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Annual inflation rate hits 4.4 per cent in September, Statistics Canada says

Annual inflation rate hits 4.4 per cent in September, Statistics Canada says

OTTAWA — Statistics Canada says the annual pace of inflation picked up in September to reach its highest level since February 2003. The agency says its consumer price index in September was up 4.4 per cent compared with a year ago.
Magna International lowers outlook as chip shortage hurts auto production

Magna International lowers outlook as chip shortage hurts auto production

TORONTO — Magna International Inc. is lowering its outlook for the year as a result of lower than expected auto production as the industry continues to struggle with a shortage of semiconductor chips.
Cannabis company Hexo names Scott Cooper as new CEO, effective immediately

Cannabis company Hexo names Scott Cooper as new CEO, effective immediately

OTTAWA — Hexo Corp. has named Scott Cooper as the cannabis company's new president and chief executive, effective immediately. Cooper is president and CEO of Truss Beverages, a joint venture between Hexo and Molson-Coors.
CGI announces deal to buy Spanish firm Cognicase Management Consulting

CGI announces deal to buy Spanish firm Cognicase Management Consulting

MONTREAL — CGI Inc. says it has signed a deal to acquire Spanish company Cognicase Management Consulting (CMC). Financial terms of the deal were not immediately available. CMC was founded in 1993.
Supply shortage woes have Halloween shops scrambling for stock

Supply shortage woes have Halloween shops scrambling for stock

It's a scary Halloween season for retailers that are scrambling to stock their shelves in time for the holiday.
Facebook paying fine to settle US suit on discrimination

Facebook paying fine to settle US suit on discrimination

WASHINGTON (AP) — Facebook is paying a $4.75 million fine and up to $9.5 million to eligible victims to resolve the Justice Department’s allegations that it discriminated against U.S.
Netflix posts higher 3Q earnings, solid subscriber growth

Netflix posts higher 3Q earnings, solid subscriber growth

Netflix posted sharply higher third-quarter earnings Tuesday thanks to a stronger slate of titles, including “Squid Game,” the dystopian survival drama from South Korea that the company says became its biggest-ever TV show.
CN's chief executive to retire, rail's Q3 profit surges to $1.69B with KCS break fee

CN's chief executive to retire, rail's Q3 profit surges to $1.69B with KCS break fee

Canadian National Railway Co.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,086.99, up 101.62 points.) Suncor Energy Inc. (TSX:SU). Energy. Down one cent, or 0.04 per cent, to $28.68 on 10.7 million shares.
Flair Airlines expands fleet, adds 14 new routes in Canada and U.S.

Flair Airlines expands fleet, adds 14 new routes in Canada and U.S.

CALGARY — As Canada's largest airlines struggle to pick up the pieces in the wake of the COVID-19 pandemic, an Edmonton-based discount carrier with ambitious expansion plans has been looking for opportunities amidst the wreckage.