Forecasters expect energy market volatility to continue in 2019

Some energy experts are predicting even more volatility in 2019 with respect to the financial markets. More than 1,000 people gathered at the 42nd annual Forecaster Dinner at the Telus Convention Centre in Calgary on Thursday, “I’m not going to sugar coat it — we are going to have less investment in Western Canada than we’ve […]

Stock exchanges opt for lottery to award POT ticker symbol to some lucky company

Canadian stock exchanges have decided to award the rights to use the “POT” ticker symbol via a lottery, after a deluge of requests for the marijuana-related moniker. After what the exchanges call “significant interest” in using the symbol, the Canadian Securities Exchange, the Toronto Stock Exchange, the TSX Venture Exchange, and the Aequitas Exchange have jointly […]

‘Greed is a powerful weapon’: Are illegal kickbacks in Ontario driving up the cost of your generic drugs?

A hidden camera investigation and confidential documents obtained by CBC’s The Fifth Estate raise questions about whether Canada’s largest pharmaceutical distributor is profiting from illegal kickbacks on sales of generic drugs in Ontario. Studies have shown this practice drives up the cost of generic drugs for all Canadians. McKesson Canada, which distributes pharmaceutical drugs to more […]

Canada abetting Washington’s ‘new Cold War’ with Huawei arrest, says economist

The arrest of a Chinese tech executive is yet another example that the U.S. is creating “a new Cold War” in international trade, says economist Jeffrey Sachs, who adds that Canada is abetting its southern neighbour. Canadian officials arrested Meng Wanzhou, the chief financial officer of the Chinese telecommunications firm Huawei, in Vancouver on an extradition […]

Ford government to recall legislature next week to introduce back-to-work bill for power workers

Ontario’s Progressive Conservative government will recall the legislature next week in order to enact back-to-work legislation to keep power workers on the job and prevent widespread outages, a government official has told CBC Toronto. Earlier Thursday, an official had said that the government was prepared to recall the legislature. By the afternoon, it was confirmed that […]

TransCanada can resume some pre-construction work on Keystone XL, judge rules

A judge in Montana ruled last week that TransCanada can resume some pre-construction work on the Keystone XL pipeline. The Calgary-based company successfully argued to U.S. District Judge Brian Morris on Wednesday that it should be allowed to resume project development (like engineering and awarding contracts) and meetings with regional stakeholders, despite the fact construction on the pipeline has […]

Agribition panelists encourage Sask. First Nations to explore economic potential of cannabis production

Cannabis has been a hot topic all year — and a Wednesday panel discussion at the Western Canadian Agribition aimed to explore the economic potential for First Nations communities following legalization of recreational pot. The annual livestock show and agriculture festival, which kicked off at Evraz Place in Regina on Monday, featured an Indigenous Agriculture Summit on Wednesday, […]

Facebook admits it conducted opposition research on Soros, other critics

Facebook’s outgoing head of communications is taking the blame for hiring Definers, the public relations firm doing opposition research on the company’s critics, including billionaire philanthropist George Soros. In a Facebook post that went up late Wednesday, Elliot Schrage said the responsibility to hire Definers rests with him and that he approved the decision to […]

Culinary tourism hobbled by taxes, labour shortages, says internal report

The Liberal government’s grand plan to make Canada a “culinary destination” for foreign tourists — think poutine or potted moose — is getting some turbulence from restaurant owners. Internal consultations with restaurateurs show they’re bristling over a new federal alcohol tax and struggling with shortages of uniquely Canadian food items that tend to be produced for […]