News

COVID causes Canada's economy to contract by 38.7% in Q2, worst sinc...
September 02, 2020 02:26 PM EDT | By Team Kalkine MediaBeaten by the loss of business due to COVID-19, Canada’s real gross domestic product (GDP) saw a record dip at an annualized rate of 38.7 per ce...

Market Update: TSX Index Moves Back to Green Zone
September 01, 2020 11:11 PM EDT | By Team Kalkine MediaS&P/TSX Composite Index, the leading equity gauge of the Toronto Stock Exchange, traded in the green zone on Tuesday. It added 130.55 points or 0....
Amazon’s ‘Prime Air’ Gets Approval For Drone Fleet to Deliver Packag...
September 01, 2020 08:55 PM EDT | By Team Kalkine Media US’ Federal Aviation Administration approved the Amazon’s drone fleet to deliver packages in US. The e-commerce giant has testi...
Canada To Buy 100 Million COVID-19 Vaccine Doses From Novavax And J&...
September 01, 2020 08:54 PM EDT | By Team Kalkine Media Seventy-six million doses of NVX-CoV2373 will be brought from Novavax and 38 million doses of Ad26.COV2.S from Johnson & Johnson, said P...
Warren Buffett's Berkshire Hathaway Bets Big in Japan
September 01, 2020 08:54 PM EDT | By Team Kalkine Media Berkshire Hathaway said it has acquired 5% stakes in five Japanese trading houses – Mitsubishi Corp., Itochu Corp., Marubeni Corp, Mit...
COVID causes British Columbia to run C$ 321-million deficit
September 01, 2020 08:53 PM EDT | By Team Kalkine Media The pandemic caused the province to rack up a massive deficit against a projected surplus of C$ 274 million for 2019-20. The 2020-21 budget...
TSX loses 4.29 points in early Tuesday Trade
September 01, 2020 04:00 PM EDT | By Team Kalkine Media Toronto Stock Exchange reported marginal loss of 4.29 points in Tuesday’s early trade, hitting 16,510 at 9.46 am EDT. Financials and...
Post-COVID Growth Optimism Higher Among Canadian CEOs: Study
August 31, 2020 11:10 PM EDT | By Team Kalkine Media KPMG study finds CEOs of Canada are more hopeful about the post-COVID future than their global counterparts. Total of 40% CEOs as confident...
Global Renewable Energy Investment To Touch $3.40 Trillion by 2030
August 31, 2020 11:06 PM EDT | By Team Kalkine Media Analysis by research firm Frost & Sullivan shows the $2.72 trillion will be invested in wind and solar projects alone in the next decade...

TSX Index Trades Lower For Second Consecutive Day
August 31, 2020 11:00 PM EDT | By Team Kalkine MediaThe benchmark equity index of the Canadian stock market extended losses for the second consecutive day and traded 191.35 points or 1.14% to 16,514.44....
TSX Loses 66.68 Points In Early Trade
August 31, 2020 08:02 PM EDT | By Team Kalkine Media Toronto Stock Exchange reports a marginal loss of 66.68 points in Monday’s early trade, hitting 16,639 at 9.46 am EDT. Financials and...

Does Air Canada Stocks Have A Better Future Than WestJet Airlines?
August 31, 2020 08:00 PM EDT | By Team Kalkine MediaSummary From wide travel restrictions to the deep plunge in demand for air travel, the impact of coronavirus on the travel industry has been unprec...
Canopy Growth Expands To Alberta With 10 Retail Stores
August 31, 2020 07:51 PM EDT | By Team Kalkine Media The pot firm first retail presence in Alberta will be under the Tokyo Smoke and Tweed banners. With this, the overall number of Tokyo Smoke...
CWB Financial Group Latest Quarter Financial Results Out
August 31, 2020 07:51 PM EDT | By Team Kalkine Media CWB Financial Group (TSX: CWB) revenue grew to C$ 226.5 million in its third quarter 2020 (ending July 31), up four per cent year-on-year....

Future of Canadian Housing Market: A Rebound On The Horizon?
August 29, 2020 12:54 PM EDT | By Team Kalkine MediaThe once-resilient housing market of Canada is undergoing a historical recession triggered by the COVID-19 pandemic, social distancing rules and the o...

TSX Index Settles Lower; Suncor Energy, Barrick Gold, Air Canada Mos...
August 28, 2020 11:00 PM EDT | By Team Kalkine MediaThe S&P/TSX Composite Index, the leading equity index of the Toronto Stocks Exchange, ending at 16,705.79 on Friday, down by 25.70 points or 0.15%...

Excessive use of hand sanitisers can be bad for health
August 28, 2020 02:15 PM EDT | By Team Kalkine MediaWe have heard a lot of times that excess of anything is bad and the same holds true for hand sanitisers. Hand sanitiser pumps, stations and wipes are...

Why did TikTok CEO Kevin Mayer Quit?
August 28, 2020 03:57 AM EDT | By Team Kalkine MediaSummary TikTok CEO Kevin Mayer resigned on Wednesday, days after Trump administration ordered parent company ByteDance to sell its US-based assets...

TSX falls 0.35%; Air Canada, Baytex Energy & Suncor Energy most acti...
August 27, 2020 11:00 PM EDT | By Team Kalkine MediaDragged by technology stocks, the S&P/TSX Composite index declined 58.48 points or 0.35% to 16,731.49 on Thursday. The technology index ended 1.18...

5 Rising Stars on TSXV: Facedrive, BQE Water, PyroGenesis, Metalla &...
August 27, 2020 03:10 AM EDT | By Team Kalkine Media(Image credit: Pixabay) Summary The TSXV index has gained 23.67 per cent this year, higher than the TSX index that declined by 2.61 per cent in...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024