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 Fortis CEO Barry Perry to retire, David Hutchens named successor

Fortis CEO Barry Perry to retire, David Hutchens named successor

September 24, 2020 02:10 AM AEST| By Team Kalkine Media

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 President, Finance and Chief Financial Officer. Mr Hutchens was appointed Chief Operating Officer o.....

 Canadian natural resources real GDP falls 10.8% in second quarter

Canadian natural resources real GDP falls 10.8% in second quarter

September 24, 2020 02:08 AM AEST| By Team Kalkine Media

This is the fourth consecutive quarterly decline, said Statistics Canada. Real GDP of minerals and mining subsector declined 14.2%, forestry dropped 10.1%, and hunting, fishing and water down 7.0%. The Q2 decline is the steepest quarter decrease .....

 ‘Rogue’ Shopify employees steal 100+ merchants’ data

‘Rogue’ Shopify employees steal 100+ merchants’ data

September 24, 2020 02:02 AM AEST| By Team Kalkine Media

The two ‘rogue’ employees worked with the Shopify support team. The incident has exposed data of consumers shopping on Shopify platform web stores, including card numbers etc. The e-commerce giant’s shares slipped over one per c.....

 Aurora Cannabis revenue drops in fourth fiscal quarter 2020

Aurora Cannabis revenue drops in fourth fiscal quarter 2020

September 24, 2020 02:00 AM AEST| By Team Kalkine Media

  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 the prior quarter. Cannabis net revenue C$ 67.5 million in Q4 2020, down three per cent Q-o-Q. Med...

 Just one in three Canadian SMBs back to pre-pandemic sales level

Just one in three Canadian SMBs back to pre-pandemic sales level

September 24, 2020 12:04 AM AEST| By Team Kalkine Media

About 29 per cent small- and medium-sized businesses (SMBs) are back to “normal or better” sales in September, says the Canadian Federation of Independent Business. Over 2/3rd haven’t returned to full sales in last six months. A.....

 What made NASDAQ and Apple Share Price turn the corner?

What made NASDAQ and Apple Share Price turn the corner?

September 23, 2020 10:50 PM AEST| By Team Kalkine Media

With the outbreak of COVID-19, the performance of the stocks, globally gave an impression of being knocked with a hammer. March was one of the historic months that experienced tumbling down of financial market. In the COVID-19 pandemic era, techno.....

 Will the acceptance of bitcoin grow due to the pandemic?

Will the acceptance of bitcoin grow due to the pandemic?

September 23, 2020 06:51 PM AEST| By Team Kalkine Media

As global banks suffered a massive plunge due to the coronavirus pandemic, digital assets have been categorised as attractive, as they are immune to the current business affairs. ALSO READ: Cryptocurrency Trading on the Rise, Bitcoin Again Crosses.....

 TSX Gains 1.01% After Four Days of Losses

TSX Gains 1.01% After Four Days of Losses

September 23, 2020 01:00 PM AEST| By Team Kalkine Media

After four straight days of losses, key Canadian equity gauge TSX Composite rose 1.01% to 16,142.89. A total of 152 stocks rose and 67 fell as a 2.3-to-1 ratio favoured advancers. Despite a reversal on the daily price chart, the index ended below it...

 Suncor Energy (TSX:SU) and Enbridge (TSX:ENB): 2 Trending Energy Stocks

Suncor Energy (TSX:SU) and Enbridge (TSX:ENB): 2 Trending Energy Stocks

September 23, 2020 10:59 AM AEST| By Team Kalkine Media

Summary The global oil and gas industry took a big hit due to the commodity price crisis and pandemic crisis this year. Stocks of energy companies such as Suncor Energy (TSX: SU) and Enbridge (TSX: ENB) remain popular among investors. Suncor s.....

 Stock Market Crash 2.0: Where to Safely Park Your Investments?

Stock Market Crash 2.0: Where to Safely Park Your Investments?

September 23, 2020 10:50 AM AEST| By Team Kalkine Media

Summary Canada’s economic recession along with recent uncertainty in global equity markets has created fears of another stock market crash. Most industries suffered in the COVID-led March market crash, but tech and gold stocks escaped uns.....

