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GDP flat for third straight month in Oct. as economy 'continued to sputter': StatCan

GDP flat for third straight month in Oct. as economy 'continued to sputter': StatCan

Statistics Canada says the economy flatlined once again, with GDP showing no growth in October for the third straight month.
Cardinal Capital Management joins calls for Chamandy to return as Gildan CEO

Cardinal Capital Management joins calls for Chamandy to return as Gildan CEO

WINNIPEG — Another shareholder of Gildan Activewear Inc. has joined calls for the company to reinstate Glenn Chamandy as CEO.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,765.73, up 164.92 points): TC Energy Corp. (TSX:TRP). Energy. Up 43 cents, or 0.82 per cent, to $52.80 on 17.4 million shares.
TSX rises more than 150 points as markets gain back some of Wednesday's losses

TSX rises more than 150 points as markets gain back some of Wednesday's losses

TORONTO — Strength in base metal and utilities stocks helped Canada's main stock index rise more than 150 points on Thursday, while U.S. stock markets also climbed higher.
BlackBerry shares down more than 10%, looking to cut costs

BlackBerry shares down more than 10%, looking to cut costs

TORONTO — Shares of BlackBerry Ltd. were down 13.5 per cent after the company released its latest quarterly results and its new chief executive said he has his eye on cutting costs. Shares in the company closed down 74 cents at $4.
Energy Fuels starts uranium production at three mines, shares rise

Energy Fuels starts uranium production at three mines, shares rise

TORONTO — Shares of Energy Fuels Inc. were up after the company said it has started production at three of its uranium mines in the United States and was preparing to start production at two more.
Stock market today: Wall Street bounces back after a big loss, S&P 500 again nears record

Stock market today: Wall Street bounces back after a big loss, S&P 500 again nears record

NEW YORK (AP) — Several strong profit reports helped Wall Street claw back most of its sharp loss from the prior day. The S&P 500 rose 1% Thursday and is back within 1% of its all-time high a day after its worst drop in nearly three months.
Angola is leaving OPEC oil cartel after 16 years after dispute over production cuts

Angola is leaving OPEC oil cartel after 16 years after dispute over production cuts

LONDON (AP) — Angola announced Thursday that it's leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year.
Statistics Canada reports retail sales rose 0.7% to $66.9 billion in October

Statistics Canada reports retail sales rose 0.7% to $66.9 billion in October

Canadian shoppers opened up their wallets a touch more in October, helping retail sales rise 0.7 per cent to $66.9 billion that month, but Statistics Canada and analysts are warning such numbers won't keep climbing.
Crescent Point Energy completes deal to buy Hammerhead Energy

Crescent Point Energy completes deal to buy Hammerhead Energy

CALGARY — Crescent Point Energy Corp. says it expects average production of 198,000 to 206,000 barrels of oil equivalent per day in 2024 now that it has closed its deal to buy Hammerhead Energy Inc.