Tourmaline to buy Shell gas assets in B.C. for about $1.4-billion + MORE Oct 21st

TSX getting you down? There are always sound investment alternatives.
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Should the sole recipient of an estate be the executor too? + MORE Mar 27th

Q. I am 68-years-old and in good health, and am planning to leave my money to my grandson. He is 20 years old, very good with money, and has common sense. I had asked my son to be the executor of my will but that was before I decided to leave my money to my grandson. I have now decided to leave bot.... More »

Meet Canada’s All-Star Stocks + MORE Nov 7th

This is Kickstart—the daily morning management briefing on innovation, leadership, technology and the economy from the editors of Canadian Business. Sign up to get it directly to your inbox each weekday at 6 AM Eastern. Good morning! Here’s what’s on our radar at the moment: Meet Canadaâ€.... More »

Protests, court challenges, B.C. recount: Trans Mountain IPO comes at awkward time for Kinder Morgan May 21st

Kinder Morgan's plan to raise money for its Trans Mountain expansion through an initial public offering could not come at a more awkward time..... More »
 blue-chip

Shares in Cameco up after Kazakhstan plans uranium production cuts + MORE Dec 4th

TORONTO _ Shares of Canadian miner Cameco Corp. (TSX:CCO) soared in trading Monday after a rival uranium producer announced plans to cut production. Kazakhstan’s state-owned Kazatomprom announced it plans to reduce uranium production by 20 per cent for three years, starting in January. Kazakhs.... More »
 IPO

Save, sell, borrow, work: How to take your RRSP top-up over the top Feb 8th

In most circumstances, driving money into your RRSP is a great deal, writes Lesley-Anne Scorgie. Here’s some ideas for bulking up your contribution before the March 1 deadline..... More »
The Canada Revenue Agency says it has recovered more than $240 million from audits related to probes of tax cheating on real estate in British Columbia and Ontario.

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The Sydney Morning HeraldAbove the clouds: Microsoft shares gain $35 billion, soaring to all-time highThe Sydney Morning HeraldMicrosoft has staked its future on cloud computing, the next big technology wave for companies, and it's starting to look like a good bet. Sales of its flagship cloud product doubled in its first quarter, propelling earnings above analysts' estimates …Microsoft beats estimates with 3.1% rise in adjusted revenueThe Globe and MailMicrosoft shares reach all time high riding on cloud services salesFirstpostMicrosoft's Cloud Results Just Blew Its Stock Price Through The RoofFortuneArs Technica -Wall Street Journal -Computerworld -VentureBeatall 178 news articles »

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CBC.caGovernment's economic advisory council unveils plans to boost household income $15000, by 2030CBC.caThe Trudeau government's influential team of economic advisers unveiled a batch of growth-lifting recommendations Thursday that focused on immigration, infrastructure and investment strategies. The objective, the experts say, is to double Canada's …Slow economy could add billions to federal deficit, Bill Morneau warnsNational PostMorneau's economic growth council calls for national infrastructure bankThe Globe and Mail50 per cent immigration boost makes 'complete sense,' says expertGlobalnews.caReuters Canada -Huffington Post Canada -Canada Immigration Newsall 40 news articles »

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To help fund the acquisition, Tourmaline is issuing $635-million of common shares

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Some of the most active companies traded Thursday on the Toronto Stock Exchange:
Toronto Stock Exchange (14,847.92, up 7.43 points):
Fortis Inc. (TSX:FTS). Utilities. Down 32 cents, or 0.75 per cent, to $42.54 on 12.6-million shares.
Canopy Growth Corp. (TSX:CGC). Drug manufacturer. Up 16 cents, or 2.27 per cent, to $7.22 on 7.1-million shares.
B2Gold Corp. (TSX:BTO). Miner. Up five cents, or 1.39 per cent, to $3.64 on 5.7-million shares.
Baytex Energy Corp. (TSX:BTE). Oil and gas. Down four cents, or 0.68 per cent, to $5.80 on 5.4-million shares.
Iamgold Corp. (TSX:IMG). Miner. Up 22 cents, or 4.34 per cent, to $5.29 on 4.7-million shares.
Encana Corp. (TSX:ECA). Oil and gas. Down 11 cents, or 0.73 per cent, to $14.95 on 4.6-million shares.
Companies reporting major news:
Postmedia Network Canada Corp. (TSX:PNC.A). Media. Down 25 cents, or 11.11 per cent, to $2 on 1,100 shares. (TSX:PNC.B). Media. Down 15 cents, or 6.67 per cent, to $2.10 on 6,315 shares. Postmedia said Thursday it plans to reduce its salary costs by 20 per cent through voluntary staff buyouts, adding that layoffs are possible if that target isn’t met as it announced net losses that nearly doubled in its most recent quarter…

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