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IPOs booming as Canadian companies refuse to let crisis deter them from going public

IPOs booming as Canadian companies refuse to let crisis deter them from going public

TORONTO — Shortly after the first COVID-19 lockdown measures came into effect in March 2020, Ali Khan Lalani found himself in a grocery store aisle in a vain search for frozen pizza. "The grocery store owner said, 'I can't keep them on the shelf.
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Vatican indicts 10 people, including a cardinal, in UK deal

Vatican indicts 10 people, including a cardinal, in UK deal

ROME (AP) — A Vatican judge on Saturday indicted 10 people, including a once-powerful cardinal, on charges including embezzlement, abuse of office, extortion and fraud in connection with the Secretariat of State’s 350 million-euro investment in a Lon
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Cannabis farmers forced to react as heat, wildfires take their toll on crops

Cannabis farmers forced to react as heat, wildfires take their toll on crops

It used to be common to see Tyler Rumi and his B.C. cannabis farm staff out watering their plants until the recent heat wave hit.
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Canadian auto sales surge nearly 52 per cent in Q2 after small increase in June

Canadian auto sales surge nearly 52 per cent in Q2 after small increase in June

TORONTO — Canadian auto sales surged nearly 52 per cent in the second quarter from a year ago to mark the second-best three-month period since the start of the pandemic.
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TC Energy files legacy NAFTA claim; seeks $15B in damages after KXL cancellation

TC Energy files legacy NAFTA claim; seeks $15B in damages after KXL cancellation

CALGARY — TC Energy says it will seek more than US$15 billion from the U.S. government in the wake of President Joe Biden's cancellation of the Keystone XL pipeline's damage permit.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,226.11, up 60.53 points.) The Bank of Nova Scotia. (TSX:BNS). Financials. Up 38 cents, or 0.47 per cent, to $81.
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TSX starts second half of year in record territory after explosive start to 2021

TSX starts second half of year in record territory after explosive start to 2021

TORONTO — Canada's main stock index started off the second half of the year in record territory as U.S. jobs gains point to a strong recovery in the months to come. The S&P/TSX composite index returned from the Canada Day holiday to close up 60.
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Torontonian charged in multimillion-dollar insider trading case in U.S.

Torontonian charged in multimillion-dollar insider trading case in U.S.

NEW YORK — A Toronto trader working at a Canadian asset management company has been charged in the U.S. for insider trading and running a multimillion-dollar front-running scheme. The U.S.
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US hiring accelerated in June as workers earned higher pay

US hiring accelerated in June as workers earned higher pay

WASHINGTON (AP) — In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill open jobs.
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Telus sets up mobile cell tower for Lytton, B.C. emergency crews

Telus sets up mobile cell tower for Lytton, B.C. emergency crews

VANCOUVER — Telus Corp. says its has deployed emergency communications equipment to support local authorities and emergency crews dealing with the wildfire in Lytton, B.C.
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