Canada stocks reach record as energy, tech add to pot rally

Canadian stocks jumped to a record, driven by a resurgent energy sector and a rally in volatile cannabis shares. The benchmark S&P/TSX Composite Index rose above the intraday high of 16,586.46 reached on July 13, and was up 0.1 per cent at 10:36 a.m. The index has gained 16 per cent this year, joining a global market rally after its best first More...

by SLPundit | Published 3 days ago
By SLPundit On Thursday, April 18th, 2019
0 Comments

Rogers starts 2019 with slow Q1 wireless market; CEO expects pace to pick up

TORONTO – Rogers Communications Inc. and the wireless industry experienced an unusually slow first quarter, but the company is on track to meet its full-year estimates, chief executive Joe Natale said Thursday More...

By SLPundit On Thursday, April 18th, 2019
0 Comments

Canopy Growth signs US$3.4B deal to buy U.S. company Acreage Holdings

SMITHS FALLS, Ont. – Canopy Growth Corp. has signed an agreement to buy U.S. company Acreage Holdings Inc. in a deal valued at US$ 3.4 billion if cannabis becomes federally legal in the United States. Under More...

By SLPundit On Thursday, April 18th, 2019
0 Comments

TransAlta says Mangrove Partners has dropped application for regulatory hearing

CALGARY – TransAlta Corp. says Mangrove Partners has withdrawn an application to the Alberta Securities Commission for a hearing related to an investment deal with Brookfield Renewable Partners. Mangrove More...

By SLPundit On Wednesday, April 17th, 2019
0 Comments

The subtle ways that discrimination works

PREGNANT WOMEN have limited mobility. That is obvious to anyone who has had a baby, but didn’t occur to the founders of Google when they designed their car park. When Sheryl Sandberg, then head of online sales, More...

By SLPundit On Wednesday, April 17th, 2019
0 Comments

Kenney’s premiership to pose challenges, opportunities for Trudeau

OTTAWA – Jason Kenney’s newly secured perch as premier of Alberta poses both a threat and a potential boon to Prime Minister Justin Trudeau’s re-election chances this fall, political observers said Wednesday More...

By SLPundit On Wednesday, April 17th, 2019
0 Comments

Kenney talks pipelines with Trudeau after election win, calls it cordial

EDMONTON – Jason Kenney, Alberta’s incoming premier, said he cordially talked pipelines Wednesday with Prime Minister Justin Trudeau — Kenney’s political nemesis and his election campaign pinata — More...

By SLPundit On Wednesday, April 17th, 2019
0 Comments

Canopy Growth nears deal to acquire Acreage Holdings

Canopy Growth Corp. is nearing a deal to buy Acreage Holdings Inc. in what would be the first major cross-border cannabis merger, according to people familiar with the matter. The purchase could be announced as More...

By SLPundit On Wednesday, April 17th, 2019
0 Comments

Saudi Aramco looks downstream, and East

IN MOST WESTERN eyes Saudi Aramco inspires either awe or disdain. Financiers are in the first camp. They gobbled up the state-owned behemoth’s first-ever global bonds last week, gasped at its $ 111bn annual More...

By SLPundit On Wednesday, April 17th, 2019
0 Comments

Kinder Morgan options for Canadian branch delayed due to ‘complexity’

CALGARY – Kinder Morgan Canada Ltd. says it is continuing to evaluate its strategic options and hopes to announce its next steps in coming weeks. The company was spun off from its American parent in mid-2017 More...