 One in four clients of top credit card firms defaulted on monthly payments this spring

One in four clients of top credit card firms defaulted on monthly payments this spring

September 23, 2020 08:25 AM AEST| By Team Kalkine Media

  Over 6700 credit cardholders, whose income was affected by the pandemic, were unsatisfied with their companies. The survey was conducted in May-June. Customers reportedly unhappy with online help and call centre service, with wait times h...

 Pot firm Lift & Co. files for bankruptcy

Pot firm Lift & Co. files for bankruptcy

September 23, 2020 08:24 AM AEST| By Team Kalkine Media

  The Cannabis tech and expo events firm (TSX-V: LIFT) has failed to offload its assets. The Toronto-based company is the brain behind the ‘Canadian Cannabis Awards’. All of directors and officers have resigned. No details have...

 Investment in building construction up 1.8% to $15.1 billion in July

Investment in building construction up 1.8% to $15.1 billion in July

September 23, 2020 08:23 AM AEST| By Team Kalkine Media

  In residential sector, investments increased 4.9% to $9.9 billion, which includes both single-unit and multi-unit properties. Non-residential construction investment down 3.7% to $5.3 billion. Ontario and Quebec topped investments in resi...

 Russ Girling, CEO of TC Energy, set to retire in 2020

Russ Girling, CEO of TC Energy, set to retire in 2020

September 23, 2020 08:23 AM AEST| By Team Kalkine Media

  Mr Girling spent 10 years as president and CEO of the Calgary-based energy company (TSX: TRP). He will retire and give up his seat on the board of directors before the completion of the controversial Keystone XL pipeline project. Current...

 PM Trudeau to unveil 3-pronged economic recovery plan for Canada

PM Trudeau to unveil 3-pronged economic recovery plan for Canada

September 23, 2020 08:23 AM AEST| By Team Kalkine Media

  The three pillars of the new plan are expected to be: health care, financial support for Canadians, and economic revival. New budget targets will be established by Finance Minister Chrystia Freeland, said media reports. Canada is staring...

 How are AUD and Yuan Faring Against the Greenback?

How are AUD and Yuan Faring Against the Greenback?

September 22, 2020 03:03 PM AEST| By Team Kalkine Media

While the COVID-19 pandemic initially spurred a rally in the US dollar amidst heightening worries over the virus crisis, the greenback seems to be on the brink of ending its long-run bull cycle. The US Dollar index (DXY), which traces the America.....

 What are the biggest trends in digital marketing and e-commerce?

What are the biggest trends in digital marketing and e-commerce?

September 22, 2020 02:41 PM AEST| By Edita Ivancevic

In an era where technology has surrounded us in all places, competition is on the constant rise. It is not easy to maintain a digital business if certain trends are not being followed, especially if digital experts are not aiming for the developmen.....

 The TikTok saga finally comes to an end, all that you need to know 

The TikTok saga finally comes to an end, all that you need to know 

September 22, 2020 02:13 PM AEST| By Team Kalkine Media

For the past few months, TikTok has been in the news for facing a ban from the United States over national security concerns. Now that the TikTok saga is finally coming to an end, ByteDance, the company who owns TikTok said that they would not tran.....

 Newmont Sells 11 Royalty Portfolio to Maverix for $90 Million

Newmont Sells 11 Royalty Portfolio to Maverix for $90 Million

September 22, 2020 01:09 PM AEST| By Team Kalkine Media

  The leading gold company (TSX: NGT) has entered an agreement with Maverix Metals Inc. (TSX: MMX) to sell a portfolio of eleven royalties. Newmont will get $90 million from Maverix, including $15 million in cash, 12 million Maverix common s...

 Scotiabank Introduces Advice+ Financial Plan Service

Scotiabank Introduces Advice+ Financial Plan Service

September 22, 2020 01:09 PM AEST| By Team Kalkine Media

  The lender (TSX: BNS) aims to help Canadians navigate their financial plans during Covid-19 with Advice+. The service offers self-serve ScotiaAdvice Centre online and personalized Advice+ financial plan. Over 51 per cent Canadians have sh...

Canadian AI All-Stars: Unveiling the Top Stocks for 2025

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