Buying your first stock requires lots of research before you take the plunge

Buying your first stock requires lots of research before you take the plunge
When Robin Speziale entered Grade 10, his teacher dropped a business newspaper on a desk in front of his class and asked each student to circle a stock to spend the semester tracking. While most classmates lost interest when the term ended, Speziale was enamoured. By 30, the Toronto man had built a stock portfolio worth $300,000 and written a... Read More

Canopy Growth reports $374.6M Q2 loss, restructures softgel and oil portfolio

Canopy Growth reports $374.6M Q2 loss, restructures softgel and oil portfolio
SMITH FALLS, Ont. — Canopy Growth Corp.’s share price hit a 2019 low Thursday after the Canadian cannabis producer posted a $374.6-million quarterly loss, missed analyst revenue estimates and warned that a key revenue target may not be achieved. Canopy stock hit an intra-day low of $20.15 at the Toronto Stock Exchange during the morning, and continued to trade down about 16... Read More

KFC Canada to test bamboo packaging for poutine starting next year

KFC Canada to test bamboo packaging for poutine starting next year
VAUGHAN, Ont. — KFC Canada says it will test poutine buckets made out of bamboo fibres starting early next year. The fried chicken chain says in a statement the trial of the eco-friendly packaging is the first of several innovative materials it plans to test. KFC says bamboo is often called one of the world’s most renewable materials thanks to... Read More

Alberta to reduce spending by 3 per cent, but no cuts to health, education

Alberta to reduce spending by 3 per cent, but no cuts to health, education
EDMONTON — Alberta Premier Jason Kenney says his government will cut program spending by close to three per cent in Thursday’s provincial budget. But Kenney, in a TV address Wednesday night, reiterated that health and education funding will not be reduced and maintaining front-line services is a priority. “Let’s be clear: this will not be an easy budget,” said Kenney, adding... Read More

Classes cancelled as threat of Chicago teacher strike looms

Classes cancelled as threat of Chicago teacher strike looms
Chicago’s mayor announced on Wednesday that the city’s public schools will be shut down on Thursday, one day ahead of an expected teachers’ strike. Mayor Lori Lightfoot said during a news conference that the district’s 25,000 teachers represented by the Chicago Teachers Union would almost certainly walk out on Thursday based on union leaders’ reaction to bargaining talks this week.... Read More

3 economists who study poverty win Nobel Prize

3 economists who study poverty win Nobel Prize
STOCKHOLM — Two researchers from the Massachusetts Institute of Technology and a third from Harvard University won the 2019 Nobel Prize in economics on Monday for groundbreaking research into what works and what doesn’t in the fight to reduce global poverty. The award went to MIT’s Abhijit Banerjee and Esther Duflo, and Harvard’s Michael Kremer. The 46-year-old Duflo is the... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: IT security event The Sector IT security conference kicks off on Monday in Toronto. Experts will discuss malware, ransomware attacks and Canada’s role in the global security market. Housing starts Canada Mortgage and Housing Corp. will release preliminary housing start data for September on... Read More

Alberta finance minister to host two telephone town halls on budget next week

Alberta finance minister to host two telephone town halls on budget next week
EDMONTON — Alberta’s finance minister is hosting two telephone town halls next week to take questions and advice from the public on his upcoming budget. Travis Toews will dial in to speak to and hear from Albertans north of Red Deer on Monday night. On Wednesday night, residents in Red Deer and southern Alberta get the opportunity to have their say. The government... Read More

Federal judge upholds affirmative action at Harvard

Federal judge upholds affirmative action at Harvard
BOSTON — A federal judge Tuesday cleared Harvard University of discriminating against Asian American applicants in a ruling that was seen as a major victory for supporters of affirmative action in college admissions across the U.S. In a closely watched lawsuit that had raised fears about the future of affirmative action, a group called Students for Fair Admissions accused the... Read More