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Aphria (TSX: APHA) Wins 2020 Kind Awards
December 14, 2020 12:28 PM EST| By Team Kalkine MediaThe pot company won six awards at the by the 2020 kind Awards, including four for adult-use brands by the 2020 kind Awards. The awards were presented by kind Magazine last week, on December 10, 2020. Aphria’s adult-use winning pot b...
Canada Gets First Consignment Of Pfizer-BioNTech COVID-19 Vaccines
December 14, 2020 11:09 AM EST| By Kunal SawhneySummary Canada received its first shipments of the Pfizer-BioNTech COVID-19 vaccines Montreal late in the night on Sunday, December 13. The Pfizer-BioNTech vaccines batch would be on their way to 14 distribution sites across the country. .....
CounterPath Corporation (TSX:PATH) Reports 34% YoY Revenue Growth In Q2 FY2021
December 14, 2020 11:07 AM EST| By Team Kalkine MediaCounterPath Corporation saw its revenue climb 34 per cent year-over-year (YoY) from US$ 2.7 million in Q2 FY2020 to US$ 3.6 million in the second quarter of fiscal 2021. The Canadian software service provider reported a 53 per cent YoY sur...
HEXO Corp (TSX: HEXO) Records Highest Gross Revenue In History, Up 114% YoY in Q1 FY2021
December 14, 2020 11:07 AM EST| By Team Kalkine MediaCanadian pot company HEXO Corp saw its gross revenue shoot up to a record high of C$ 41.3 million in the first quarter of the fiscal year of 2021. HEXO Corp’s net revenue, amounting to a total of C$ 29.5 million, climbed about nine p...
5 Renewable Energy Stocks To Remember From 2020
December 14, 2020 10:02 AM EST| By Hina ChowdharySummary The S&P Global Clean Energy Index climbed over 100 per cent this year and nearly 28 per cent quarter-to-date. The trending stocks of renewable energy company Northland Power Inc are up over 62 per cent this year. Xebec Adsorption s.....
5 Top Cannabis Stocks In 2020
December 14, 2020 08:06 AM EST| By Hina ChowdharySummary Cannabis stocks noted a growth in trading activities in the wake the advancement in the COVID-19 vaccine trials and Democrat Joe Biden’s presidential victory in the US. Aphria Inc stocks climbed over 50 per cent year-to-date and n.....
Top 10 Consumer Stocks Of 2020
December 14, 2020 07:15 AM EST| By Kunal SawhneySummary A consumer-packaged meats company stocks are up 9 per cent in 2020, and it pays a quarterly C$ 0.16 per stock. A premium food producer stock has surged almost 14 per cent up YTD. It delivers earnings per share of C$ 2 per share. The th.....
Global Economy to regain speed on a Bumpy Road to recovery
December 14, 2020 04:27 AM EST| By Team Kalkine MediaThe global economy has shown its remarkable resilience as it gradually progressed through the COVID-19 pandemic. Though prospects for a way out of the crisis have risen, some countries are still battling the rising number of virus cases by re-impo.....
What is Facebook’s Diem and will it ever see the light of day?
December 14, 2020 03:31 AM EST| By Edita Ivancevicis still unknown, and some professionals think Diem may never become a real thing. What was once known as Libra has changed its name to Diem. It is a digital cryptocurrency accessible via American social media conglomerate corporation Facebook....
Tech firm OpenText Donates $1 Million to Food Banks During Holiday Season
December 13, 2020 12:29 AM EST| By Team Kalkine MediaThe donation will fight food insecurity and provide up to 4 million meals to families and individuals across 21 countries. The donation, a part of its CSR drive, will be made via OpenText Voyager Fund. Two million households face food ins...
Why Is Canada Hiking National Carbon Tax?
December 13, 2020 12:23 AM EST| By Kunal SawhneySummary Prime Minister Justin Trudeau plans to increase carbon price to C$ 170 per metric ton by the year 2030. Oil and gas-producing provinces like Alberta are challenging the spike in carbon tax in courts. Officials at Environment Minister J.....
Royal Bank of Canada, Bank of Montreal & Telus: 3 TSX Bluechip Stocks
December 13, 2020 12:22 AM EST| By Kunal SawhneySummary Royal Bank of Canada has been paying dividends to its shareholders since 1870. Having begun the process in 1829, Bank of Montreal currently pays a quarterly dividend of C$ 1.06. TELUS will be paying a quarterly dividend of C$ 0.311 on .....
Canada’s Gen X & Millennials Have Highest Debt-To-Income Ratio
December 12, 2020 10:39 AM EST| By Team Kalkine MediaThe COVID-19 pandemic poses a greater threat to the economic well-being of younger households, particularly those with income earners in the millennial age group, than any other in Canada, pointed a study published on Saturday, December 12. The st.....
Wall Financial (TSX:WFC) Releases Financial Statements For Latest Quater
December 12, 2020 10:27 AM EST| By Team Kalkine MediaThe real estate company’s total revenue and other income went down to $20.33 million in Q3 Fiscal 2021 from $52.6 million a year ago. Net loss was $0.11 million in latest quarter, down from a net profit of $11 million. This loss is...
Great Canadian Gaming (TSX:GC) Suspends Operations in Ontario’s Elements Casino Grand
December 12, 2020 10:27 AM EST| By Team Kalkine MediaThe diversified gaming and entertainment firm shutdown operations following Ontario provincial government’s lockdown restrictions. Just of seven of Great Canadian Gaming’s 26 properties are currently open across Canada. The st...
Gatekeeper Systems (TSXV:GSI) Report Q4 2020 Results
December 12, 2020 10:26 AM EST| By Team Kalkine MediaThe video and data solution company’s revenue was C$20.31 million for the fiscal year ending August 31, 2020, up 48% YoY. GSI’s revenue for the fourth quarter stood at $7.7 million, up 58% YoY. Gross profit went up by 37% YoY...
Transat AT (TSX:TRZ) Revenue Drops 96% YoY
December 12, 2020 10:25 AM EST| By Team Kalkine MediaThe Montreal-based tour operator’s revenues plunged by $238.1M in Q4 2020. The adjusted loss stood at $156.4 million as compared to adjusted profit of $30.1 million a year ago. The travel company’s operations have been impacte...
Canada’s IPI Index Down in November 2020
December 12, 2020 10:24 AM EST| By Team Kalkine MediaThe flash estimates of November by Statistics Canada show that the Industrial Product Price Index (IPPI) declined by 0.6% on a month-over-month basis. The decrease was led by reduction in prices for lumber and wood products, motorized and...
Crude Surges on Vaccine Optimism and Sharp Build in U.S. Weekly Net imports
December 12, 2020 08:09 AM EST| By Kunal SawhneyCrude oil prices are showing strong momentum with the price of Brent crude oil futures crossing the USD 50 per barrel mark. Brent crude oil futures started the day’s session 0.05 per cent up on Friday after witnessing an intraday move o...
UK Moves Step Closer to First Nuclear Fusion Power plant
December 12, 2020 08:04 AM EST| By Kunal SawhneyThe UK government has started the hunt for a 100-hectare site for its upcoming nuclear fusion-based power plant. Called as Spherical Tokamak for Energy Production (STEP), it is expected to cost around £2 billion. Production is anticipated to .....
