Economy of Toronto

Toronto Stock Exchange and TSX Venture Exchange announce relief measures for listed issuers in response to COVID-19

Retrieved on: 
Monday, March 23, 2020
Toronto Stock Exchange, Economy of Toronto, TSX Venture Exchange, TMX Group, Stock exchanges, Economy of Canada, TMX, ONTARIO, Standard & Poor's, NEO Exchange

TORONTO, March 23, 2020 /CNW/ - TMX Group exchanges Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today announced temporary blanket relief measures for TSX and TSXV listed issuers during the Coronavirus (COVID-19) pandemic.

Key Points: 
  • TORONTO, March 23, 2020 /CNW/ - TMX Group exchanges Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) today announced temporary blanket relief measures for TSX and TSXV listed issuers during the Coronavirus (COVID-19) pandemic.
  • TSX and TSXV are not requiring issuers to apply to the Exchanges to take advantage of this relief, but instead all measures will automatically apply today.
  • TSX and TSXV issuer relief measures include timeframe extensions for holding annual shareholder meetings, and approvals of stock option plans.
  • TMX Group's key operations include Toronto Stock Exchange , TSX Venture Exchange , TSX Alpha Exchange , The Canadian Depository for Securities , Montral Exchange , Canadian Derivatives Clearing Corporation , and Trayport which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community.

BROOKFIELD RELEASES AN UPDATE FOR SHAREHOLDERS

Retrieved on: 
Monday, March 23, 2020
Economy of Toronto, Brookfield Asset Management, S&P/TSX 60 Index, Companies, Brookfield, Economy of Ontario, Brookfield Renewable Partners, Brookfield Residential

BROOKFIELD NEWS, March 23, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today released an Update for Brookfield Shareholders, which can be accessed at: https://bam.brookfield.com/~/media/Files/B/Brookfield-BAM-IR-V2/documents/ Update_for_Brookfield_Shareholders_3-23-2020.pdf

Key Points: 
  • BROOKFIELD NEWS, March 23, 2020 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (TSX: BAM.A, NYSE: BAM) today released an Update for Brookfield Shareholders, which can be accessed at: https://bam.brookfield.com/~/media/Files/B/Brookfield-BAM-IR-V2/documents/ Update_for_Brookfield_Shareholders_3-23-2020.pdf
    Brookfield Asset Management Inc. is a leading global alternative asset manager with over $540billion of assets under management across real estate, infrastructure, renewable power, private equity and credit.Brookfieldowns and operates long-life assets and businesses, many of which form the backbone of the global economy.
  • Utilizing its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the worldincluding public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors.
  • Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A respectively.
  • For more information, please visit our website at www.brookfield.com or contact:

CAE invited to take part in RBC-moderated webcast about the COVID-19 situation and its impact

Retrieved on: 
Friday, March 20, 2020
CAE Inc., Royal Bank of Canada, Economy of Toronto, Computer-aided engineering, RBC Capital Markets, Companies, New York Stock Exchange, Toronto Stock Exchange, Economy of Canada, Stock exchanges

MONTREAL, March 20, 2020 /PRNewswire/ -(NYSE: CAE) (TSX: CAE) RBC Capital Markets will host a conference call with CAE's leadership team on Monday, March 23 at 11 a.m. EDT.

Key Points: 
  • MONTREAL, March 20, 2020 /PRNewswire/ -(NYSE: CAE) (TSX: CAE) RBC Capital Markets will host a conference call with CAE's leadership team on Monday, March 23 at 11 a.m. EDT.
  • The session is intended to provide insights on the potential impact of the rapidly evolving COVID-19 situation, along with mitigating actions being implemented.
  • The discussion will focus on the resiliency of CAE's business model, balance sheet status and flexibility, as well as operational and financial measures being taken across CAE, during these unprecedented times.
  • Shortly after the session, the replay will be available on CAE's website until March 30.

CIBC Announces a Change of Location of its Annual Meeting of Shareholders

Retrieved on: 
Friday, March 20, 2020
Canadian Imperial Bank of Commerce, S&P/TSX 60 Index, Economy of Toronto, Economy of Canada, Companies

Our virtual meeting is permitted under a court order that CIBC and other Canadian financial institutions received today.

Key Points: 
  • Our virtual meeting is permitted under a court order that CIBC and other Canadian financial institutions received today.
  • CIBC will be leveraging technology to help provide a consistent and positive experience to all shareholders regardless of their location.
  • Note that the proxy form or voting instruction form previously distributed to shareholders will not be updated to reflect the change to a virtual format.
  • CIBC is a leading North American financial institution with 10 million personal banking, business, public sector and institutional clients.

Torque Esports Corp. Announces Completion of Shares for Debt Transaction

Retrieved on: 
Friday, March 20, 2020
Economy of Toronto, eSports, Video game culture, Toronto Stock Exchange, TSX Venture Exchange, Economy of Canada, Companies, Economies

TORONTO, March 20, 2020 /PRNewswire/ -- Torque Esports Corp. (TSX-V: GAME) (OTCQB: MLLLF) ("Torque" or the "Company") TORONTO, announces that it has settled and extinguished $900,002.55 of indebtedness (the "Indebtedness") through the issuance of common shares of the Company (the "Common Shares").

