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Premier Scott Moe worried U.S. could put tariff on steel after Canadian aluminum

Premier Scott Moe worried U.S. could put tariff on steel after Canadian aluminum

REGINA — Saskatchewan's premier says he's concerned the United States could impose a tariff on Canadian steel after the country slapped a 10 per cent import tax on aluminum.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,544.48, down 34.62 points.) Enbridge Inc. (TSX:ENB). Energy. Up 15 cents, or 0.34 per cent, to $44.17 on 9.67 million shares.
U.S. aluminum tariffs are 'unjustified and unnecessary': Canadian manufacturers

U.S. aluminum tariffs are 'unjustified and unnecessary': Canadian manufacturers

TORONTO — Canada's manufacturing industry is deeply frustrated by the U.S. government's decision to impose tariffs on Canadian aluminum and the uncertainty it creates for the sector.
Russel Metals hit by energy weakness, but plays down prospect of steel tariffs

Russel Metals hit by energy weakness, but plays down prospect of steel tariffs

TORONTO — Russel Metals Inc. reported ailing sales numbers this week, citing not only the COVID-19 pandemic but also low energy prices and drilling activity levels, along with weather delays.
Toronto stock market dips as uncertainties trump strong jobs reports

Toronto stock market dips as uncertainties trump strong jobs reports

TORONTO — Major North American indexes were mixed Friday as trade and stimulus uncertainties trumped stronger-than-expected jobs reports in Canada and the U.S. The S&P/TSX composite index lost 34.62 points to 16,544.48.

US consumer borrowing up in June after 3 months of declines

WASHINGTON — The pandemic still has Americans easing off the plastic. U.S. consumer borrowing rose in June after three months of declines but the key category of credit card debt extended its decline.
Union to extend Montreal port strike indefinitely as dock tensions escalate

Union to extend Montreal port strike indefinitely as dock tensions escalate

Montreal dock workers plan to launch a port-wide strike without an end date starting Monday, the latest move in an escalating standoff between the union and the Maritime Employers Association.

CCL Industries sees split demand as sanitizer spikes, event sales fall

Toronto-based packaging company CCL Industries Inc.
Linamar helped by ventilator contracts as automobile sales plummeted

Linamar helped by ventilator contracts as automobile sales plummeted

GUELPH, Ont. — Linamar Corp. executives said this week that making ventilators for COVID-19 relief is one of many ways the manufacturing company powered through plummeting auto sales. The company based in Guelph, Ont.
Caisse de depot posts negative 2.3 per cent return in first six months of 2020

Caisse de depot posts negative 2.3 per cent return in first six months of 2020

MONTREAL — The Caisse de depot et placement du Quebec says the economic impacts of the COVID-19 pandemic resulted in posting a negative return of 2.3 per cent during the first six months of 2020.
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