Cineplex signs VR deal to bring between 30 and 40 installations to Canada

Cineplex signs VR deal to bring between 30 and 40 installations to Canada
TORONTO — Cineplex Inc. is partnering with technology company VRstudios Inc. to bring between 30 and 40 virtual reality installations to Canada. The theatre giant says the partnership includes an investment by Cineplex to acquire a significant ownership interest in VRstudios, but did not disclose the financial terms of the deal. Cineplex says the partnership will open up opportunities for... 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 (16,001.71, down 47.31 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Down 81 cents, or 8.9 per cent, to $8.30 on 27.7 million shares. Aphria Inc. (TSX:APH). Health care. Down $3.52, or 16.9 per cent, to $17.30 on 19.2 million shares. RNC Minerals. (TSX:RNX). Metals. Unchanged at 24 cents on 10.7 million shares. HEXO Corp.... Read More

Shell Canada gives up exploration permits to make way for protected area

Shell Canada gives up exploration permits to make way for protected area
VANCOUVER — Shell Canada Ltd. has given up it offshore exploration rights, clearing the way for the creation of Canada’s first protected marine area under the Canada Wildlife Act. Shell voluntarily released about 50,000 square kilometres of permits in an area off northern Vancouver Island to allow for the creation of the Scott Islands marine National Wildlife Area. The permits cover an offshore area more than one-and-a-half times the... Read More

Transat AT vows to raise prices next summer after third-quarter losses

Transat AT vows to raise prices next summer after third-quarter losses
MONTREAL — Transat AT Inc. executives have pledged to raise prices next summer after a spike in fuel costs sent the carrier on course to its least-profitable third quarter in a decade. “The fuel increases happened very suddenly in a short time period. In those circumstances, often we are not able to pass those increases to consumers,” said chief operating officer Annick Guerard... Read More

Canadian securities regulators propose ban on certain embedded commissions

Canadian securities regulators propose ban on certain embedded commissions
TORONTO — The Canadian Securities Administrators has proposed changes that would prohibit certain embedded commissions paid to dealers in a bid to address investor protection concerns. The umbrella organization of the country’s provincial securities regulators has published a notice with its proposal, which includes banning investment fund managers from paying up-front sales commissions to dealers. The CSA has also proposed a ban on trailing... Read More

DHX Media bleak preview of Q4 financial report, including projected losses

DHX Media bleak preview of Q4 financial report, including projected losses
HALIFAX — Shares in DHX Media Ltd. plunged more than 20 per cent after the entertainment company provided a weaker-than-expected preview of its fourth-quarter results. The Halifax-based company’s stock was down 22 per cent or 38 cents at $1.31 after about half an hour of trading. The drop came as it said it expected its fourth-quarter revenue to total $99 million and anticipated losses... Read More

Walmart launches 1-hour grocery delivery in GTA with Instacart partnership

Walmart launches 1-hour grocery delivery in GTA with Instacart partnership
MISSISSAUGA, Ont. — Walmart Canada says it is starting to roll out one-hour grocery delivery today for customers in parts of the Greater Toronto Area. The discount grocer says it’s partnered with Instacart, a California-based company, to provide the service. Shoppers use the Instacart website or app to place their order, which is then picked out and delivered by Instacart... Read More

Organigram invests in firm that can produce cannabis’ active ingredients in lab

Organigram invests in firm that can produce cannabis’ active ingredients in lab
TORONTO — The parent company of marijuana producer Organigram Inc. has closed a $10-million investment deal with Hyasynth Biologicals, boosting its access to biotechnology that can produce cannabis’ active chemical ingredients in a lab without needing a costly grow-op. Organigram says Hyasynth’s proprietary technology can produce active ingredients that occur naturally in the cannabis plant, called phytocannabinoids, using genetically engineered strains of yeast... Read More

ParcelPal to offer rapid cannabis delivery to consumers

ParcelPal to offer rapid cannabis delivery to consumers
ParcelPal Technology Inc. has announced their cannabis plan for Federal legalization in Canada on October 17th, 2018. As part of ParcelPal’s strategy moving forward, the Company plans to take advantage of the bourgeoning marijuana market imminently. The marijuana vertical proposes a large opportunity and catalyst for ParcelPal to launch into many urban areas... Read More

Know your tolerance for a market downturn and stay calm when it hits: experts

Know your tolerance for a market downturn and stay calm when it hits: experts
TORONTO — Nobody can predict with accuracy when stock markets will end their record-setting bull run, but the best way for investors to deal with the next downturn is to remain calm and stick to a well-crafted plan. The current U.S. bull market became the longest on record as of Aug. 22, 2018, prompting many market observers to wonder when the party will come to an end. “The... Read More