Stocks to Watch: Radnet, Inc. (RDNT) and Calix, Inc. (CALX) in the spotlight

The price of RadNet, Inc. (NASDAQ:RDNT) went up by $0.11 now trading at $13.24. Their shares witnessed a 32.8% increase from the 52-week low price of $9.97 they recorded on 2019-01-03. Even though it is still -24.92% behind the $16.54 high touched on 2018-10-09. The last few days have been rough for the stock, as […]

Immigration fuels tech

Prime Minister Justin Trudeau told hundreds of attendees at a conference in Toronto on Monday that Canada’s thriving technology sector is a result of the country’s openness to immigrants and he hopes Canadians will continue to view immigration positively. Trudeau was the first keynote speaker at the four-day conference, called Collision, which is being held […]

$58.5M boost for tourism

Tourism Minister Melanie Joly says a federal new tourism strategy can boost international visits to Canada during non-peak seasons by more than a million people. The strategy includes $58.5 in funding to help communities create or improve tourism facilities and experiences. The fund is supposed to back experiences that show off Canada’s strengths and expand […]

Canada Pension Plan will invest $200M in specialty food company Premium Brands

Investment represents 7.1% stake in the Richmond, B.C.-based company The Canada Pension Plan Investment Board has signed a deal to invest roughly $200 million in specialty food company Premium Brands Holdings Corp. Premium Brands intends to use the cash to repay debt, finance organic and acquisition growth opportunities and for general corporate purposes. Under the […]

IMF urges Canada not to change policy despite calls to ease mortgage stress test

The IMF says it would be ‘ill-advised’ to stimulate activity in the housing sector Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary Fund. The organization calls for policies that focus on ensuring a sound financial system, […]

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