Bell Media signs new long-term broadcast agreement with Vice Media

Bell Media signs new long-term broadcast agreement with Vice Media
TORONTO — Bell Media has signed a new long-term agreement that will see it become the exclusive Canadian broadcaster for new programming from Vice Media’s U.S. network Viceland. The shows will debut on multiple Bell Media platforms, including CraveTV, in the fall, the companies said. They say new Vice shows will exclusively air on television on Bell Media channels, while it... Read More

Second Cup says it may convert Ontario coffee shops to cannabis stores

Second Cup says it may convert Ontario coffee shops to cannabis stores
OTTAWA — The Second Cup Ltd. says it is actively reviewing locations in Ontario for potential conversion to cannabis retail stores in light of policy changes in the province. The company’s announcement comes after Ontario’s Progressive Conservative government said it would allow private retailers to sell recreational marijuana starting next April. Second Cup had announced a partnership with marijuana clinic operator... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,148.50, down 182.17 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up $1.04, or 19.48 per cent, to $6.38 on 32.12 million shares. Canopy Growth Corp. (TSX:WEED). Healthcare. Up $10.04, or 31.26 per cent, to $42.20 on 18.39 million shares. The company rallied sharply after alcohol giant Constellation Brands said... Read More

E-commerce giant Shopify bans sale of some firearms and accessories

E-commerce giant Shopify bans sale of some firearms and accessories
Shopify is banning the sale of some firearms and their related parts through its platform. A policy update that the Ottawa-based e-commerce firm quietly posted this week shows Shopify merchants can no longer use the platform to sell automatic firearms that have not been rendered inoperable and semi-automatic firearms that have the capacity to accept a detachable magazine. Also off-limits are a handful of gun... Read More

Constellation Brands spending $5 billion to increase stake in Canopy Growth

Constellation Brands spending $5 billion to increase stake in Canopy Growth
SMITH FALLS, Ont. — Constellation Brands has signed a deal to invest $5 billion in Canopy Growth Corp. to increase its stake in the marijuana company to 38 per cent. Under the agreement, Constellation will acquire 104.5 million Canopy shares at a price of $48.60 per share. Canopy shares closed at $32.15 on the Toronto Stock Exchange on Tuesday. Under... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,330.67, up 79.92 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Down 58 cents, or 9.8 per cent, to $5.34 on 12.8 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up 15 cents or 3.31 per cent, to $4.68 on 9.4 million shares. Aphria Inc. (TSX:APH). Healthcare. Down 92... Read More

CAE Inc. increases quarterly dividend, reports Q1 profit up from year ago

CAE Inc. increases quarterly dividend, reports Q1 profit up from year ago
Montreal-based flight simulator company CAE Inc. increased its dividend as it reported its first-quarter profit and revenue improved compared with a year ago. The simulator maker says it will now pay a quarterly dividend of 10 cents per share, up from nine cents. The increased payment to shareholders came as it reported a first-quarter profit attributable to equity holders of $69.4 million... Read More

DavidsTea to be sold in grocery stores, signs deal with Loblaw Companies

DavidsTea to be sold in grocery stores, signs deal with Loblaw Companies
MONTREAL — DavidsTea Inc. has signed a deal that will see its tea sachets for sale at grocery stores across Canada. The company has inked an agreement with Loblaw Companies Ltd. that will see several of the grocer’s banners carry the tea. DavidsTea packs are expected to be available in a range of Loblaw banners including: Loblaws, Independent, Zehrs, Valu-Mart, Atlantic... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,250.75, down 75.76 points) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 17 cents, or 2.79 per cent, to $5.92 on 8.58 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. down 17 cents, or 3.62 per cent, to $4.53 on 8.18 million shares. Canopy Growth Corp. (TSX:WEED). Health... Read More

Ensign Energy Services makes takeover offer for Trinidad Drilling

Ensign Energy Services makes takeover offer for Trinidad Drilling
CALGARY — Ensign Energy Services Inc. has announced a takeover offer for Trinidad Drilling Ltd. in a transaction it valued at about $947 million, including debt. The oilfield services company is offering $1.68 per share in cash for each Trinidad share. It estimated Trinidad’s outstanding net debt at $477 million as of June 30. Trinidad completed a strategic review on... Read More