First Nations poised to challenge Nova Scotia’s marijuana monopoly

First Nations poised to challenge Nova Scotia’s marijuana monopoly
HALIFAX — Nova Scotia First Nations appear poised to take on the province’s marijuana monopoly — including one Mi’kmaq community that has enlisted Olympian Ross Rebagliati to roll out a “seed to sale” cannabis operation. Sipekne’katik First Nation in Indian Brook, N.S., has plans to grow cannabis and sell it directly to consumers, while Millbrook First Nation is considering retail locations, bypassing the provincial... Read More

CP Rail electrical workers ratify three-year deal; train crews voting in July

CP Rail electrical workers ratify three-year deal; train crews voting in July
CALGARY — Unionized employees at Canadian Pacific Railway Ltd. who reached a tentative agreement before train crews launched a brief strike a month ago have ratified a new three-year agreement. The International Brotherhood of Electrical Workers (IBEW) says a tentative deal reached May 29 received the support of 78 per cent of its members. Union senior general chairman Steve Martin says the... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,277.73, up 97.84 points) Enbridge Inc. (TSX:ENB). Oil and gas. Up $3.10, or 7.06 per cent, to $47.00 on 11.5 million shares. Minnesota regulators approved the Calgary-based company’s $9-billion project to upgrade its deteriorating Line 3 pipeline through the state. The pipeline will add about... Read More

Former B.C. premier Christy Clark to join Shaw Communications board of directors

Former B.C. premier Christy Clark to join Shaw Communications board of directors
CALGARY — Former British Columbia premier Christy Clark has been named to the board of directors for Calgary-based Shaw Communications Inc. The cable television and telecommunications company says Clark, who was premier from 2011 until 2017, was chosen because of her extensive contacts in politics and business across Canada and especially in its biggest market, the greater Vancouver area. Clark retired from politics... Read More

Subscribe Technologies Closes Non-Brokered Private Placement

Subscribe Technologies Closes Non-Brokered Private Placement
Subscribe Technologies Inc. (the “Company”) (CSE: SAAS) (Frankfurt: 6GQ) (OTCPK: SRBBF) is pleased to announce that the Company has closed a non-brokered private placement of up to 7,500,000 units at price of $0.08 per unit, for gross proceeds of $600,000.  Each unit will consist of one common share and one transferable common share purchase warrant, each warrant entitling the holder to acquire... Read More

How your smart fridge might be mining bitcoin for criminals

How your smart fridge might be mining bitcoin for criminals
LONDON — Is the web browser on your phone slower than usual? It could be mining bitcoin for criminals. As the popularity of virtual currencies has grown, hackers are focusing on a new type of heist: putting malicious software on peoples’ handsets, TVs and smart fridges that makes them mine for digital money. So-called “crypto-jacking” attacks have become a growing... Read More

Quebec launches hiring drive for government-run cannabis store employees

Quebec launches hiring drive for government-run cannabis store employees
MONTREAL — Quebec’s government-run cannabis monopoly is launching a hiring drive with jobs starting at $14 per hour. Candidates without criminal records are being invited to apply on the corporation’s website for the positions of sales clerk as well as director and deputy director of the future cannabis stores. Corporation spokesman Mathieu Gaudreault says the province is looking to open... Read More

Enbridge shares jump after Minnesota regulators approve Line 3 pipeline route

Enbridge shares jump after Minnesota regulators approve Line 3 pipeline route
CALGARY — Enbridge Inc. shares rose by more than seven per cent in Toronto on Friday morning after regulators in Minnesota substantially approved its preferred route through the state to upgrade its deteriorating Line 3 crude oil pipeline. The stock spiked to $47.24 in early trading as word of the routing decision was added to news Thursday that state commissioners had recognized the need... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,179.89, down 51.36 points) Canopy Growth Corp. (TSX:WEED). Health care. Up $3.58, or 9.69 per cent, to $40.51 on 10.9 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up 45 cents, or 5.02 per cent, to $9.41 on 9.6 million shares. Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Up... Read More

New tariffs could eventually raise food prices, Empire CEO says

New tariffs could eventually raise food prices, Empire CEO says
Upcoming tariffs on some American food products could eventually mean higher prices for Canadian consumers, says the chief executive of Empire Co. Ltd. The Canadian government announced it would impose retaliatory tariffs on July 1 on a wide range of American products in response to U.S. tariffs on some Canadian steel and aluminum products. The Canadian government targeted yogurt, coffee,... Read More