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News
The Green Organic Dutchman Holdings Ltd (TSX: TGOD ) Files For Shelf Prospectus Of C$ 50 Million
December 01, 2020 04:08 AM AEDT| By Team Kalkine MediaThe Canadian organic cannabis producer recently announced that it submitted a final short form base shelf prospectus with securities regulatory agencies across the country. The Green Organic Dutchman Holdings Ltd said that the shel...
Aphria Inc (TSX: APHA) Completes Acquisition Of SweetWater Brewary
December 01, 2020 04:07 AM AEDT| By Team Kalkine MediaCanadian cannabis producer Aprhia Inc recently announced that it has completed the acquisition of SweetWater Brewing Company, a US-based craft brewer. As a part of this transaction, SweetWater stakeholders got US$ 250 million in cas...
Southern Energy Corp (TSXV: SOU) Posts 51% QoQ Surge In Adjusted Funds Flow In Q3 2020
December 01, 2020 04:06 AM AEDT| By Team Kalkine MediaThe energy company reported adjusted funds flow of C$ 1.1 million from its operations in the third quarter of 2020. Southern Energy Corp also saw a 12 per cent quarter-over-quarter (QoQ) surge in its energy production. The company managed...
PharmaCielo Ltd (TSXV: PCLO) Posts Lowered Revenue In Q3 2020
December 01, 2020 04:06 AM AEDT| By Team Kalkine MediaThe Canada-based cannabis firm reported a revenue of C$ 25,913 in the third quarter ending September 30, 2020, a steep drop from that of C$ 1.23 million in Q2 2020. PharmaCielo Ltd said that it completed the construction of the Proce...
Canada Govt To Announce COVID-19 Stimulus Package On November 30
December 01, 2020 04:05 AM AEDT| By Team Kalkine MediaWhile revealing its new expenditure plans on November 30, the Canadian government will also inform the public about the expenses of its emergency COVID-19 aid measures. Named the ‘Fall Economic Statement’, this will be the firs...
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Cyber Monday 2020: What Deals To Look Forward To In Canada?
November 30, 2020 06:02 PM AEDT| By Team Kalkine MediaSummary Many provinces across Canada are currently under lockdown again due to the rise in Covid-19 infections, so merchandises are planning their Cyber Monday sales events keeping that in mind. Most of the Cyber Monday deals have been made ava.....
How has COVID-19 steered our mode of travel?
November 30, 2020 01:38 PM AEDT| By Team Kalkine MediaThe Covid-19 pandemic that took the world in its grip, undoubtedly made people adapt to living which perhaps no one would have heard of or dreamed of. However, by now, we all are familiar with the concept of social distancing, regular hand sanitisi.....
Acceleware Ltd (TSXV: AXE) Reports Lowered Revenue, Increased G&A Costs in Q3 2020
November 29, 2020 04:55 PM AEDT| By Team Kalkine MediaClean Tech company Acceleware Ltd recorded a revenue of about C$ 0.1 million in the third quarter of 2020, down from C$ 0.2 million Q3 2019. Its total comprehensive loss stood at C$ 0.5 million in Q3 2020, in line with that of Q3 2019. Th...
Financial Planning For Older Employees In The Midst Of COVID-19
November 29, 2020 04:43 PM AEDT| By Team Kalkine MediaSummary Over 5.5 million Canadian workers were impacted by the pandemic. COVID-19 has ruined the financial plans of many recent retirees and those who plan to retire soon. One needs to take stock of the current situation and avoid dipping into.....
Will RCEP bring a thaw in Australia-China trade relations?
November 29, 2020 12:01 AM AEDT| By Kunal Sawhney&n.....
Canadian Spirit Resources Inc (TSXV:SPI) Posts Increased Comprehensive Loss in Latest Financial Report
November 28, 2020 11:39 PM AEDT| By Team Kalkine MediaNatural resources company Canadian Spirit Resources’ loss and comprehensive loss for the nine months ending 30 September 2020 amounted to C$ 1.6 million. Its working capital amounted to C$ 0.65 million by the end of September 2020, a...
Air Canada To Expand Its Cargo Business
November 28, 2020 11:39 PM AEDT| By Team Kalkine MediaAir Canada announced on Friday, November 27, that it is planning to convert many of its retired Boeing 767 aircraft to carry cargo shipment. The airline had appointed a vice president, Jason Berry, to oversee its freight division. Air Can...
Government Spent C$ 798.5 Bn In 2019, Mostly On Social Protection, Health, & Education: StatCan
November 28, 2020 11:38 PM AEDT| By Team Kalkine MediaAbout 61 per cent the Canadian government’s spending in 2019 was dedicated to social protection, health care and education expenses. Health care expenses surged by 2.9 per cent to C$186.5 billion, representing 23.4 per cent of the to...
Boardwalktech Software’s (TSXV: BWLK) Adjusted EBITDA Improved YoY In Q2 FY21
November 28, 2020 11:38 PM AEDT| By Team Kalkine MediaThe software company registered revenues of US$ 1.1 million for Q2 FY21, as compared to US$ 1.2 million in Q2 FY20. Its adjusted EBITDA loss was US$ 0.4 million in the latest quarter, a recovery of 37 per cent from a loss of $ 0.6 million...
JEMTECH Inc (TSXV: JTC) Posts Revenue Surge Of 2% In Latest Financial Report
November 28, 2020 11:37 PM AEDT| By Team Kalkine MediaThe tech hardware company posted revenues of $2.3 million in the year ending July 31, 2020. JEMTECH Inc held cash and cash equivalents of about $2 million and operating capital of $1.9 million as of the end of July 2020. Its stock price j...
S&P/TSX Composite continue to march northward for the seventh straight day
November 28, 2020 08:16 PM AEDT| By Team Kalkine MediaS&P/TSX Composite registered seventh consecutive days of positive close and settled 0.26% or 45 points higher to 17,396.56. This is the longest positive close in 2020. Also, the index continues to trade in the bullish zone, with closing well abov...
How Is BoC's Bond Buying Program Helping the Economy?
November 28, 2020 06:07 PM AEDT| By Team Kalkine MediaBuying bonds from the government is helping Bank of Canada maintain a low borrowing cost in the country, Bank of Canada Governor Tiff Macklem said at a recent event. Mr Macklem, in a statement before the House of Commons’ finance standing co.....
Bitcoin standing tall amid the gloomy Pandemic Period
November 28, 2020 03:15 PM AEDT| By Hina ChowdharyThe most popular cryptocurrency, bitcoin is now a days creating a lot of buzz in the investor community thanks to the recent rally. The pandemic year 2020 has mostly been positive for digital payment systems, including the bitcoin. If we s.....
Indiva Limited (TSXV: NDVA) Net Revenue Zoomed By 1500% YoY In Q3 2020
November 28, 2020 03:11 AM AEDT| By Team Kalkine MediaThe junior pot company reported net revenue of C$3.03 million in Q3 2020, a surge of 19 per cent quarter-over-quarter (QoQ). Indiva Limited’s net revenue from edible products was C$ 2.18 million in Q3 2020, an increase of 42 per cent...
Northern Vertex Mining (TSX:NEE) Reports Record Revenue, Surge In Gold Production In Q1 FY21
November 28, 2020 03:10 AM AEDT| By Team Kalkine MediaThe gold company reported a record production of 14,673 gold equivalent ounces in the first quarter of fiscal 2021. Northern Vertex Mining registered a record revenue and adjusted EBITDA, of US$ 26.8 million and US$ 13.5 million in Q1 FY21...
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