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Pot-based medical pet products closer to fruition as research grows

Pot-based medical pet products closer to fruition as research grows

TORONTO — Canadian pets are a few steps closer to getting their paws on pot-based medical treatments in Canada as more cannabis companies research marijuana's efficacy for companion animals. Canopy Growth Corp.
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Nevsun Resources board rejects Lundin's $1.4-billion hostile takeover bid

Nevsun Resources board rejects Lundin's $1.4-billion hostile takeover bid

TORONTO — Nevsun Resources Ltd. says it has rejected a $1.4-billion hostile takeover bid from Lundin Mining Corp. as too low.
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Ritchie Bros. sees double-digit profit gains as U.S. market gains

Ritchie Bros. sees double-digit profit gains as U.S. market gains

VANCOUVER — Ritchie Bros. Auctioneers Inc. says it had double-digit profit and revenue growth in the second quarter compared to last year. The Vancouver-based auctioneer, which reports in U.S. dollars, says it had $45.
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Cenovus inks deal to sell northern Alberta oil and gas assets for $625 million

Cenovus inks deal to sell northern Alberta oil and gas assets for $625 million

CALGARY — Oilsands producer Cenovus Energy Inc. is selling northwestern Alberta oil and gas assets for $625 million as part of a process to reduce its $9.5-billion debt burden.
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Hog nuisance trials get new judge after 3 industry losses

Hog nuisance trials get new judge after 3 industry losses

RALEIGH, N.C. — The federal judge who's managing a series of North Carolina lawsuits accusing the world's largest pork company of creating nuisances for rural neighbours is being temporarily replaced. The order replacing U.S.
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Alberta regulator seeks order against short seller in Badger Daylighting trades

CALGARY — The Alberta Securities Commission is seeking an order prohibiting prominent American short-seller Marc Culver Cohodes from trading in securities of Calgary-based Badger Daylighting Ltd.
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Toronto stock market closes higher in broad advance, U.S. markets mixed

TORONTO — Canada's main stock index closed higher in a broad advance Thursday as tensions with Saudi Arabia appeared to ease, while U.S. markets were mixed. The Toronto Stock Exchange's S&P/TSX composite index closed up 101.90 points at 16,416.
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Peladeau says Habs' failure to make playoffs delivered a body check to ad sales

Peladeau says Habs' failure to make playoffs delivered a body check to ad sales

Quebecor Inc.'s CEO blamed the failure of the Montreal Canadiens to make the playoffs for a major hit to its media ad revenues, a "disappointing" dent in a quarter that nonetheless saw the company skate to $1.04 billion in overall revenue.
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Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,416.98, up 101.90 points) Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down three cents, or 0.63 per cent, to $4.73 on 8.
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Canadian Tire Q2 profit falls, revenue up but below analyst estimates

Canadian Tire Q2 profit falls, revenue up but below analyst estimates

TORONTO — Canadian Tire Corp. executives said April weather put a damper on the business and proved so dismal that it caused the retailer's second-quarter profit to plunge by about 20 per cent when compared with the year before.
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