Kirstine Stewart to leave Twitter + MORE Jul 21st

MONTREAL – A judge says he will rule Friday in the dispute between Petrolia Inc. and the Quebec government over exploratory oil and gas drilling on Anticosti Island.
Petrolia is seeking an injunction to force the government and a private firm to give it a total of nearly $13 million.
The two sides have not yet reached an agreement and Quebec Superior Court Justice Martin Castonguay said he will hand down a ruling Friday.
Petrolia (TSX-V:PEA) and Corridor Resources yielded their exploration permits for Anticosti Island in 2014 in exchange for the promised investment. That deal was reached under the previous Parti Quebecois government.
The exploratory work on three wells was scheduled to begin this summer and was aimed at determining Anticosti’s hydrocarbon potential in terms of quality and volume.
Petrolia is trying to block an attempt to put off the work until 2017, saying that could result in an unspecified number of job losses and jeopardize the future of the project in eastern Quebec…

The benchmark index of the Toronto Stock Exchange moved a stone’s throw away from a one-year high on Thursday, led by gains in gold producers, telecom giant Rogers, and oil and gas producer Encana.

Do you even broach financial matters with your kids? Or do you think it’s taboo? What lessons have you imparted with your children—whether they’re grade-schoolers, teens or all grown up? And more importantly, how much should the tooth fairy pay? We want to know! Fill out our quick, anonymous survey below.

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OTTAWA – There’s a scene in “The Wolf of Wall Street” where the cocaine-fuelled character of Mark Hanna, played by Matthew McConaughey, lays out the No. 1 rule about the stock markets.
Nobody knows where they’ll go.
“But you and me, the brokers? We’re taking cold hard cash via commission,” he tells Leonardo DiCaprio, who stars as stockbroker Jordan Belfort.
The over-the-top exchange illustrates why commission-based financial advisers may not serve one’s interests.
The choice between a fee-based adviser or one who gets paid through a commission is an important decision for investors.
Andrey Pavlov, a finance professor at the Beedie School of Business at Simon Fraser University, says he prefers the fee-based system.
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Financial advisor or accountant: Who should I trust?
“I think it is the right model because then the adviser is clearly working for you and they have your best interests in mind,” he said…

The Twitter logo appears on a phone post on the floor of the New York Stock Exchange, Tuesday, Oct. 13, 2015. Twitter is laying off up to 336 employees, signaling CEO Jack Dorsey’s resolve to slash costs while the company struggles to make money. (AP Photo/Richard Drew)
TORONTO — Twitter’s vice president for media in North America, Kirstine Stewart, will be leaving the company.
A Twitter spokesman confirmed in an email Thursday that Stewart will part ways with the social media company.
But Cam Gordon said Twitter is “not sharing any other details at this time.”
Stewart’s profile says she’s responsible for Twitter’s TV, sports, music, gaming, talent, entertainment, news and government partnerships.
Stewart joined Twitter Canada three years ago from the CBC, where she was executive vice-president of English services.
Shortly after becoming the company’s Canadian director in April 2013, Stewart announced big partnership deals with Bell Media and Shaw Media…