Bell, Rogers slash Toronto internet prices in bid to woo customers to faster networks

Bell, Rogers slash Toronto internet prices in bid to woo customers to faster networks
TORONTO — Two of Canada’s biggest internet providers have slashed prices by about 45 per cent in the Toronto area for their most advanced offerings, but industry observers say such skirmishes are usually very local and short-lived. Bell Canada is offering a gigabit-per-second home internet package with unlimited data for $79.95 in parts of Toronto, down from $149.95, until the end of July. Rogers, for its... Read More

Alberta ‘gas bar shenanigans’ push national average price to five-year high

Alberta ‘gas bar shenanigans’ push national average price to five-year high
CALGARY — Soaring gasoline prices in Calgary and Edmonton have pushed the national average to a five-year high, according to an online price monitoring firm. Dan McTeague of GasBuddy.com says the national average price for regular gasoline was 136.0 cents per litre on Thursday, up from 105.2 cents on the same date last year and closing in on the previous high of 139.1... Read More

Food businesses look to cash in on post-pot cravings with weed-free munchies

Food businesses look to cash in on post-pot cravings with weed-free munchies
TORONTO — Undeterred by a ban on edibles in Canada’s initial rollout of legal recreational marijuana, food companies have found a way to cash in on the buzz by catering to post-consumption cravings with marijuana-free munchies. The country is gearing up for cannabis legalization for recreational use on October 17, but edible products infused with pot will remain illegal until specific government regulations are rolled out... Read More

Medical marijuana firm Canopy Growth launches Latin American subsidiary

Medical marijuana firm Canopy Growth launches Latin American subsidiary
SMITHS FALLS, Ont. — Canopy Growth Corp. has launched a Latin American subsidiary and acquired a Colombian medical marijuana company. The Canadian licensed medical marijuana producer says it has issued nearly 1.2 million shares it valued at about $45.7 million to acquire Spectrum Cannabis Colombia, which previously operated as Colombian Cannabis. Canopy also says it will make four payments of up... Read More

June home sales slightly higher in the GTA compared to June 2017

June home sales slightly higher in the GTA compared to June 2017
TORONTO — The pace of Toronto home sales picked up last month, in a sign that the market is rebounding from recent regulatory changes and higher borrowing costs. The Toronto Real Estate Board (TREB) revealed Thursday that home sales in the Greater Toronto Area rose 2.4 per cent to 8,082 in June, up from the 7,893 homes that changed hands the same month a... Read More

Alberta signs pot supply deals with 13 licensed marijuana producers

Alberta signs pot supply deals with 13 licensed marijuana producers
ST. ALBERT, Alta. — The Alberta government entity tasked with regulating cannabis has signed supply deals with 13 licensed producers, including Aurora Cannabis and Canopy Growth Corp., as it gears up for legal recreational pot in October. The Alberta Gaming, Liquor and Cannabis Commission says it chose the producers from a list of 31 marijuana producers who expressed interest. All but two of... Read More