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Private equity firm Catalyst Capital calls for changes to Corus-Shaw deal + MORE Feb 26th
TORONTO – Catalyst Capital Group Inc. is calling on Corus Entertainment Inc. (TSX:CJR.B) to renegotiate its $2.65-billion deal for Shaw Media Inc., arguing that it is overpaying for the assets.
The private equity firm, a minority shareholder in Corus, wants a March 9 vote on the deal to be pos.... More »
BlackBerry shares surge on acquisition prediction + MORE Jun 1st
BlackBerry Ltd. shares surged nearly 11 per cent on the Toronto Stock Exchange on Thursday after a research report identified the company as a likely target for an acquisition..... More »
Prince Albert starts billing Husky for costs of oil pipeline spill in river + MORE Aug 11th
PRINCE ALBERT, Alta. – The City of Prince Albert has starting billing Husky Energy for the cost of dealing with the effects of the company’s oil pipeline spill.
The city says it has spent “millions of dollars” in the three weeks since the pipeline leaked up 250,000 litres of .... More »
Finding the right balance of stocks and fixed income is the key to your investment survival + MORE Sep 14th
A stay-the-course investing resolve is not enough, writes investment expert David Aston. You also need to ensure you have sufficient ability to take on risk,.... More »
Why the Haitians Should Stay + MORE Dec 27th
These longstanding residents are valuable assets to the U.S..... More »
OTTAWA – Cities are going to need federal and provincial financial support very soon if they are to house 25,000 refugees over the next few months, says the mayor of Canada’s capital city.
Ottawa can accommodate between 800 and 2,000 refugees, or 350 to 450 families, says Jim Watson.
But rental accommodation — likely at market rates — is going to be expensive, he said Thursday, and other levels of government will have to provide cash to pay for the housing as the refugees arrive, probably within the next two weeks.
“We’re going to need some financial resources because most of the refugees will, in fact, be going into private apartments, which are at market rent,” Watson said outside the British High Commission on Thursday after helping to launch the local Salvation Army’s Christmas charity drive.
Watson said he stressed the need for cash in speaking Wednesday with Ontario’s municipal affairs and housing minister, Ted McMeekin, and got a positive response…
Ottawa can accommodate between 800 and 2,000 refugees, or 350 to 450 families, says Jim Watson.
But rental accommodation — likely at market rates — is going to be expensive, he said Thursday, and other levels of government will have to provide cash to pay for the housing as the refugees arrive, probably within the next two weeks.
“We’re going to need some financial resources because most of the refugees will, in fact, be going into private apartments, which are at market rent,” Watson said outside the British High Commission on Thursday after helping to launch the local Salvation Army’s Christmas charity drive.
Watson said he stressed the need for cash in speaking Wednesday with Ontario’s municipal affairs and housing minister, Ted McMeekin, and got a positive response…
Courier delivery model could speed up recreational access to marijuana: CEO
– canadianbusiness.com
TORONTO – The CEO of one of Canada’s licensed medical cannabis producers says a delivery-by-courier model would be a good first step as the new Liberal government looks to allow recreational access to the drug.
“I think there may be an interim opportunity for distribution to happen quickly, to show a milestone of achieving things, because milestones in politics seem to be important,” Bruce Linton, CEO and chairman of Canopy Growth Corp. (TSXV:CGC) said during the company’s second-quarter earnings call Thursday.
“If the feds wish to have limited recreational access by way of direct courier, and then evolve it into presentation into LCBOs or SAQs or wherever, that could be something that could happen, and certainly we are actively, actively advocating that kind of first step.”
Linton made his comments as Canopy Growth Corp. — a combined company formed by Tweed Marijuana Inc. and Bedrocan Cannabis Corp. — reported net income of $3.9 million, or five cents per share on a diluted basis, for the three months ended Sept…
“I think there may be an interim opportunity for distribution to happen quickly, to show a milestone of achieving things, because milestones in politics seem to be important,” Bruce Linton, CEO and chairman of Canopy Growth Corp. (TSXV:CGC) said during the company’s second-quarter earnings call Thursday.
“If the feds wish to have limited recreational access by way of direct courier, and then evolve it into presentation into LCBOs or SAQs or wherever, that could be something that could happen, and certainly we are actively, actively advocating that kind of first step.”
