Falling energy prices weigh down TSX as Wall Street dips into the red

Falling energy prices weigh down TSX as Wall Street dips into the red
TORONTO — Weakness in oil and gas shares weighed on Canada’s largest stock index Thursday as the loonie made a minor advance on the U.S. dollar. The Toronto Stock Exchanges’s S&P/TSX composite index retreated 58.20 points to 15,742.20, with the energy sector leading decliners with losses of 1.65 per cent. The November crude contract was down 70 cents to US$50.60... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,742.20, down 58.20 points): Birchcliff Energy Ltd. (TSX:BIR). Oil and gas. Up seven cents, or 1.34 per cent, to $5.31 on 7.1 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Down 52 cents, or 3.83 per cent, to $13.07 on 6.2 million shares. Bombardier Inc.... Read More

WestJet shares hit two-year high on record quarterly load numbers

WestJet shares hit two-year high on record quarterly load numbers
MONTREAL — Shares of WestJet Airlines hit a more than two-year high after the Calgary-based airline reported the highest quarterly load factor in its 21-year history. The shares peaked at $27.77, the highest level since June, 2015. They closed at $27.64, up 1.1 per cent in Thursday trading on the Toronto Stock Exchange. WestJet (TSX:WJA) said its planes were 85.7... Read More

Securities regulator reviewing application for Nasdaq stock exchange in Canada

Securities regulator reviewing application for Nasdaq stock exchange in Canada
Nasdaq Inc. said Thursday it has applied to operate an exchange in Canada, a move that could bring foreign competition to a market currently dominated by the TMX Group, putting new pressure on the operator of the Toronto Stock Exchange. Nasdaq Canada and its parent company Ensoleillement Inc. have applied for recognition as exchanges in Canada, starting the clock on... Read More

Securities regulators increasingly employing tech tools to speed probes

Securities regulators increasingly employing tech tools to speed probes
TORONTO — Securities regulators say they are increasingly employing data analytics and other sophisticated tools to track down financial miscreants faster, but these technologies won’t be able to fully replace human judgment. The director of enforcement at the Ontario Securities Commission said Thursday that they need these tools to crunch the mindnumbing volume of data it takes in for investigations,... Read More

Divorce bill deadlock: EU laments progress on Brexit

Divorce bill deadlock: EU laments progress on Brexit
BRUSSELS — Brexit talks have hit a deadlock on the key issue of Britain’s exit bill in the divorce, the European Union’s chief negotiator said Thursday, adding that the slow-moving talks won’t be broadened anytime soon to include future trade relations. Giving a downbeat assessment of the latest round of negotiations, EU negotiator Michel Barnier said despite the talks’ recent... Read More

TTC again disappointed that Bombardier will miss streetcar deliveries target

TTC again disappointed that Bombardier will miss streetcar deliveries target
MONTREAL — Bombardier Transportation is reigniting disappointment in Toronto by notifying the city’s transit authority Thursday that it won’t meet this year’s target for delivering streetcars. The Montreal-based company’s rail division says it informed the Toronto Transit Commission (TTC) that because of supply chain issues it will deliver 65 vehicles by the end of the year, short of its original... Read More

Husky gets OK from Saskatchewan government to restart pipeline after major spill

Husky gets OK from Saskatchewan government to restart pipeline after major spill
REGINA — The Saskatchewan government has given Husky Energy the OK to restart a pipeline after a major oil spill along the North Saskatchewan River in July 2016. The government says in an email to media that testing, inspection and evaluation of the repairs to the line have been done. The pipeline leaked 225,000 litres of heavy oil mixed with... Read More