Key Points: 
  • TORONTO, March 20, 2020 /PRNewswire/ -- Torque Esports Corp. (TSX-V: GAME) (OTCQB: MLLLF) ("Torque" or the "Company") TORONTO, announces that it has settled and extinguished $900,002.55 of indebtedness (the "Indebtedness") through the issuance of common shares of the Company (the "Common Shares").
  • The Debt Settlement was conditionally approved by the TSX Venture Exchange (the "TSXV") on March 19, 2020.
  • The issuance of the Common Shares to the Creditor is subject to the receipt of final approval of the TSXV.
  • Torque focuses on three areas - esports data provision, esport tournament hosting and esports racing.

BROOKFIELD PROPERTY PARTNERS PROVIDES UPDATE ON COVID-19

Retrieved on: 
Friday, March 20, 2020
Companies, Brookfield Asset Management, Economy of Toronto, Real estate, Brookfield Property Partners, Brookfield, Connecticut, Brookfield, Real estate investment trust, Companies listed on the Toronto Stock Exchange, Brookfield Renewable Partners, Standard & Poor's

BROOKFIELD NEWS, March 20, 2020 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) today provided an update to the investment community regarding the COVID-19 pandemic.

Key Points: 
  • BROOKFIELD NEWS, March 20, 2020 (GLOBE NEWSWIRE) -- Brookfield Property Partners L.P. (NASDAQ: BPY; TSX: BPY.UN) today provided an update to the investment community regarding the COVID-19 pandemic.
  • Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc., is one of the worlds premier commercial real estate companies, with approximately $88 billion in total assets.
  • Brookfield Property Partners L.P. is listed on the Nasdaq Stock Market and the Toronto Stock Exchange.
  • Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management Inc., a leading global alternative asset manager with over $540 billion in assets under management.

CIBC announces support for small business owners

Retrieved on: 
Thursday, March 19, 2020
Canadian Imperial Bank of Commerce, Economy of Toronto, Economy of Canada, Companies, CIBC Wood Gundy

"In these unprecedented times, we understand the financial strain some small business owners are feeling and we're committed to working together with them to provide immediate relief and support."

Key Points: 
  • "In these unprecedented times, we understand the financial strain some small business owners are feeling and we're committed to working together with them to provide immediate relief and support."
  • Small business clients experiencing financial hardship are encouraged to call their advisor or our new specialized contact centre team of small business banking experts at 1-800-609-0086 to discuss their individual situation.
  • In addition, smallbusiness clients can use CIBC Online Banking for Business , CIBC Mobile Banking App , CIBC SmartBanking for Business platforms, and Telephone Banking 24/7.
  • For more information related to the support CIBC is offering during this time, visit the CIBC COVID-19 site .

DISCOVERY PROVIDES UPDATE ON BUSINESS CONTINUITY PLANS IN RESPONSE TO COVID-19

Retrieved on: 
Thursday, March 19, 2020
Economy of Toronto, OTC Markets Group, Toronto Stock Exchange, Discovery, Drilling rig, Economies, Natural gas

TORONTO, March 19, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (Discovery or the Company) announces that it has begun implementing business continuity plans and procedures at its Mexican operations and corporate office in Toronto in response to developing concerns around COVID-19.

Key Points: 
  • TORONTO, March 19, 2020 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (Discovery or the Company) announces that it has begun implementing business continuity plans and procedures at its Mexican operations and corporate office in Toronto in response to developing concerns around COVID-19.
  • In response to ongoing concerns around COVID-19 Discovery has chosen to decelerate exploration activity at the Cordero Project (Cordero) to one drill rig in order to limit the number of employees at site.
  • Additional health and safety protocols have also been implemented and the Company has also restricted international travel to site.
  • Discovery does not assume any obligation to update any forward-looking statements except as required under applicable laws.

AgJunction Launches New Generation 5 High-Torque Mechanical Drive Unit

Retrieved on: 
Thursday, March 19, 2020
Economy of Toronto, Scottsdale, Arizona, Toronto Stock Exchange

SCOTTSDALE, Ariz., March 19, 2020 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) (AgJunction or the Company), announces it will launch its new Generation 5 High-Torque Mechanical Drive Unit, MDU-G5 TORQUE, on March 31, 2020.

Key Points: 
  • SCOTTSDALE, Ariz., March 19, 2020 (GLOBE NEWSWIRE) -- AgJunction Inc. (TSX: AJX) (AgJunction or the Company), announces it will launch its new Generation 5 High-Torque Mechanical Drive Unit, MDU-G5 TORQUE, on March 31, 2020.
  • AgJunction will be offering this new steering system through its indirect sales channel.
  • Although the MDU-G5 TORQUE is not available commercially until March 31, 2020, AgJunction will take pre-orders starting today.
  • AgJunction is headquartered in Scottsdale, Arizona, and is listed on the Toronto Stock Exchange (TSX) under the symbol AJX.

Early Warning Release

Retrieved on: 
Thursday, March 19, 2020
Companies, Economy of Toronto, Brookfield, System for Electronic Document Analysis and Retrieval, TransAlta, Stock exchanges

Prior to giving effect to the Transaction, Brookfield owned or had control over an aggregate of 26,895,708 Common Shares representing approximately 9.7% of the issued and outstanding Common Shares, calculated on an undiluted basis.

Key Points: 
  • Prior to giving effect to the Transaction, Brookfield owned or had control over an aggregate of 26,895,708 Common Shares representing approximately 9.7% of the issued and outstanding Common Shares, calculated on an undiluted basis.
  • In accordance with National Instrument 62-103, an Early Warning Report with additional information in respect of the foregoing matters will be filed in respect of the transaction for Brookfield.
  • A copy of such report may be obtained from the SEDAR profile of TransAlta at www.sedar.com .
  • Brookfield Asset Management is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A respectively.