Canopy Growth’s stock jumps as Piper Jaffray raises price target by 50%
Analysts say the company is well-positioned to succeed in the growing medical and recreational weed business Canadian cannabis company Canopy Growth Corp.’s stock jumped 8% Friday after Piper Jaffray raised its price target on the stock by 50% and said the company is well-positioned in the emerging and growing markets for legal and medical marijuana. […]
Tesla’s first downgrade of the year comes down to this
At least a third of share price is ‘Elon premium,’ analyst says Tesla Inc.’s surprise third-quarter profit might have marked “peak profitability” for the decade. That’s from analysts at RBC Capital Markets, who on Wednesday downgraded Tesla TSLA, +1.90% stock to their equivalent of sell with a price target of $245, representing a 17% downside […]
NORAD fighters scramble
Military authorities say U.S. Air Force and Canadian fighter jets were scrambled to escort two Russian bombers that were travelling near the North American coastline. The North American Aerospace Defence Command says two F-22 and two CF-18 fighter jets identified two Russian Tu-160 Blackjack strategic bombers. The Russian planes were said to be entering an […]
Yellow Pages ends dispute
Yellow Pages Ltd. says a year-long effort to restructure and modernize its relationship with unionized sales representatives across Canada has concluded with the ratification of a new collective agreement by employees in Toronto. The Montreal-based publisher of digital and paper-based advertising says it now has the flexibility to reward its best sales representatives and make […]
B.C.’s oldest whale watching company packing up after 38 years as lease ends
Stubbs Island Whale Watching started as a dive company, but interest quickly turned to local whale watching British Columbia’s first whale watching company is closing its doors at the end of the month after nearly four decades of business, because the company’s lease is being terminated. Stubbs Island Whale Watching, located on northern Vancouver Island, […]
Ottawa compensates Quebec businesses hurt by last June’s G7 Summit
Many merchants still await payment, others don’t bother applying because process so complicated Merchants who lost money during the three days of the Group of Seven Summit in June, 2018 are getting paid back by the federal government. More than 120 business owners in Quebec City and La Malbaie applied for compensation for lost revenue. They […]