Category: Health & Wellness

Cleanup underway after fire at Texas petrochemicals facility

CanadianInvestor
Cleanup underway after fire at Texas petrochemicals facility
HOUSTON — Crews on Wednesday extinguished a fire that had burned for days at a Houston-area petrochemicals storage facility and led to concerns about air quality among some residents and environmental groups despite reassurances from officials that testing shows nothing amiss. Intercontinental Terminals Company spokeswoman Alice Richardson said at a news conference Wednesday that crews were cleaning up the facility... Read More

Budget 2019: Five things to watch for in the Liberals’ final fiscal blueprint

CanadianInvestor
Budget 2019: Five things to watch for in the Liberals’ final fiscal blueprint
OTTAWA — Finance Minister Bill Morneau will release the Trudeau government’s final budget of its mandate Tuesday, just seven months before the next federal election. Here are some things to watch for: A boost to skills training The government says it wants to help workers adapt to the rapidly changing needs of the modern workforce. The budget is expected to announce measures to help Canadians cover... Read More

Pot sales drop, supply lags as LPs ‘underestimated’ logistics needed

CanadianInvestor
Pot sales drop, supply lags as LPs ‘underestimated’ logistics needed
The chief executive of Hexo Corp. says cannabis products have been slow to reach retailers because licensed producers “underestimated” the infrastructure needed to fulfill orders. Sebastien St-Louis’s comments came one day after Health Canada released legal cannabis sales and inventory figures for January that indicated sales of dried flower fell while licensed producers’ finished inventory stockpiles continued to build up. “All the LPs, including... Read More

Growing trend of solo living creating opportunities for businesses

CanadianInvestor
Growing trend of solo living creating opportunities for businesses
TORONTO — One of the fastest-growing demographics in Canada and around the world has long been ignored by mainstream businesses and politicians, but that may be about to change. “Society is geared towards families,” says Jean-Pierre Bissonnette, a 52-year-old single medical physicist at the Princess Margaret Hospital who counts himself as part of a growing cohort of people who choose to live... Read More

5 tips on avoiding big medical bills on vacation; pre-existing condition a risk

CanadianInvestor
5 tips on avoiding big medical bills on vacation; pre-existing condition a risk
TORONTO — Many Canadians are gearing up to fly to warmer climes as the March break holiday approaches, but some may return home with hefty medical bills if they don’t read the fine print on their travel insurance policy. One key element that can lead to your insurance claim being denied is an existing medical issue, or what’s known as a pre-existing... Read More

Nova Scotia to spend $691 million on capital projects in fiscal 2019-20

CanadianInvestor
Nova Scotia to spend $691 million on capital projects in fiscal 2019-20
HALIFAX — Nova Scotia’s Liberal government has announced its largest capital plan since coming to power in 2013, committing $691.3 million for hospitals, schools and highways in 2019-20. The figure is an $86-million increase over last year’s capital budget. Aside from road construction which will take up $300-million, the largest expenditure will go toward health-care projects including $156.9-million for the... Read More

Survey: US businesses added a solid 183,000 jobs last month

CanadianInvestor
Survey: US businesses added a solid 183,000 jobs last month
WASHINGTON — U.S. businesses added a solid 183,000 jobs in February, a private survey found, a sign that companies are continuing to hire even as economic growth is likely slowing. Payroll processor ADP said Wednesday that last month’s job gains were down from the 300,000 added in January, a figure that was revised up sharply from 213,000. It was also... Read More

Health Canada looking into pot firms’ sponsorship of charity event

CanadianInvestor
Health Canada looking into pot firms’ sponsorship of charity event
TORONTO — Health Canada is looking into whether two cannabis companies’ sponsorship of a children’s charity event last October is in violation of promotion restrictions within the Cannabis Act. Cannabis sector companies Canopy Growth Corp. and Halo Labs were among the sponsors of an Oct. 23 event in support of Kids, Cops & Computers for the Merry Go Round Children’s Foundation, whose honorary... Read More

Pot producer Ascent granted creditor protection after losing licenses

CanadianInvestor
Pot producer Ascent granted creditor protection after losing licenses
VANCOUVER — Cannabis producer Ascent Industries Corp. says an order granting the company creditor protection has been issued by the Supreme Court of British Columbia. The B.C.-based company says it filed for CCAA to address near-term liquidity issues which were in “large part” caused by Health Canada’s suspension of its licences under its subsidiary Agrima Botanicals Corp. Ascent has said... Read More

Doctors moonlighting as inventors face unique hurdles to commercialization

CanadianInvestor
Doctors moonlighting as inventors face unique hurdles to commercialization
TORONTO — In Dr. Joao Rezende-Neto’s 25-year career as a trauma surgeon, he’s only twice dealt with patients who insisted on forking over big bucks to buy equipment for a procedure. One instance occurred in Brazil, where medical technology is far less advanced, and his patient needed a tracheostomy — a procedure involving an incision made in the windpipe to clear breathing obstructions. The patient’s family was so... Read More