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Hexo to acquire Zenabis in $235-million deal, gain European pot market foothold

Hexo to acquire Zenabis in $235-million deal, gain European pot market foothold

Hexo Corp. will acquire competitor Zenabis Global Inc. in $235-million deal that will give the cannabis company a European foothold and strengthen its domestic business.
Cost of a single Bitcoin exceeds $50,000 for first time

Cost of a single Bitcoin exceeds $50,000 for first time

SILVER SPRING, Md. 鈥 The seemingly unstoppable rise of Bitcoin continued Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The same Bitcoin just one year ago would have cost you $10,000.
January home sales hit new record for the month as prices also post record high

January home sales hit new record for the month as prices also post record high

Canadians didn't let COVID-19 or a lack of housing supply stop them from flocking to the real estate market in January as they snatched up a record number of homes and shelled out more than they had in previous years.
Think you may need to repay CERB? Best to start planning now, experts say

Think you may need to repay CERB? Best to start planning now, experts say

When 20-year-old Alex Coucopoulos got a letter from the government in December telling him he鈥檇 have to pay back $12,000 of pandemic aid, the stress was immediate.
Ontario reopening must be cautious because of variants, mayor of hard-hit city says

Ontario reopening must be cautious because of variants, mayor of hard-hit city says

TORONTO 鈥 The mayor of a community that was hit hard by a COVID-19 variant outbreak is urging people to continue following public health measures when a stay-at-home order lifts for most of the province on Tuesday. Barrie, Ont.
Myanmar security forces intensify crackdown on protesters

Myanmar security forces intensify crackdown on protesters

YANGON, Myanmar 鈥 Security forces in Myanmar pointed guns toward anti-coup protesters and attacked them with sticks Monday, seeking to quell the large-scale demonstrations calling for the military junta that seized power this month to reinstate the e
'Business as usual' for Dorel Industries after terminating go-private deal

'Business as usual' for Dorel Industries after terminating go-private deal

MONTREAL 鈥 Dorel Industries Inc. says it will continue to pursue its business strategy going forward after terminating an agreement to go private after discussions with shareholders. "Moving ahead.
Overheated stock market at risk of bubble in a disconnect from economy, experts say

Overheated stock market at risk of bubble in a disconnect from economy, experts say

TORONTO 鈥 鈥淲e鈥檙e all in this together鈥 has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much bett
Canadian funds move forward with Bitcoin ETFs after regulatory jockeying

Canadian funds move forward with Bitcoin ETFs after regulatory jockeying

TORONTO 鈥 Bitcoin-based exchange traded funds are getting the go-ahead from Canadian regulators, creating a path for a fund structure that investment managers say is unique in the industry.
SNC-Lavalin gets first U.S. contract for hydroelectric engineering services

SNC-Lavalin gets first U.S. contract for hydroelectric engineering services

MONTREAL 鈥 SNC-Lavalin Group Inc. says it has inked its first hydroelectric engineering contract in the U.S., offering services for projects in Pennsylvania as the U.S. government moves to provide more support for clean energy efforts.
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