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TMX Group reports Q1 profit and revenue up from year ago as trading surged

TMX Group reports Q1 profit and revenue up from year ago as trading surged

TORONTO — TMX Group Ltd. reported its first-quarter profit and revenue grew compared with a year ago as stock trading surged in volatile markets caused by the COVID-19 pandemic.
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Disclosure tops telecom issues raised with industry ombudsman in interim report

Disclosure tops telecom issues raised with industry ombudsman in interim report

OTTAWA — Canada's telecommunications ombudsman says the top issue raised by customers in the latter part of 2019 was the information disclosed by their service providers, followed closely by incorrect charges.
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Post-COVID grocery store sales high but below the mid-March peak, StatCan says

Post-COVID grocery store sales high but below the mid-March peak, StatCan says

OTTAWA — Consumers continued to buy more hand sanitizer, toilet paper, canned goods and baking supplies in April than before the COVID-19 pandemic even as the mid-March shopping frenzy started to die down, according to Statistic Canada's latest data.
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Tilray's Q1 net loss widens to US$184.1 million amid layoffs and restructuring

Tilray's Q1 net loss widens to US$184.1 million amid layoffs and restructuring

Tilray Inc. experienced a rocky first quarter as it grappled with losing 10 per cent of its workforce through layoffs and then the restructuring of its operations. The Nanaimo, B.C.,-based cannabis firm, which reports its earnings in U.S.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,103.22, up 136.66 points.) Freegold Ventures Ltd. (TSX:FVL). Materials. Unchanged at 34 cents on 21.8 million shares.
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Oilpatch welcomes federal aid for large firms despite climate change conditions

Oilpatch welcomes federal aid for large firms despite climate change conditions

CALGARY — A federal financing relief package for large Canadian companies was applauded by the oil and gas sector and the Alberta government on Monday despite conditions that could link the aid to an individual company's climate change goals.
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Toronto stock market moves higher to start week as Shopify surges

Toronto stock market moves higher to start week as Shopify surges

TORONTO — Shopify Inc. led Canada's main stock index higher to start the week as the technology sector continues to thrive amid the COVID-19 pandemic. The S&P/TSX composite index closed up 136.66 points at 15,103.
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Pandemic prompts Vancouver Airport Authority to lay off workers

Pandemic prompts Vancouver Airport Authority to lay off workers

VANCOUVER — The Vancouver Airport Authority says it has issued layoff notices to 25 per cent of its nearly 550-person workforce, including both management and union employees.
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Quebecor's interest in Cirque du Soleil seems logical, analyst says

Quebecor's interest in Cirque du Soleil seems logical, analyst says

MONTREAL — Quebecor's interest in Cirque du Soleil seems logical to at least one financial analyst if the media company opts to trim the size of Cirque's entertainment business in order to revive its financial health.
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Investment watchdog imposes $1.8M in fines in 2019, nearly double 2018 levels

Investment watchdog imposes $1.8M in fines in 2019, nearly double 2018 levels

TORONTO — A total of $1.8 million in sanctions was levied against Canadian investment firms by a national industry watchdog last year, about double what it imposed in 2018.
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