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 (16,511.79, up 8.44 points). Encana Corp. (TSX:ECA). Energy. Down 13 cents, or 1.98 per cent, to $6.42 on 6.2 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down seven cents, or 3.1 per cent, to $2.19 on 6.2 million shares. Barrick Gold Corp. (TSX:ABX). Materials. Down two... Read More

U2 guitarist won’t get to build mansions on Malibu hillside

U2 guitarist won’t get to build mansions on Malibu hillside
MALIBU, Calif. — A plan by U2 guitarist The Edge to build a cluster of mansions on a ridgeline above Malibu appears to be dead after California’s highest court declined to consider his last-ditch appeal. The musician, whose real name is David Evans, staged a 14-year legal fight to build five large, eco-friendly homes dubbed Leaves in the Wind in... Read More

Shopify to open U.S. fulfilment centres as part of expanded offerings

Shopify to open U.S. fulfilment centres as part of expanded offerings
TORONTO — Shopify Inc. has launched a network of fulfilment centres in the United States to expand its suite of offerings for merchants in the competitive world of online retail. The network will allow merchants large and small to gain access to advanced logistics technology and simplified warehousing and shipping, chief product officer Craig Miller said. “We’ve taken something that used to... Read More

Governments earned $186M in pot taxes in 5 months of legalization: StatCan

Governments earned $186M in pot taxes in 5 months of legalization: StatCan
OTTAWA — Statistics Canada says federal and provincial governments earned $186 million in cannabis-related revenue in the first five-and-a-half months since legalization in October. The Ottawa-based agency says this revenue came from product-specific excise taxes and general taxes on goods and services such as the Harmonized Sales Tax. The federal government drew $19 million in excise taxes, while provincial governments got... Read More

Pressure BioSciences’ Ultra High Pressure HUB Platform Highly Effective in Studies to Develop Improved Methods for Food Safety

Pressure BioSciences’ Ultra High Pressure HUB Platform Highly Effective in Studies to Develop Improved Methods for Food Safety
HUB Platform Plays Critical Role in Innovative Research Studies Designed to Increase Understanding of and Develop Methods for the Prevention of Serious Food-Borne Diseases Caused by E. coli and Listeria Pressure BioSciences, Inc. , a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide life sciences industry, today announced... Read More

CannTrust to enter U.S. CBD market via hemp joint-venture in California

CannTrust to enter U.S. CBD market via hemp joint-venture in California
VAUGHAN, Ont. — CannTrust Holdings Inc. says it is entering the U.S. market for CBD, starting with a hemp production joint-venture in California. The Vaughan, Ont.-based licensed producer says it has signed a non-binding letter of intent with Elk Grove Farming Company to secure hemp with high cannabidiol (CBD), the non-intoxicating compound found in cannabis and hemp. Under the deal, the joint-venture will secure... Read More

Statistics Canada reports annual pace of inflation rises in May to 2.4 per cent

Statistics Canada reports annual pace of inflation rises in May to 2.4 per cent
OTTAWA — The annual pace of inflation picked up in May as the consumer price index rose 2.4 per cent compared with a year ago, its largest increase since October last year, Statistics Canada said Wednesday. The move compared with a 2.0 per cent increase in April and was the fourth straight month of rising year-over-year increases. Economists had expected an increase of... Read More