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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.
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.
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.
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.
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.

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.

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.
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.

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.
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.