Agency to investigate possible freight rail problems in Vancouver

Agency to investigate possible freight rail problems in Vancouver
GATINEAU, Que. — The National Transportation Agency will investigate possible problems with freight train service issues in the Vancouver area including whether rail companies are fulfilling their obligations. The agency said in a news release Monday that it’s the first time it is using its new authority to launch such an investigation, which will also determine whether there was discriminatory treatment of certain commodities.... 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 (14,975.53, up 36.35 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 53 cents, or 6.26 per cent, to $9.00 on 32.8 million shares. Goldcorp Inc. (TSX:G). Basic Materials. Up 97 cents, or 7.54 per cent, to $13.83 on 9.6 million shares. Canopy Growth Corp. (TSX:WEED). Health... Read More

Volkswagen to build electric vehicles at Tennessee plant

Volkswagen to build electric vehicles at Tennessee plant
German automaker Volkswagen said Monday its factory in Tennessee will be the focus of an $800 million investment in the company’s manufacturing of electric vehicles in North America, a sign of a growing push into the electric car market by European companies. Volkswagen made a couple of announcements that it will expand its plant in Chattanooga and create 1,000 jobs... Read More

Ontario’s 25 pot licence lottery winners fielding partnership offers

Ontario’s 25 pot licence lottery winners fielding partnership offers
TORONTO — Businesses and investors are rushing to partner with the 25 winners of the Ontario cannabis retail licence lottery, with offers apparently worth millions of dollars, to be involved in the province’s first recreational weed stores set to open this spring. Olivia Brown, the founder of Hamilton, Ont.-based Professional Cannabis Consulting, says one of her clients was among the 25 entities selected by... Read More

Marijuana producer Canopy Growth granted hemp licence in New York

Marijuana producer Canopy Growth granted hemp licence in New York
SMITHS FALLS, Ont. — Canopy Growth Corp. says it has been granted a licence by New York State to process and produce hemp, a member of the cannabis plant family. The Ontario-based company is one of Canada’s biggest producers of legal cannabis products for medicinal and recreational use. Canopy says it plans to invest between US$100 million and US$150 million in its New... Read More

Air Canada and Jazz parent extend agreement, securing regional airline’s future

Air Canada and Jazz parent extend agreement, securing regional airline’s future
MONTREAL — Air Canada and Chorus Aviation Inc. have extended a purchase agreement by 10 years that will see Chorus subsidiary Jazz Aviation LP continue to provide Canada’s biggest airline with regional service through to 2035. Analysts say the deal will quell concerns around Chorus’s future after Air Canada announced last February it would expand its Rouge fleet and fly the lower-cost airplanes on Canadian... Read More

Aurora Cannabis buying Whistler Medical Marijuana in deal worth up to $175M

Aurora Cannabis buying Whistler Medical Marijuana in deal worth up to $175M
EDMONTON — Aurora Cannabis Inc. has signed a deal to buy Whistler Medical Marijuana Corp. in an all-stock deal worth up to $175 million, including certain milestone payments. Edmonton-based Aurora says the acquisition of the privately held company is expected to provide it with a suite of premium and organic certified products. Whistler operates two indoor licensed production facilities, include... Read More

Aben Resources Uncovers High-Grade Gold at the Justin Project Lost Ace Zone, Yukon Territory

Aben Resources Uncovers High-Grade Gold at the Justin Project Lost Ace Zone, Yukon Territory
VANCOUVER – Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) has provided a summary of exploration results from the 2018 exploration program on their 100% owned Justin Gold Project in the Yukon Territory. Work completed in 2018 included the collection of 19 channel and 28 chip samples from 5 trenches, 16 rock samples, 7 till samples and 240 soil samples with coverage totaling 6.0... Read More

Newmont Mining to buy Goldcorp to create one of world’s biggest gold producers

Newmont Mining to buy Goldcorp to create one of world’s biggest gold producers
VANCOUVER — Denver-based Newmont Mining Corp. and Goldcorp Inc. of Vancouver have agreed to combine their gold companies in a deal worth about US$10 billion. The companies announced today that Newmont will exchange 0.328 of a share and two cents for each of Goldcorp’s outstanding common shares. The deal has the unanimous support of the directors of both companies but requires... Read More