Who said what about the Liberals’ decision to go ahead with Trans Mountain

Who said what about the Liberals’ decision to go ahead with Trans Mountain
OTTAWA — There was swift reaction Tuesday to the decision by the Trudeau Liberals to give the go-ahead to the Trans Mountain oil pipeline expansion. Here is what federal, provincial and Indigenous leaders, as well various groups had to say: “Fundamentally, this isn’t a choice between producing more conventional energy or less. It’s a choice about where we can sell it... Read More

Martha Stewart offers business advice to cannabis industry leaders

Martha Stewart offers business advice to cannabis industry leaders
SAINT JOHN, N.B. — Food and lifestyles guru Martha Stewart says the recipe for success she has followed throughout her career also applies to cannabis companies — offer quality products at fair prices. “My approach has always been make the best product at the best price and distribute it as widely as possible. That’s why when I started my business... Read More

Business leaders welcome pipeline approval but fear it may not be completed

Business leaders welcome pipeline approval but fear it may not be completed
CALGARY — Business leaders say they are pleased with news that Ottawa has re-approved the Trans Mountain pipeline expansion but will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast. Jack Mintz, tax policy and economics expert at the University of Calgary’s School of Public Policy, says the approval of a... 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 (16,503.35, up 149.90 points). Stornoway Diamond Corp. (TSX:SWY). Materials. Up half a cent, or 25 per cent, to 2.5 cents on 27.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down 14 cents, or 5.83 per cent, to $2.26 on 10.7 million shares. Encana Corp. (TSX:ECA). Energy.... Read More

Stocks rally in Toronto in broad-based move, U.S. stocks also move up

Stocks rally in Toronto in broad-based move, U.S. stocks also move up
TORONTO — Canada’s main stock index posted a triple-digit advance in late-morning trading, boosted higher by a broad-based rally led by the financial and materials sectors. The S&P/TSX composite index was up 169.35 points at 16,522.80. In New York, the Dow Jones industrial average was up 370.64 points at 26,483.17. The S&P 500 index was up 37.27 points at 2,926.94,... Read More

Cobalt 27 to be bought by Swiss firm in deal that values it at $501 million

Cobalt 27 to be bought by Swiss firm in deal that values it at $501 million
TORONTO — A Canadian cobalt speculation company is being bought by a Swiss firm in a deal that values the company at about $501 million. Toronto-based Cobalt 27 Capital Corp. says Pala Investment Ltd. already controls about 19 per cent of shares and will acquire the rest of the outstanding shares at $5.75 each. The deal, which pushed Cobalt 27’s shares up 83... Read More

SendtoNews is the biggest sports video service you’ve never heard of

SendtoNews is the biggest sports video service you’ve never heard of
Matthew Watson was a sports fan long before becoming a tech executive, supporting West Coast teams like the Vancouver Canucks, the Vancouver Whitecaps and the Seattle Mariners. “And the Grizzlies when they were in Vancouver. And now the Raptors,” he says. Now those teams — and many more — are part of the business model for Watson’s SendtoNews, a Victoria-based startup that has grown over the... Read More