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Ottawa raises $8.9 billion for 5G wireless licences in 3,500 MHz spectrum auction

Ottawa raises $8.9 billion for 5G wireless licences in 3,500 MHz spectrum auction

The federal government raised $8.9 billion in a licence auction for a key band of 5G wireless spectrum in results announced after the close of markets Thursday.
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 (20,311.78, up 81.38 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 82 cents or 3.2 per cent, to $24.89 on 10.6 million shares.
TC Energy in dispute with LNG Canada; could delay construction of Coastal GasLink

TC Energy in dispute with LNG Canada; could delay construction of Coastal GasLink

CALGARY — The completion of the Coastal GasLink pipeline could be delayed if TC Energy cannot resolve an ongoing dispute with LNG Canada over project costs, the Calgary-based company said Thursday.
TSX closes at all time high, U.S. markets up after big jump in commodities prices

TSX closes at all time high, U.S. markets up after big jump in commodities prices

Canada's main stock exchange closed at an all-time high as commodities like gold and oil benefitted from a weaker U.S. dollar on Thursday. Mike Archibald, vice-president and portfolio manager with AGF Investments Inc.
US economy surpasses pre-pandemic size with 6.5% Q2 growth

US economy surpasses pre-pandemic size with 6.5% Q2 growth

WASHINGTON (AP) — Fueled by vaccinations and government aid, the U.S. economy grew at a solid 6.5% annual rate last quarter in another sign that the nation has achieved a sustained recovery from the pandemic recession.
Molson Coors to quadruple hard seltzer production in Canada as brand mix grows

Molson Coors to quadruple hard seltzer production in Canada as brand mix grows

MONTREAL — Molson Coors Beverage Co.
Senate OKs bill to secure Capitol, help Afghans with visas

Senate OKs bill to secure Capitol, help Afghans with visas

WASHINGTON (AP) — An emergency spending bill passed by the Senate 98-0 on Thursday would bolster security at the Capitol and repay outstanding debts from the Jan. 6 insurrection. The $2.
Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

Cenovus retires $1 billion in debt as oil price surge lifts Canadian energy sector

CALGARY — Cenovus Energy Inc. retired nearly $1 billion in debt in the second quarter as the easing of COVID-19 restrictions and a related commodity price surge provided a lift to Canadian oil and gas producers.
In Robinhood's stock debut, a tumble and then sharp swings

In Robinhood's stock debut, a tumble and then sharp swings

NEW YORK (AP) — Robinhood made its own leap into the stock market Thursday, the one it helped reshape by bringing millions of new investors to Wall Street, and its initial reception was wild.
Kirkland Lake posts record earnings, production in second quarter

Kirkland Lake posts record earnings, production in second quarter

TORONTO — Mining company Kirkland Lake reported record production and earnings in their second quarter, despite a rise in operating costs for selling gold compared to the previous year. The Toronto-based company reported net earnings of US$244.
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