Skip to content

National Business

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (14,830.74, up 19.18 points.) Freegold Ventures Ltd. (TSX:FVL). Materials. Up nine cents, or 112.5 per cent, to 17 cents on 26.
Spin Master reports net loss of US$27 million on supply chain issues

Spin Master reports net loss of US$27 million on supply chain issues

TORONTO — Spin Master Corp. says it had a net loss of US$26.7 million in the first quarter as it struggled with supply chain issues and the COVID-19 outbreak. The company, which reports in U.S.
TSX inches higher as Shopify overtakes RBC as top Canadian company

TSX inches higher as Shopify overtakes RBC as top Canadian company

TORONTO — Canada's main stock index inched higher midweek as Shopify Inc. overtook the Royal Bank of Canada to become the country's most valuable company thanks in part to a boom in online shopping while Canadians adopt physical distancing.
Shopify overtakes RBC as most valued Canadian company as online services in demand

Shopify overtakes RBC as most valued Canadian company as online services in demand

OTTAWA — Shopify Inc. overtook RBC as the most valuable Canadian company Wednesday after the company's share price climbed on signs demand for online commerce is higher than ever.
NYT says it can 'ride out' virus as subscriber numbers boom

NYT says it can 'ride out' virus as subscriber numbers boom

The New York Times Co. added new digital subscribers at a record rate as the coronavirus spread in the first quarter, helping offset shrinking ad revenues.
General Motors to restart some Ontario production next week, most week after

General Motors to restart some Ontario production next week, most week after

OSHAWA, Ont. — General Motors says it plans to restart some production at its engine plant in St. Catharines, Ont. next week ahead of a wider restart of North American operations the week of May 18.
Suncor CEO predicts slow recovery for sector from pandemic demand crunch

Suncor CEO predicts slow recovery for sector from pandemic demand crunch

CALGARY — Consumer demand for fuel is growing slightly after a sudden decline due to measures to deal with the COVID-19 pandemic but the CEO of Suncor Energy Inc.
Barrick Gold removes suspended Papua New Guinea gold mine output from guidance

Barrick Gold removes suspended Papua New Guinea gold mine output from guidance

TORONTO — Barrick Gold Corp. has withdrawn production guidance for its Porgera gold mine in Papua New Guinea after suspending operations amid a dispute with the national government over an extension of its expired mining permit.
With factories dark, GM profit slumps 88%; 2Q likely worse

With factories dark, GM profit slumps 88%; 2Q likely worse

DETROIT — General Motors' first-quarter net income fell 88%, but it still managed to make $247 million despite the arrival of the global coronavirus pandemic. U.S. automakers suspended production in much of the world in late March.
Torstar reports $23.5-million loss as Q1 revenue falls in wake of COVID-19

Torstar reports $23.5-million loss as Q1 revenue falls in wake of COVID-19

TORONTO — Torstar Corp. lost $23.