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Spartan Bioscience files for creditor protection after issue with COVID-19 rapid test

Spartan Bioscience files for creditor protection after issue with COVID-19 rapid test

Spartan Bioscience Inc. has filed for creditor protection after pausing shipments of its rapid COVID-19 test due to an issue with the product. The Ottawa-based company said some customers were getting a high level of inconclusive results.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,104.14, up 77.35 points.) The Toronto-Dominion Bank. (TSX:TD). Financials. Down two cents, or 0.02 per cent, to $83.45 on 17.
VistaJet order of Bombardier aircraft points to COVID-induced demand in business jets

VistaJet order of Bombardier aircraft points to COVID-induced demand in business jets

Bombardier's corporate jet business could get a lift after VistaJet said it is expanding its aircraft purchases due to growing customer demand during the COVID-19 pandemic.
California's Pacific Gas & Electric charged in 2019 wildfire

California's Pacific Gas & Electric charged in 2019 wildfire

SACRAMENTO, Calif.
S&P/TSX composite continues record run in historically strong month of April

S&P/TSX composite continues record run in historically strong month of April

TORONTO — Canada's main stock index is following a well-documented trend for April by continuing to set records as investor optimism moved the materials, technology and energy sectors higher.
Electric vehicle sales surge, putting B.C. on track for emission reductions

Electric vehicle sales surge, putting B.C. on track for emission reductions

VICTORIA — Electric vehicles are selling in record numbers in British Columbia. The provincial government says more than 54,000 light-duty electric vehicles are now registered in B.C.
Academics, smaller telecoms say Rogers shouldn't be able to buy Freedom Mobile

Academics, smaller telecoms say Rogers shouldn't be able to buy Freedom Mobile

TORONTO — Rogers Communications Inc.
Sale of Husky stations stopped, Asia-Pacific assets being assessed, says Cenovus CEO

Sale of Husky stations stopped, Asia-Pacific assets being assessed, says Cenovus CEO

CALGARY — The CEO of Cenovus Energy Inc. says the process to sell Husky Energy Inc.'s chain of retail fuel stations was halted at an "advanced" stage as part of the $3.8-billion all-stock takeover that closed early this year.
Canada's Q1 downtown office vacancy rate rises to 14.3%, 4th straight gain

Canada's Q1 downtown office vacancy rate rises to 14.3%, 4th straight gain

TORONTO — CBRE says Canada's downtown office vacancy rate increased for the fourth consecutive quarter to reach 14.3 per cent as more properties became available in Toronto, Vancouver and Montreal in recent months.
Industry optimism rising with production but producers still cautious

Industry optimism rising with production but producers still cautious

CALGARY — Predictions of the end of the oil industry during a global price war and the pandemic a year ago have proven false and the sector is rebounding to pre-COVID levels of production and pricing, says the head of the Canadian Association of Petr