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Vancouver cannabis company wins lottery for POT stock symbol, stock rises 137% Feb 1st
The chief executive of cannabis company Weekend Unlimited Inc. says winning the POT stock ticker lottery was a 'wonderful surprise' for the small company which is hoping the catchy symbol will help it stand out in the sector..... More »
'Davos in the Desert' summit loses media, business support over missing journalist + MORE Oct 14th
A number of international business leaders and media companies are distancing themselves from Saudi Arabia ahead of an investment summit in the kingdom later this month, stoking pressure on the Gulf kingdom to explain what happened to a dissident writer who disappeared after visiting.... More »
Ellyce Fulmore is putting the personal back into personal finance + MORE Jun 10th
Ellyce Fulmore is putting the “personal” back into “personal finance.” She’s the finfluencer and founder behind Queerd Co., which offers “shame-free finance education that goes beyond the numbers.” Queerd Co. views personal finance through an intersectional lens, meaning that it takes .... More »
University lecturer faces discipline over alleged bad investments that cost clients $324K Jun 15th
A financial adviser who teaches University of Regina business students how to manage investments is being prosecuted by an investment industry watchdog for allegedly mishandling the money of single mothers and retirees..... More »
Loblaw closing 22 stores, launching home delivery ahead of ‘difficult year’ + MORE Nov 15th
VANCOUVER _ Loblaw Companies Ltd. is closing 22 stores and launching home delivery in two major Canadian cities, ahead of what it believes will be a challenging new year.
The grocery and pharmacy giant has finalized a plan that will result in the closure of 22 unprofitable stores across a range of i.... More »
Channel NewsAsiaAustralian mum who killed eight children avoids chargesChannel NewsAsiaRaina Mersane Ina Thaiday, also known as Mersane Warria, was charged with murdering seven of her children and a niece. 2 related media assets (image or videos) available. Click to see the gallery. 04 May 2017 03:40PM (Updated: 04 May 2017 03:44PM ) …and more »
Home Capital’s credit rating slashed again after company delays earnings
– theglobeandmail.com
DBRS lowered its rating on Home Capital to CCC from BB, which is considered ‘very highly speculative grade quality’ and one notch away from likely default
Toronto area home price index rises 31.7 per cent in April
– canadianbusiness.com
New figures released this morning show that Toronto-area home prices continued to soar by double digits in April but the number of sales was down slightly compared with the same month last year.
The Toronto Real Estate Board says the average price in the area rose to $920,791 and its price index rose 31.7 per cent.
That was a slightly slower rate of increase than in March, when TREB’s price index rose 33.2 per cent year-over-year.
The board says there was a dramatic increase in the number of new listings, which rose by 33.6 per cent year-over-year.
But it also found the total number of sales in the Greater Toronto Area in April was down by 3.2 per cent from a year ago.
The post Toronto area home price index rises 31.7 per cent in April appeared first on Canadian Business – Your Source For Business News.
The Toronto Real Estate Board says the average price in the area rose to $920,791 and its price index rose 31.7 per cent.
That was a slightly slower rate of increase than in March, when TREB’s price index rose 33.2 per cent year-over-year.
The board says there was a dramatic increase in the number of new listings, which rose by 33.6 per cent year-over-year.
But it also found the total number of sales in the Greater Toronto Area in April was down by 3.2 per cent from a year ago.
The post Toronto area home price index rises 31.7 per cent in April appeared first on Canadian Business – Your Source For Business News.
‘Fairly big decisions’ are forthcoming for Torstar, new CEO says
– canadianbusiness.com
The new CEO of Torstar said Wednesday “everything is on the table” in his plans to transform the media giant to overcome ongoing declines in print advertising revenue.
Major changes are in store to better determine which consumers the company wants to serve and what assets best address their needs, said John Boynton, who took over as the company’s CEO and publisher of the Toronto Star at the end of March.
“We won’t be rounding at the edges,” Boynton said in an interview after the company’s annual general meeting.
“We’ll be making some fairly big decisions.”
Torstar (TSX:TS.B) will take at least three months to determine its target demographic, Boynton said, stressing the importance of not making any rash decisions.
“These things take time,” he said. “When companies rush them, they make bad decisions they regret.”
The road ahead will involve trial and error, though Torstar’s debt-free status gives it a “huge advantage” compared to its competitors, he added…
Major changes are in store to better determine which consumers the company wants to serve and what assets best address their needs, said John Boynton, who took over as the company’s CEO and publisher of the Toronto Star at the end of March.
“We won’t be rounding at the edges,” Boynton said in an interview after the company’s annual general meeting.
“We’ll be making some fairly big decisions.”
Torstar (TSX:TS.B) will take at least three months to determine its target demographic, Boynton said, stressing the importance of not making any rash decisions.
“These things take time,” he said. “When companies rush them, they make bad decisions they regret.”
The road ahead will involve trial and error, though Torstar’s debt-free status gives it a “huge advantage” compared to its competitors, he added…
This health food company has an insatiable appetite for growth
– theglobeandmail.com
Toronto-based company is attracting more investment interest amid a consumer shift toward healthier eating
