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  • Hyundai recalls more than 100,000 Elantras to fix problem with braking system

    December 13, 2017 4:03 PM 7

    OTTAWA—Transport Canada says Hyundai is recalling 103,556 Elantra cars from the 2013-2014 model years to fix a problem with the braking system. On some vehicles, the rear stop lamps could remain on continuously when the brake pedal is released. Transport Canada says the problem could provide false information to drivers following the affected Elantras

  • Hydropothecary cannabis expansion plans to put it among top producers in Canada

    December 12, 2017 7:45 PM 9

    Shares of Hydropothecary Corp. rose more than 18 per cent after the licensed medical cannabis producer announced ambitious plans that will see it further grow its operations in Quebec at a rapid pace. The company (TSXV:THCX) said Tuesday it has acquired property adjacent to its existing facility in Gatineau, Que., to construct a new 93,000-square-metre

  • TSX boosted by health care, materials sectors as loonie loses ground

    December 12, 2017 4:50 PM 11

    The health care and materials sectors helped boost Canada’s main stock index in late-morning trading as the loonie lost ground. The S&P/TSX composite index was up 24.83 points to 16,128.34, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 90.05 points to 24,476.08. The S&P 500 index was up 4.17 points to 2,664.16 and the Nasdaq

  • CanniMed pushes against Aurora’s takeover bid by seeking regulatory action

    December 11, 2017 7:03 PM 11

    CanniMed is asking regulators to cease Aurora's takeover bid until 105 days after a circular that meets regulatory requirements of an insider bid. CanniMed Therapeutics is seeking regulatory action in both Saskatchewan and Ontario, the company’s latest push back against a hostile takeover attempt by Aurora Cannabis. The Saskatoon-based medical marijuana

  • TSX boosted by mining stocks as U.S. markets remain mixed

    December 11, 2017 4:52 PM 10

    Meanwhile, the Canadian dollar was trading at 77.82 cents U.S., up from an average price of 77.76 cents U.S. on Friday. Canadian mining stocks helped give the main Toronto stock index some lift in late-morning trading, while U.S. stocks were mixed. The S&P/TSX composite index was up 15.94 points to 16,112.01, after 90 minutes of trading. In New York, the Dow Jones

  • Lyft starts global expansion with Toronto service launch Tuesday

    December 11, 2017 4:40 PM 11

    TORONTO - Ride-hailing service Lyft will launch its service in Toronto on Tuesday, marking its first expansion outside the United States. The addition of Lyft brings increased competition to Uber in Canada's largest city. The company announced plans to expand to Toronto last month, but had not set a date for its start. Lyft will operate between Hamilton

  • CanniMed seeks regulatory action against Aurora's hostile takeover bid

    December 11, 2017 3:59 PM 8

    CanniMed seeking order that Aurora's hostile offer be considered an 'insider bid' CanniMed Therapeutics says it is seeking regulatory action in both Saskatchewan and Ontario in its latest push back against Aurora Cannabis' hostile takeover bid. The Saskatoon-based medical marijuana producer says it has applied to securities regulators in both provinces

  • Mining stocks give TSX some lift, loonie up from Friday

    December 11, 2017 6:02 AM 10

    TORONTO -- Canadian mining stocks helped give the main Toronto stock index some lift in late-morning trading, while U.S. stocks were mixed. The S&P/TSX composite index was up 15.94 points to 16,112.01, after 90 minutes of trading. In New York, the Dow Jones industrial average was down 8.02 points to 24,321.14. The S&P 500 index was up 2.05 points to 2,653.55 and the Nasdaq

  • How to save money on shoes

    December 10, 2017 5:00 AM 8

    We asked an expert on footwear how to save money on footwear. Whether it’s sneakers or sandals, high heels or loafers, work shoes or rain boots, shoes can also be a pricey part of your wardrobe. The Star reached out to Torontonian Kimberly Lyn, fashion and lifestyle writer on her website “The Souls of My Shoes”. As a self-proclaimed shoe lover, Lyn shared

  • Aecon Group wins two regulator approvals for $1.5B sale to Chinese buyer

    December 8, 2017 4:41 PM 9

    The deal with CCCC International Holding Ltd., however, still faces a review under the Investment Canada Act. Aecon (TSX: ARE) says it has received a "no action" letter granting approval under the Canadian Competition Act and it has been advised by the buyer that it has approval from the National Development and Reform Commission, a Chinese economic