Toronto Stock Exchange announced the 2021 TSX30, showcasing top-performers

Toronto Stock Exchange announced the 2021 TSX30, showcasing top-performers
  TORONTO – Toronto Stock Exchange yesterday announced the 2021 TSX30™, the Exchange’s flagship program showcasing the 30 top-performing stocks over a three-year period, based on dividend-adjusted share price performance. The annual ranking serves to spotlight the achievements and sustained success of TSX’s leading listed companies while also highlighting the depth and diversity of Canada’s powerful capital markets ecosystem. “Public... Read More

Oil and gas taxes play significant role in Canadian social programs

Oil and gas taxes play significant role in Canadian social programs
If the sector disappeared, taxes would have to be increased substantially to provide us with the services we have come to expect Between 1969 and 2019, Canadian parents received $499 billion in family allowance payments and children’s benefits from the federal government. That 50-year cost was matched by $505 billion in revenues to governments from the oil and gas sector... Read More

Why bailing out Air Canada is counterproductive

Why bailing out Air Canada is counterproductive
Rather than subsist on government aid, the company should urge officials to ease travel restrictions A year and a half into the COVID-19 pandemic, the only thing keeping Air Canada alive is the federal government bailouts. They’re delaying the inevitable and sensible way out: cutting travel restrictions, encouraging tourism by ensuring effective containment and encouraging vaccination. In April, the government... Read More

Canadian Pacific to acquire Kansas City Southern for $31B

Canadian Pacific to acquire Kansas City Southern for $31B
CALGARY – Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) and Kansas City Southern (NYSE: KSU) today announced they have entered into a merger agreement, under which CP has agreed to acquire KCS in a stock and cash transaction representing an enterprise value of approximately USD$31 billion, which includes the assumption of $3.8 billion of outstanding KCS debt. The transaction,... Read More

Feel Foods completes construction on its cold storage facility

Feel Foods completes construction on its cold storage facility
VANCOUVER – FEEL FOODS LTD. (CSE: FEEL) (OTC: FLLLF) reported it has completed construction of its new cold storage facility consisting of 2,600 cubic square feet of cold storage. The cold storage and corporate headquarters located in Port Coquitlam, BC will serve as the logistical hub for both its plant-based meat and cheese products. This lower mainland location will enhance... Read More