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BDO Canada pays $4 million penalty, costs for audit failures in two funds: OSC

TORONTO — The Ontario Securities Commission says BDO Canada LLP paid $4 million after admitting it failed to comply with generally accepted auditing standards in the audits of the 2014 and 2015 financial statements of two privately offered investment

U.S. confirms that fabricated steel from Canada dumped but not subsidized

WASHINGTON, Wash. — The United States Department of Commerce says its final determination has confirmed that fabricated structural steel imports from Canada was dumped into the country but wasn't subsidized.
First Alaska retail pot shops get OK to allow on-site use

First Alaska retail pot shops get OK to allow on-site use

JUNEAU, Alaska — The first marijuana shops in Alaska where customers can partake on-site have gotten approval, putting them on the leading edge nationally.
Mega Bloks to lay off nearly 580 as it moves to close Montreal toy factory

Mega Bloks to lay off nearly 580 as it moves to close Montreal toy factory

MONTREAL — Mattel Inc. says the Mega Bloks toy factory it acquired in 2014 will shut down next year, triggering 580 layoffs in Montreal.
TSX has worst performance of the week; U.S. markets down on virus anxiety

TSX has worst performance of the week; U.S. markets down on virus anxiety

TORONTO — Canada's main stock index suffered its worst performance of the year Friday as investors were spooked by a potential corporate earnings hit from the coronavirus. The S&P/TSX composite index closed down 56.44 points or 0.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (17,565.34, down 56.44 points.) Encana Corp. (TSX:ECA). Energy. Down 23 cents, or 4.43 per cent, to $4.96 on 16 million shares.

Encana completes corporate restructuring to Ovintiv, shift to U.S.

CALGARY — Encana Corp. says it has completed its corporate reorganization under the new name Ovintiv Inc. The shake-up also includes technically moving the company to be U.S.
Barrick signs agreement with Tanzanian government that ends tax dispute

Barrick signs agreement with Tanzanian government that ends tax dispute

TORONTO — Barrick Gold Corp. has signed an agreement with the Tanzanian government to formalize a joint venture relating to three mines that ends a long-running tax dispute with the African country.
Canada slips in global corruption ranking in aftermath of SNC-Lavalin scandal

Canada slips in global corruption ranking in aftermath of SNC-Lavalin scandal

MONTREAL — Canada has slipped in the annual Transparency International ranking of countries considered among the least corrupt, in light of the SNC-Lavalin controversy.

Domtar warns of expected operating loss ahead of quarterly results

MONTREAL — Domtar Corp. has warned of an expected operating loss for the fourth quarter and sales that are below analyst expectations.