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Driller Ensign Energy shares fall on slashed dividend and quarterly loss

Driller Ensign Energy shares fall on slashed dividend and quarterly loss

CALGARY — Poor drilling market prospects and a desire to save money to pay down debt and for other priorities convinced Ensign Energy Services Inc. to chop its dividend in half and kill its dividend reinvestment program, the company said Tuesday.
TSX hits record high close despite flat day across North American stock markets

TSX hits record high close despite flat day across North American stock markets

TORONTO — Canada's main stock index reached a record high close Tuesday even as North American stock markets were relatively flat amid a lack of news on trade talks between the world's largest economies. The S&P/TSX composite index closed up 26.

Canadian consumer and business insolvencies on track for large gains in 2019

TORONTO — Canada is on track this year to record the largest increase in consumer insolvency filings in a decade and the first increase in business insolvencies since 2001, says a national association of insolvency and restructuring professionals.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,909.38, up 26.55 points.) Enbridge Inc. (TSX:ENB). Energy. Up 73 cents, or 1.46 per cent, to $50.67 on 12.4 million shares.
Organigram shares dive nearly 20% after warning Q4 revenue would miss Q3 levels

Organigram shares dive nearly 20% after warning Q4 revenue would miss Q3 levels

MONCTON, N.B. — Shares in Organigram Holdings Inc. were hit hard Tuesday after the cannabis company said its fourth-quarter net revenue is expected to be lower than what the company saw in its third quarter.
Bank of Canada official urges public-private sector defence against cyberattacks

Bank of Canada official urges public-private sector defence against cyberattacks

TORONTO — Government bodies and the private sector need more ways to share information about cybersecurity threats, and that may require new regulations or legislation, a Bank of Canada official said Tuesday.
Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts

Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts

CALGARY — Imperial Oil Ltd. is "scurrying" to quickly ramp up crude-by-rail shipments from its Edmonton terminal to take advantage of improved profitability caused by the Keystone pipeline spill in North Dakota, CEO Rich Kruger said Tuesday.
Supreme Court lets Sandy Hook shooting lawsuit go forward

Supreme Court lets Sandy Hook shooting lawsuit go forward

WASHINGTON — The Supreme Court said Tuesday that a survivor and relatives of victims of the Sandy Hook Elementary School shooting can pursue their lawsuit against the maker of the rifle used to kill 26 people.
Rona's 'truly Canadian,' 'proudly Canadian' signs inaccurate, Ad Standards says

Rona's 'truly Canadian,' 'proudly Canadian' signs inaccurate, Ad Standards says

TORONTO — Ad Standards says Rona Inc.'s "truly Canadian" and "proudly Canadian" store signs are inaccurate since the company has been acquired by a U.S. firm.
Recipe Unlimited Corp. shares sink to record low on 'disappointing' Q3

Recipe Unlimited Corp. shares sink to record low on 'disappointing' Q3

VAUGHAN, Ont. — Shares of Recipe Unlimited Corp., the company behind Swiss Chalet, St. Hubert and the Keg, sank to a record low Tuesday after it reported "disappointing" results that saw its sales and profits slip in the third quarter.