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Nuvei says short-seller report that prompted share plunge 'intentionally misleading'

Nuvei says short-seller report that prompted share plunge 'intentionally misleading'

MONTREAL — Nuvei Corp. has accused short-seller Spruce Point Capital Management of being "intentionally misleading" by issuing a critical report that caused its shares to plunge 40 per cent on Wednesday.
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 (21,077.35, down 85.30 points.) B2Gold Corp. (TSX:BTO). Materials. Up 11 cents, or 2.3 per cent, to $4.90 on 9.3 million shares.
Feds expected to release details of carbon capture tax credit soon, says Cenovus

Feds expected to release details of carbon capture tax credit soon, says Cenovus

CALGARY — Cenovus Energy Inc.
Technology sector falls as S&P/TSX composite snaps two-day rally

Technology sector falls as S&P/TSX composite snaps two-day rally

TORONTO — Canada's main stock index snapped a two-day rally as the technology sector was weighed down by plunging Nuvei Corp. shares following a critical report by a short seller. The S&P/TSX composite index closed down 85.30 points to 21,077.
Kenney touts 'Alberta is back' in first speech to Calgary Chamber since 2019

Kenney touts 'Alberta is back' in first speech to Calgary Chamber since 2019

CALGARY — Premier Jason Kenney used his first address to the Calgary Chamber of Commerce since the start of the pandemic to tout the recovery of Alberta's economy amid high energy prices.
Dollarama well-stocked for holidays but faces supply chain, inflation pressures

Dollarama well-stocked for holidays but faces supply chain, inflation pressures

Dollarama Inc. says it's well-stocked for the busy holiday shopping period despite facing ongoing supply chain issues, inflationary pressure and a tight labour market across Canada.
Mark Carney, Stephen Bown named co-winners of National Business Book Award

Mark Carney, Stephen Bown named co-winners of National Business Book Award

TORONTO — Former Bank of Canada governor Mark Carney and historical author Stephen Bown have been named as co-winners of the National Business Book Award.
Gap agrees to $200,000 fine for allegedly violating Canada's anti-spam law: CRTC

Gap agrees to $200,000 fine for allegedly violating Canada's anti-spam law: CRTC

OTTAWA — Canada's telecommunications regulator says Gap Inc. has agreed to pay $200,000 for allegedly violating Canada's anti-spam legislation. The CRTC says it sent a warning letter to the U.S.
Hallmark takes familiar holiday role; NFL leads prime time

Hallmark takes familiar holiday role; NFL leads prime time

NEW YORK (AP) — It has the makings of a blue Christmas for Leah. She's turning 30 on Christmas Eve, the same day she'll be a bridesmaid at her brother's wedding. But wait — her childhood crush is back in town.
Canadian Pacific shareholders green-light purchase of Kansas City Southern

Canadian Pacific shareholders green-light purchase of Kansas City Southern

CALGARY — Canadian Pacific Railway Ltd. says shareholders have given a big thumbs-up to its deal to buy U.S. railway Kansas City Southern. CP says its stockholders voted 99.