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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,705.95, down 48.19): Suncor Energy Inc. (TSX:SU). Energy. Up 49 cents, or 1.27 per cent, to $39.00 on 12.7 million shares.
WestJet CEO pledges fares will not rise due to airline mergers

WestJet CEO pledges fares will not rise due to airline mergers

WestJet CEO Alexis von Hoensbroech says bringing Swoop and Sunwing Airlines under its banner won't lead to higher airfares, since integrating the discount carriers will also tamp down costs.
S&P/TSX composite posts loss Wednesday despite energy gains, U.S. markets also lower

S&P/TSX composite posts loss Wednesday despite energy gains, U.S. markets also lower

TORONTO — Losses in technology and battery metals helped lead Canada's main stock index lower despite gains in energy Wednesday, while U.S. markets were also down.
Amazon is accused of enrolling consumers into Prime without consent and making it hard to cancel

Amazon is accused of enrolling consumers into Prime without consent and making it hard to cancel

NEW YORK (AP) — Amazon was sued Wednesday by the Federal Trade Commission for allegedly engaging in a yearslong effort to enroll consumers without consent into Amazon Prime and making it difficult for them to cancel their subscriptions.
CPA Canada says provincial organizations severing ties over governance disagreements

CPA Canada says provincial organizations severing ties over governance disagreements

TORONTO — The organization representing chartered professional accountants across Canada said it was blindsided by news that two of its provincial counterparts have decided to part ways with the national body amid disagreements over how best to gover
Stock market today: Falling tech stocks slow Wall Street's rally

Stock market today: Falling tech stocks slow Wall Street's rally

NEW YORK (AP) — Tech stocks fell Wednesday, keeping Wall Street mixed and sapping more momentum from its five-week rally. The S&P 500 closed 0.
Faint hope as 'banging' noise detected in deep-sea search for sub near Titanic

Faint hope as 'banging' noise detected in deep-sea search for sub near Titanic

HALIFAX — Underwater noises described as “banging” have been heard in an area of the Atlantic where a submersible disappeared three days ago near the wreck of the Titanic, search officials confirmed Wednesday. However, U.S. Coast Guard Capt.
BoC debated waiting until July to hike rates, but says data prompted it to act sooner

BoC debated waiting until July to hike rates, but says data prompted it to act sooner

OTTAWA — The Bank of Canada's governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data.
Fed's Powell: More rate hikes are likely this year to fight still-high inflation

Fed's Powell: More rate hikes are likely this year to fight still-high inflation

WASHINGTON (AP) — With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell told a House committee Wednesday.
Retail sales grow 1.1 per cent in April as consumer resiliency continues

Retail sales grow 1.1 per cent in April as consumer resiliency continues

OTTAWA — Canadian retail sales came in stronger than initially estimated, as analysts say consumers proved resilient amid an economically challenging environment but that momentum is expected to slow. Retail sales rose 1.1 per cent to $65.