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Colt suspends production of AR-15 for civilian market

Colt suspends production of AR-15 for civilian market

WEST HARTFORD, Conn.
Toronto stock market sets new record high on rally led by materials and financials

Toronto stock market sets new record high on rally led by materials and financials

TORONTO — Canada's main stock index set new record highs Thursday on a broad-based rally led by materials and financials. The gains were fuelled in part from Wednesday's interest rate cuts by the U.S.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,858.35, up 58.06 points). Baytex Energy Corp. (TSX:BTE). Energy. Up three cents, or 1.36 per cent, to $2.23 on 7.5 million shares.
Bank of Canada appoints Toni Gravelle as its new deputy governor

Bank of Canada appoints Toni Gravelle as its new deputy governor

OTTAWA — The Bank of Canada has appointed Toni Gravelle as its new deputy governor. The central bank says that effective Oct. 1 Gravelle will replace Lynn Patterson, who retired over the summer.
Mitsubishi announces aircraft design centre in Montreal for SpaceJet series

Mitsubishi announces aircraft design centre in Montreal for SpaceJet series

MONTREAL — The Mitsubishi Aircraft Corp. is putting down roots in Quebec, unveiling plans for a Montreal-area product development centre after reaching a deal in June to buy Bombardier Inc.'s regional jet program.

Transcontinental sells specialty publications; buyers include founder's son

MONTREAL — Transcontinental Inc. says the son of its founder will acquire Benefits Canada, Les Affaires and several other specialty publications while a second buyer will acquire Investment Executive, Advisor's Edge and two other publications.
Understanding weather risks for home insurance as premiums, coverage shift

Understanding weather risks for home insurance as premiums, coverage shift

TORONTO — As the immediate impacts of hurricane Dorian fade from the East Coast, its effects on home insurance profiles will linger on.
Former Canopy co-CEO Bruce Linton sees big opportunity in psychedelics

Former Canopy co-CEO Bruce Linton sees big opportunity in psychedelics

Canopy Growth Corp.'s co-founder and recently ousted co-chief executive has his eye on a new frontier for medicine beyond cannabis: psychedelics.
CannTrust says goods returned by Alberta government cannabis firm worth $1.3M

CannTrust says goods returned by Alberta government cannabis firm worth $1.3M

VAUGHAN, Ont. — CannTrust Holdings Inc. said Thursday that about $1.3 million worth of its products will be returned by the Alberta government's cannabis wholesaler and online retailer.
Bank of England holds rates as it awaits Brexit clarity

Bank of England holds rates as it awaits Brexit clarity

LONDON — The Bank of England kept its main interest rate unchanged at 0.75% Thursday, its last scheduled interest rate decision before Britain is due to leave the European Union.