Linton made his comments as Canopy Growth Corp. — a combined company formed by Tweed Marijuana Inc. and Bedrocan Cannabis Corp. — reported net income of $3.9 million, or five cents per share on a diluted basis, for the three months ended Sept…
China’s stock market benchmark falls 5 per cent after announcement brokers under investigation
– canadianbusiness.com
BEIJING, China – China’s stock market benchmark falls 5 per cent after announcement brokers under investigation.
The post China’s stock market benchmark falls 5 per cent after announcement brokers under investigation appeared first on Canadian Business – Your Source For Business News.
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China shares slide as brokers investigated, other Asian markets mostly down
– canadianbusiness.com
TOKYO – China’s stock market fell sharply Friday as investigations into the securities industry widened to include two top brokerages.
Most other Asian markets were lower in muted trading after Wall Street was closed for the Thanksgiving holiday, and investors continued to watch for developments in tense relations between Russia and Turkey.
KEEPING SCORE: China’s Shanghai Composite was down 5.5 per cent at 3,436.30 after earlier falling more than 6 per cent. Japan’s benchmark Nikkei 225 retreated 0.3 per cent to 19,883.94 and South Korea’s Kospi fell 0.1 per cent at 2,028.99. Hong Kong’s Hang Seng dropped 1.9 per cent to 22,062.68. Other regional markets were also lower, falling in Taiwan, Australia, the Philippines, Indonesia and Singapore. Thailand’s benchmark rose.
CHINA PROBE: Two major Chinese brokerages announced they are under investigation for possible violation of securities market rules in the latest aftershock of this summer’s market plunge…
Most other Asian markets were lower in muted trading after Wall Street was closed for the Thanksgiving holiday, and investors continued to watch for developments in tense relations between Russia and Turkey.
KEEPING SCORE: China’s Shanghai Composite was down 5.5 per cent at 3,436.30 after earlier falling more than 6 per cent. Japan’s benchmark Nikkei 225 retreated 0.3 per cent to 19,883.94 and South Korea’s Kospi fell 0.1 per cent at 2,028.99. Hong Kong’s Hang Seng dropped 1.9 per cent to 22,062.68. Other regional markets were also lower, falling in Taiwan, Australia, the Philippines, Indonesia and Singapore. Thailand’s benchmark rose.
CHINA PROBE: Two major Chinese brokerages announced they are under investigation for possible violation of securities market rules in the latest aftershock of this summer’s market plunge…
Weekend Reading – $100 giveaway, renting, mortgage rates and more
– myownadvisor.ca
Learn, save, invest and prosper with My Own Advisor.
First up this week, don’t forget to enter this giveaway on my site – you can win $100 and a copy of The RESP Book thanks to Life Insurance Canada.com Inc. by sharing that article in social media circles (on your blog?) and including the shared link in my comments section. That’s all you need to do! Don’t want the $100 – that’s OK but hopefully you liked my Fools with Tools article about credit cards. Just my take – happy to hear your thoughts on the use of credit cards.
Finally, you know as well as I do, the weekend is here so it’s time for Weekend Reading. Thanks for reading and sharing this edition with friends and family, and enjoy the articles yourself. Happy Thanksgiving weekend to my fans state-side. See you here next week.
Blogger Krystal Yee is going from home ownership to renting.
Even though the Bank of Canada has done nothing (to increase interest rates), and bond yields haven’t really moved, mortgage rates moved higher recently – here’s why…
First up this week, don’t forget to enter this giveaway on my site – you can win $100 and a copy of The RESP Book thanks to Life Insurance Canada.com Inc. by sharing that article in social media circles (on your blog?) and including the shared link in my comments section. That’s all you need to do! Don’t want the $100 – that’s OK but hopefully you liked my Fools with Tools article about credit cards. Just my take – happy to hear your thoughts on the use of credit cards.
Finally, you know as well as I do, the weekend is here so it’s time for Weekend Reading. Thanks for reading and sharing this edition with friends and family, and enjoy the articles yourself. Happy Thanksgiving weekend to my fans state-side. See you here next week.
Blogger Krystal Yee is going from home ownership to renting.
Even though the Bank of Canada has done nothing (to increase interest rates), and bond yields haven’t really moved, mortgage rates moved higher recently – here’s why…
