Most actively traded companies on the TSX + MORE Oct 22nd

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Some of the most active companies traded Friday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,939.04, up 91.12 points):
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Down 40 cents, or 5.54 per cent, to $6.82 on 5.6 million shares.
Spartan Energy Corp. (TSX:SPE). Oil and gas. Down six cents, or 1.71 per cent, to $3.44 on 5.5 million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down 20 cents, or 1.34 per cent, to $14.75 on 5.4 million shares.
Concordia International Corp. (TSX:CXR). Health-care. Up 73 cents, or 13.90 per cent, to $5.98 on 5.3 million shares. Concordia International says CEO Mark Thompson will step down following the appointment of a successor. Thompson founded the company in December 2012.
Precision Drilling Corp. (TSX:PD). Oil and gas. Up 25 cents, or 4.07 per cent, to $6.40 on 4.8 million shares. Precision Drilling had a $47 million net loss for the third quarter as revenue declined 45 per cent from last year. The loss amounted to 16 cents per share, which was an improvement from the Calgary-based drilling company’s 2015 third quarter loss of $87 million or 30 cents per share…

Continue Reading On canadianbusiness.com »

CBC.caQuebec still optimistic for CSeries despite Bombardier job cutsCBC.caThe Quebec government defended its billion-dollar investment in Bombardier on Friday, after the plane and train-maker announced it was cutting 1,500 jobs in the province. Bombardier said it plans to cut a total of 2,000 jobs across Canada, and 7,500 …Bombardier cutting another 7500 jobs; rail unit to be hit hardestThe Globe and MailBombardier cutting 7500 jobs over two yearsToronto StarBombardier to cut 7500 more jobs through 2018, mostly in railReuters CanadaBNN -The Motley Fool Canada -Charleston Post Courier -Radio Canada Internationalall 79 news articles »

Continue Reading On Cbc.ca »

EDMONTON – Alberta plans to spend more money to cut methane emissions.
Environment Minister Shannon Phillips says another $33 million will be added to the $7 million already pledged to reduce emissions of the greenhouse gas by 45 per cent by 2025.
She says the money will go toward developing advanced technologies.
Methane comes from many sources including the production of coal, natural gas, oil, livestock and other farm practices as well as from the decay of organic waste.
The money will come from an organization created by the government called Emissions Reduction Alberta (ERA) and is to be funded by a carbon levy that heavy CO2 emitters have paid into since 2007.
ERA was formerly known as the Climate Change and Emissions Management Corporation.
The NDP government said it changed the name to better reflect its emissions reduction mandate.
“Innovation is vital to the global issue of climate change,” Phillips said Friday in a release.
“By developing the next generation of innovative and clean technology, we build a sustainable and diversified economy that attracts investment, creates jobs, expands market access and reduces greenhouse gas emissions…

Continue Reading On canadianbusiness.com »

The federal government said Friday it wants to hear from players in the financial industry on lender risk sharing, a move that could see financial institutions absorb a portion of loan losses on insured mortgages that default.

Continue Reading On cbc.ca »

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