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Chorus Aviation shares surge 34 per cent after confirming takeover proposal

Chorus Aviation shares surge 34 per cent after confirming takeover proposal

HALIFAX — Shares of Chorus Aviation Inc. surged 34 per cent after it confirmed receiving an acquisition proposal from an unnamed third party.
Alberta to stop limits on oil production in December after nearly two years

Alberta to stop limits on oil production in December after nearly two years

CALGARY — Alberta's oil curtailment quotas are set to end in December, nearly two years after the previous NDP government introduced them as a temporary measure to support oil prices.
Rents fell in Toronto this summer as condo listings surged nearly 114 per cent

Rents fell in Toronto this summer as condo listings surged nearly 114 per cent

TORONTO — Rental listings more than doubled in the third quarter, as investors pulled their condos from platforms such as Airbnb and put them onto the traditional rental market instead, according to the Toronto Regional Real Estate Board.

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 (16,304.08, up 24.72 points.) Royal Bank of Canada. (TSX:RY). Financials. Down $1.06, or 1.09 per cent, to $96.29 on 12.9 million shares.
North American stock markets end another flat week ahead of U.S. election

North American stock markets end another flat week ahead of U.S. election

TORONTO — North American stock markets ended a second flat week of trading Friday as investors held back ahead of the upcoming U.S. presidential election. The S&P/TSX composite index closed up 24.72 points to 16,304.08.
Markets concerns about contested U.S. election fading with Biden lead in polls

Markets concerns about contested U.S. election fading with Biden lead in polls

TORONTO — Stock market investors are breathing a little easier despite potentially facing higher taxes as the possibility of a contested U.S. presidential election appears to be fading, say investment experts.

Ontario promises action to address rising insurance rates as critics urge regulation

TORONTO — Under pressure to address rising commercial insurance rates blamed on the pandemic, Premier Doug Ford promised this week to take action to stop what he called "gouging" by some companies in the sector.

Trends that drove lumber prices to record highs will continue, Canfor CEO predicts

The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize record high revenues in the third quarter is expected to continue to provide benefits going forward, CEO Don Kayne says.
Canadian companies that have filed for creditor protection since COVID-19 pandemic

Canadian companies that have filed for creditor protection since COVID-19 pandemic

TORONTO — A list of some of the companies that have taken steps under the Companies' Creditors Arrangement Act or Bankruptcy and Insolvency Act since the beginning of the pandemic: Oct. 23: Le Chateau Inc. (apparel retailer) Sept.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Cogeco earnings Cogeco Inc. and Cogeco Communications release Q4 results after markets close on Tuesday.