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Tempted by low mortgage rates? Consider fees, penalties for refinancing first

Tempted by low mortgage rates? Consider fees, penalties for refinancing first

Amid plunging interest rates in the wake of the economic devastation wrought by the COVID-19 pandemic, many homeowners have felt tempted to break their mortgages in order to lock in a better rate and save big money.
Lightspeed POS reports US$18.6M Q4 loss, revenue up 70 per cent from year ago

Lightspeed POS reports US$18.6M Q4 loss, revenue up 70 per cent from year ago

MONTREAL — Shares in Lightspeed POS Inc.

CI Financial buys remaining stake in WealthBar, will create CI Direct Investing

TORONTO — CI Financial Corp. says it has acquired the remaining 25 per cent of online investment firm WealthBar Financial Services Inc. that it did not already own. Financial terms of the deal were not immediately available.
2 accused of smuggling ex-Nissan boss out of Japan in a box

2 accused of smuggling ex-Nissan boss out of Japan in a box

WASHINGTON — A former Green Beret and his son were arrested Wednesday in Massachusetts on charges they smuggled Nissan Motor Co. Chairman Carlos Ghosn out of Japan in a box while he awaited trial there on financial misconduct charges.
Fed officials worried in April about toll of deep recession

Fed officials worried in April about toll of deep recession

WASHINGTON — Federal Reserve officials last month worried about the coronavirus pandemic's toll on the U.S.
US agency lets self-driving shuttle resume carrying people

US agency lets self-driving shuttle resume carrying people

WASHINGTON — A self-driving shuttle service that was ordered to stop carrying passengers in February has been cleared to resume operations with new safety precautions. The U.S.
Canada Post reports $153M loss in 2019 amid rising parcels competition

Canada Post reports $153M loss in 2019 amid rising parcels competition

OTTAWA — Canada Post lost $153 million before tax last year as intense e-commerce competition slowed growth at its parcels business and an ongoing shift toward online communication prompted mail operation declines.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,997.63, up 112.15 points.) Zenabis Global Inc. (TSX:ZENA). Health care. Up 1.5 cents, or 11.11 per cent, to 15 cents on 34.
North American stock markets climb on optimism about economic re-openings

North American stock markets climb on optimism about economic re-openings

TORONTO — North American stock markets moved higher midweek on optimism surrounding economic reopenings following a two-month lockdown. Investor sentiment also drove up crude oil prices again which helped to support the Toronto stock market.
Aurora to enter U.S. market with $40 million of acquisition of CBD brand Reliva

Aurora to enter U.S. market with $40 million of acquisition of CBD brand Reliva

EDMONTON — Aurora Cannabis Inc. says it is entering the U.S. market by acquiring hemp-based cannabidiol company Reliva LLC.