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Central banks must have digital currency alternative if Facebook's Libra blocked: BoC

Central banks must have digital currency alternative if Facebook's Libra blocked: BoC

OTTAWA — A senior official at the Bank of Canada says central banks should have their own digital currency ready as an alternative if they decide to say no to one being developed by Facebook.
Unifor reaches tentative deal with Fiat Chrysler, automaker to invest up to $1.5B

Unifor reaches tentative deal with Fiat Chrysler, automaker to invest up to $1.5B

TORONTO — Unifor has reached a tentative agreement for 9,000 workers at Fiat Chrysler Automobiles in Canada, a deal the union says could see the automaker invest $1.5 billion and add 2,000 jobs.
TMAC Resources deal to be bought by Chinese company facing national security review

TMAC Resources deal to be bought by Chinese company facing national security review

TORONTO — TMAC Resources Inc. says the federal cabinet has ordered a national security review of the proposed sale of the Canadian gold miner to a Chinese company. Shandong Gold Mining Co. Ltd.
Barrick reports 'constructive meetings' with Papua New Guinea in Porgera mine battle

Barrick reports 'constructive meetings' with Papua New Guinea in Porgera mine battle

Toronto-based Barrick Gold Corp. says it has held "constructive meetings" with the Papua New Guinea national government to try to resolve a dispute and reopen the suspended Porgera Gold Mine in the southwestern Pacific island nation.
Aphria reports $5.1M first-quarter loss compared with $16.4M profit a year ago

Aphria reports $5.1M first-quarter loss compared with $16.4M profit a year ago

Aphria Inc.'s medical cannabis business and German operations pushed the company to report a $5.1-million loss in its latest quarter, compared with a $16.4-million profit in the same period a year ago.
TD Bank files lawsuit against Plaid, accusing it of trying to 'dupe' consumers

TD Bank files lawsuit against Plaid, accusing it of trying to 'dupe' consumers

TORONTO — TD Bank Group's U.S. subsidiary has filed a lawsuit against Plaid Inc., accusing the San Francisco-based data aggregator of unlawfully using its logo to trick users into handing over personal data that can later be monetized.
Aritzia posts quarterly loss as it recovers from pandemic prompted store closures

Aritzia posts quarterly loss as it recovers from pandemic prompted store closures

VANCOUVER — Fashion retailer Aritzia Inc. has reopened all the stores it closed due to COVID-19 pandemic lockdowns in March, but ongoing related issues are blamed for lower revenue and a net loss in its most recent fiscal quarter.
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 (16,455.40, down 55.43 points). Toronto-Dominion Bank (TSX:TD). Financials. Down 45 cents, or 0.74 per cent, to $60.03 on 14.
WestJet cutting flights to Atlantic Canada, laying off staff

WestJet cutting flights to Atlantic Canada, laying off staff

WestJet Airlines Ltd. is suspending operations to four cities in Atlantic Canada and slashing service to others in the region as the pandemic continues to take a toll on the airline industry.
Wisconsin judge blocks governor's order limiting capacity

Wisconsin judge blocks governor's order limiting capacity

MADISON, Wis. — A Wisconsin judge on Wednesday temporarily blocked an order from Gov.