Highlights / investment

Economy, Society

Couche-Tard invests in an Alberta cannabis retailer

Giant Quebec-based convenience store Couche-Tard is investing in in Edmonton’s Fire & Flower cannabis retailer to officially enter the marijuana market. Alimentation Couche-Tard Inc. has nearly 10,000 stores across North America. It also has nearly 3,000 in Europe and more »

Economy, Society

Rental costs across Canada: Prices increase while unit size decreases

A new survey of average costs of rental housing shows the most expensive area in Canada is Toronto. In fact, according to Rentals.ca commissioned survey from Bullpen Research, while Toronto proper has the highest cost, nine of the top ten »

Economy

U.S. tobacco giant to invest $2.4B in Canadian cannabis producer

American tobacco giant Altria Group, the maker of Marlboro cigarettes, announced Friday that it will make a $2.4 billion equity investment in the Canadian cannabis producer Cronos Group. Under the initial investment, Altria will acquire a 45 per cent ownership »

Economy, International

Trade deal collapse would cut growth, jobs in Canada

If U.S. President Donald Trump follows up on his threats to terminate the free trade agreement between the U.S., Canada and Mexico (NAFTA), that would kill about 85,000 jobs in Canada and about half a percentage point of growth in »

Environment, International

Coal investments subvert Canada’s climate policy: advocacy group

Canadian pension funds and corporations are subverting federal government efforts to phase out coal worldwide, says John Bennett, senior policy advisor with the Friends of the Earth Canada. Canada named 8th largest investor in coal In October 2017, Canada teamed »

Economy

Quebec to invest $1 billion US in Bombardier

Canada’s largest aerospace company Bombardier Inc. will get a $1 billion US investment from the Quebec government as the over-budget CSeries jetliner project continues to drain the planemaker’s cash reserves. Quebec agreed to buy 49.5 per cent of the CSeries »

Health, Society

Doctors’ association drops fossil fuel investments

In a symbolic move against climate change and air pollution, the Canadian Medical Association (CMA) has decided to divest its investments in fossil fuel companies. At its general council meeting, Dr. Courtney Howard said her work in Canada’s north brought »

Economy, International

Canadian pension fund to invest in China

The Canadian Pension Plan Investment Board (CPPIB) has signed a joint venture deal with a Chinese developer in a major real estate project in Suzhou. The city with its population of some 10 million, is the fifth most affluent in »