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Mainstream Business News

‘More effective than a carbon tax:’ Saskatchewan digs in heels on climate change 

MOOSE JAW, Sask.- The Saskatchewan government is doubling down on its climate change strategy and continues to defy Ottawa’s demand it put a price on carbon emissions. Environment Minister Dustin Duncan says the province is expanding emission limits based on production for facilities such as potash mines and pulp mills. ...

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Facebook, Instagram to charge GST on online ads by mid 2019

Aug 29 2018 16:44:00 Source: CP [The Canadian Press] TORONTO -Facebook and Instagram will charge the goods and services tax on online advertisements purchased through their Canadian operations, but other technology giants said they aren’t ready to follow suit just yet. The U.S.-based social media networks said they decided to ...

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Royal Bank reports third quarter profit up from year ago, raises dividend

By Armina Ligaya THE CANADIAN PRESS TORONTO- Royal Bank of Canada set the tone for the latest round of big bank earnings with a dividend hike and profits and revenues in the latest quarter, helped by higher interest rates and mortgage growth. Canada’s biggest bank by market capitalization delivered a ...

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Irving Oil signs deal to acquire Irish based group of energy companies 

SAINT JOHN, N.B.- Irving Oil says it is expanding its reach with agreements to acquire an Irish-based energy marketing and distribution group of companies. The New Brunswick-based Irving announced today it has signed a deal with Tedcastle, which operates under the brand name Top Oil and is a leading supplier ...

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Hydro One Reports Strong Second Quarter Results

PRESS RELEASE- Robust financial results demonstrate strict cost controls, culture of continuous improvement in customer service TORONTO, Aug. 14, 2018  – Hydro One Limited (Hydro One or the Company), the parent company of Ontario’s largest electricity transmission and distribution utility, today announced its financial and operating results for the second ...

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Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:   Toronto Stock Exchange (16,393.95, down 61.78 points)   Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 13 cents, or 1.90 per cent, to $6.98 on 37.6 million shares.   Yamana Gold Inc. (TSX:YRI). Miner. Up 33 cents, or ...

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Good times ahead for two northern economies: conference board

The Conference Board of Canada says rising commodity prices are good news for the three mining-dependent northern territories. But it says not all will benefit to the same extent. Nunavut is predicted to lead the way: new gold mines and expansions at existing ones are expected to generate growth of ...

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CN to acquire 350 boxcars to meet growing demand in forest products, metals business

MONTREAL, April 18, 2018 (GLOBE NEWSWIRE) — CN (TSX:CNR) (NYSE:CNI) today announced it will acquire 350 premium boxcars to serve growing demand from industrial customers across its North American network. “These additional boxcars, combined with our new locomotives, hundreds of new train crew members, and track expansion investments, will help ...

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