News

Total SE to halt production in Paris oil refinery, replace with rene...

The French energy giant will stop oil production in the Grandpuits facility near Paris. The company will spend over US$ 582 million by 2024 to replac...

TMX Group to acquire Canada-based AST Trust Company

TMX Group Limited (TSX:X) will acquire transfer agency AST Investor Services Inc and its subsidiary AST Trust Company for C$ 165 million, including C$...

WeedMD signs term sheet for $30 million-credit facility with LiUNA P...

The $30 million credit facility will mature in August 2022, said WeedMD Inc (TSX-V:WMD). It will be used to fund capital expenses, corporate requirem...

Technology & Utilities Push TSX Composite Higher

S&P/TSX Composite, the broad Canadian equity Index, settled higher for the second consecutive day (September 25), bagging ~153 points or 0.96% to...

Why are Just Energy (TSX:JE) and Sunworks (SUNW:US) Stocks Trending...

Just Energy Group (TSX:JE) emerged as the biggest market mover on the Toronto Stock Exchange in volume parameters on Thursday. The stocks jumped over...

How much does YouTube pay the Creators?

YouTube started as an online video service, serving for the sole purpose of fun. It was exciting to wait for music videos to come out, probably withou...

What Are PM Trudeau’s Plans For Canadian Economy Amid Looming Second...

Last month, Prime Minister Justin Trudeau had suspended the Parliament with the promise of returning with an ambitious legislative plan to battle the...

Bombardier and Blackberry: 2 Trending Stocks on TSX under C$7

The coronavirus pandemic-led market crash has upended the stock markets. Nearly seven months after the pandemic struck, companies are still trying to...

Materials and Real Estate Sectors Pull TSX Composite Higher

The broader equity index of the Canadian market, TSX Composite, offset some of the losses it accumulated in Thursday’s (September 24) trading se...

EW Scripps to acquire ION Media in US$ 2.65 billion-deal backed by W...

  Media group EW Scripps will buy ION Media in US$ 2.65 billion-deal backed by Warren Buffett’s Berkshire Hathaway Inc. As per reports,...

Canada July payroll figures out, average weekly earnings at $1,118.4...

  The July average weekly earnings went up eight per cent in 12 months to $1,118.40. Total employees getting pay or other benefits from their...

Auto Parts Manufacturer Hematite Holdings Inc Seeks Bankruptcy Prote...

  The Canada-based auto-parts manufacturer sought bankruptcy protection in both US and Canada. Hematite’s business was impacted by the...

Horizons ETFs announces quarterly dividend for some ETFs

  The dividends will be paid in cash or dividend reinvestment plan (reinvesting in additional units of the applicable ETF) on October 13, 2020...

Vecima Networks reports Q4 2020 results

  Vecima (TSX: VCM) posted revenue of C$ 26.1 million in Q4, up from C$ 20.7 million same quarter last year. Net loss narrowed to C$ 1 millio...

COVID-19 vaccine Race: Johnson & Johnson Initiates Global Phase 3 Cl...

The COVID-19 vaccine prospects have intensified with Johnson & Johnson (NYSE:JNJ) disclosing the commencement of its Phase 3 clinical trial (ENSEM...

Escalating US-China Spat: No End in Sight

At the time when the entire world is collectively fighting the battle against the Global Virus Crisis, the world’s two largest economies are bus...

Fortis CEO Barry Perry to retire, David Hutchens named successor

Mr Perry will retire from Fortis and its Board on 31 December 2020. In his 20-year-stint at the organisation, Mr Perry served as President, Vice Pres...

Canadian natural resources real GDP falls 10.8% in second quarter

This is the fourth consecutive quarterly decline, said Statistics Canada. Real GDP of minerals and mining subsector declined 14.2%, forestry dropped...

‘Rogue’ Shopify employees steal 100+ merchants’ data

The two ‘rogue’ employees worked with the Shopify support team. The incident has exposed data of consumers shopping on Shopify platform w...

Aurora Cannabis revenue drops in fourth fiscal quarter 2020

  Aurora Cannabis Inc (TSX: ACB) net revenue for fourth quarter of fiscal 2020 (ended June 30, 2020) C$ 72.1 million, down five per cent from...