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Latest news coverage of Canadian markets

Tilray's stock surges after being selected to supply cannabis to France's ANSM for experimentation

Shares of Tilray Inc. surged 3.6% in premarket trading Tuesday, after the Canada-based cannabis company said it has been selected by France's National Agency for the Safety of Medicines and Health Products (ANSM) to provide medical cannabis products for experimentation. Tilray said it will suppl...

BlackBerry stock rockets again, as company says it is 'not aware' of reason for recent trading activity

Shares of BlackBerry Ltd. soared 31.1% toward a more-than 9-year high in morning trading Monday, to extend the rocket-ride seen over the past seve...

UPS to sell freight business to TFI for $800 million as part of 'better not bigger' plan

Shares of United Parcel Service Inc. announced Monday an agreement to sell its UPS Freight (UPSF) business for $800 million to Canada-based trucki...

Telus International sets IPO terms, to be valued at up to $5.6 billion

Telus International Inc. has set terms for its initial public offering, in which the Canada-based telecommunications company looks to raise up to a...

UPDATE: Aurora Cannabis $125 million capital raise may not be enough if it's serious about the U.S.: Jefferies analyst

Aurora Cannabis Inc.'s $125 million bought-deal financing is not surprising, but may not be enough for the Canadian company to establish a needed ...

Zenabis enters C$60 million revolving credit agreement to refinance debt held by Sundial

Zenabis Global Inc. said Friday it has entered a revolving credit agreement with a Canadian private debt fund for up to C$60 million ($47 million)...

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Construction of Keystone XL pipeline halted as Biden moves to cancel permit

Construction on the long disputed Keystone XL oil pipeline halted Wednesday in anticipation of incoming U.S. President Joe Biden revoking its permit.

BlackBerry's stock soars toward a record 4-day rally, and highest close in nearly 3 years

The U.S.-listed shares of BlackBerry Ltd. surged 4.4% toward a near three-year high in afternoon trading Wednesday, to extend the record rally over the past several days. The Canada-based cyber-security software company's...

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Canada pleads case for controversial Keystone oil pipeline with Biden administration

Canadian Prime Minister Justin Trudeau said Tuesday that his officials have already made the case to U.S. President-elect Joe Biden’s incoming administration for a long disputed oil pipeline that reports say Biden will can...

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3 lessons from the Carrefour mess for M&A buyers eyeing Europe

The writing was on the wall as soon as French economy and finance minister Bruno Le Maire said he wasn’t in favor of the deal.

UPDATE: Aphria stock price target raised by Stifel but analysts caution on stretched valuation

Shares of Canadian cannabis company Aphria Inc. rose 4.4% in premarket trade Tuesday, after Stifel raised its stock price target to C$15.50 ($12.18) from C$9.80, and said recent results underscore the company's long-term ...

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Facing opposition from Biden, Keystone pipeline developer pledges zero emissions

The Keystone oil pipeline’s developer plans to announce a series of overhauls—including a pledge to use only renewable energy—in a bid to win President-elect Joe Biden’s support for the controversial project.

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Wind, rain, heavy snow batter New England, eastern Canada

A storm lashed parts of New England and eastern Canada on Saturday with heavy rain, snow and wind, leading to power outages and slick roads.

Canopy Growth says it has an option to acquire more than 10% of TerrAscend

Canadian cannabis company Canopy Growth Corp. on Thursday filed an early warning report on Thursday relating to an option it has acquired, which if exercised, would give it a greater than 10% stake in TerrAscend Corp. Com...

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Carrefour shares slump on French resistance to Canadian takeover plan, while European stocks rise on Biden stimulus hopes

Shares of French supermarket owner Carrefour stumbled on Thursday, surrendering gains after France's finance minister objected to a proposed foreign takeover.

Air Canada to cut 1,700 jobs, reduce capacity by one-fourth

The U.S.-listed shares of Air Canada shed 2.0% in midday trading Wednesday, after the Canada-based air carrier said it will cut 1,700 jobs as part of a network adjusted that includes cutting capacity by an additional 25%....

Bausch Health says annual revenue will exceed guidance, stock gains

Bausch Health Corp. shares gained more than 5% in after-hours trading Tuesday after the company announced that its annual revenue will come in higher than its guidance. Bausch Health, formerly known as Valeant Pharmaceuti...

OrganiGram stock drops after cannabis company reports wider loss, revenue miss

The U.S.-listed shares of OrganiGram Holdings Inc. dropped 2.3% in premarket trading, as the Canada-based cannabis company reported a much wider fiscal first-quarter net loss and net revenue that fell more than forecast, ...

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Cannabis stocks stage strong rally as prospect of Democratic Senate spurs reform hopes

Cannabis stocks staged a strong rally on Wednesday, with most Canadian and U.S. companies posting double-digit percentage gains, buoyed by hopes the Democrats may take the Senate and pursue a more pro-reform agenda.

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Cannabis-industry investors ‘are likely overestimating the odds for federal decriminalization,’ analyst says

While cannabis stocks soar this week after Democratic wins in Georgia's runoffs put the party in control of the U.S. Senate, one analyst warns the rally looks overdone.

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Quantum computing is so last-decade. Get ready to invest in the final frontier… teleportation

Scientists just took one small step for teleporting humans but one giant leap for quantum computing, and it may be time to start looking at how to invest in this big shift.