News

WeedMD (TSXV: WMD) Reports 8% QoQ Net Revenue Growth In Q3 2020

  WeedMD Inc posted net sales of C$ 6.3 million in the third quarter ending 30 September 2020, down from C$ 6.7 million in Q3 2019. The compa...

Canada’s GDP Grew 8.9% In Q3 2020: What It Means For Economy?

  Canada’s real gross domestic product (GDP) increased by about 8.9 per cent in the third quarter of 2020, reported Statistics Canada. Thi...

Where Does Canada Stand In The Global Queue For COVID-19 Vaccines?

With the Pfizer-BioNTech COVID-19 vaccine getting approval in the United Kingdom and the Moderna jab awaiting greenlight in the United States, one may...

Canada’s New Spending Plan & C$381B Budget Deficit: How Did It Impac...

The Canadian government published the much-awaited Fall Economic Statement on Monday, November 30, updating its spending plans and COVID-related emerg...

This is how Travis Scott is making his millions

Most people would probably know Travis Scott as a hugely successful rapper, songwriter, record label owner, and last but not the least, Kylie Jenner's...

UK First Nation To Approve Pfizer-BioNTech COVID-19 Vaccine, Roll Ou...

In a major development, the United Kingdom on Wednesday became the first nation to approve the Pfizer-BioNTech vaccination for public use. The COVID-1...

BHP inks deal with Shell to power LNG carriers

As a pledge to reduce carbon emission, BHP (ASX:BHP), a global resource company with dual listing in the UK and Australia, has signed an agreement wit...

Ether up 4x this year, all eyes on Ethereum 2.0

While the most popular cryptocurrency bitcoin is soaring high nowadays, Ether, the world's second-biggest virtual currency by market value, is followi...

2020’s Much-awaited Airbnb IPO Set to Launch In December!

The famous home rental startup Airbnb Inc said on Tuesday that it intends to price its shares at USD 44 to USD 50 per share in its IPO, for a valuatio...

Salesforce To Acquire Slack Technologies, Signs Definitive Agreement

One of the most-awaited tech deals of the year is finally through. Salesforce.com (NYSE:CRM) has acquired communications platform Slack Technologies,...

OPEC+ Delays Production Cut Decision, November Rally Halts

The crude oil market finally hits a limbo with prices of Brent futures struggling around USD 50 mark to trade in a range from USD 49.00 per barrel to...

S&P/TSX Composite Closes 106 Points Higher, Basic Materials & Financ...

The S&P/TSX Composite Index added 106.68 points or 0.62% to 17,296.93 on Tuesday. The benchmark index of the Toronto Stock Exchange was down appro...

Bank of Nova Scotia’s (TSX: BNS) Net Income Down YoY In Q4 FY20

  Scotiabank registered a net income of C$ 6,853 million for the fiscal year of 2020, down from the net income of C$ 8,798 million in the fisc...

BMO Financial Group’s (TSX: BMO) Net Income Surges 33% YoY In Latest...

  BMO Group reported a net income of C$ 1,584 million in the fourth quarter of fiscal 2020, an increase of 33 per cent year-over-year (YoY)....

Canada Plans To Levy Sales Tax On Foreign Tech Firms Like Amazon, Ne...

  In the recently released Fall Economic Statement, Finance Minister Chrystia Freeland proposed that foreign companies that conduct online bus...

Auxly Cannabis Group Inc’s (TSXV: XLY) Q3 2020 Net Revenue Surges 85...

  Auxly Cannabis Group Inc’s total net revenue stood at C$ 13.4 million in third quarter of 2020, which included cannabis net revenue of...

Jade Power Trust (TSXV: JPWR.UN) Posts 21% YoY Revenue Growth in Q3...

  Jade Power Trust posted a revenue of C$ 4.8 million in the third quarter of 2020, up from C$ 4 million in Q3 2019. Its adjusted EBITDA grew...

Canada To Implement Digital Tax From 2022: What All You Need To Know...

  Canada will enforce a tax on all digital service providers in the country from January 1, 2022. The amount raised by this digital taxation wil...

Canadian Markets: Why Are Stocks Down Today?

Stock markets tumbled on Monday following the C$ 381.6-billion budget deficit projected by the finance department for the fiscal year 2020-21. Toronto...

Bitcoin At an All-Time High Outperforming All Asset Classes, Why are...

Bitcoin prices finally climbed to a record high, taking less than three years to scale the previous all-time high the previous high seen in December 2...