to think about how it will affect your taxes
When Haman Mamdouhi made $2,500 in profit from a $5,000 investment in Bitcoin last month, the tax implications weren't exactly top of mind.
Feb 9, 2021 8:00 AM
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