Canadian Markets
Latest news coverage of Canadian markets
NextPoint strikes restructuring deal to sell assets
NextPoint Financial has reached a restructuring deal to sell assets and substantially reduce its debt.
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Aurora Cannabis stock edges up in premarket as it sells a grow facility for about $11.4 mln to build up cash
Aurora Cannabis Inc. ACBCA:ACB stock was up 0.2% in premarket trades Monday after the cannabis company said it has sold its Medicine Hat, Alberta facility, also called the Aurora Sun Facility, to Bevo Farms Ltd. for up to ...
Netflix drops basic streaming plan in push for more users of ad-supported plan
The company has dropped its cheapest streaming plan without ads in the U.S. and U.K. in an apparent move to push consumers to sign up for its advertising-supported service.
Here was the buzz on oil at the Calgary Stampede
To hear analysts at RBC Capital Markets tell it, the oil world of Canada isn't that optimistic surrounding oil.
Lion Electric stock soars toward a 5-month high after EV maker announces $142 million in financing agreements
Shares of Lion Electric Co. LEV charged up 11.8% toward a five-month high in morning trading Monday, after the electric semi truck and bus maker announced financing agreements that results in gross proceeds of $142 million...
Once-mighty Canopy Growth loses billions as dream of pot riches runs into reality of oversupply and overspending
Led by Cannabis Growth's roughly $19 billion drop in market value, Canadian cannabis companies have lost more than $62 billion since their peak.
BYND Cannasoft stock drops on announced secondary offering
Shares of BYND Cannasoft Enterprises Inc. BCAN shares dropped in the extended session Friday after the cannabis business software company said it was issuing a secondary offering. BYND Cannasoft shares fell 19% after hours...
Canopy Growth strikes deal with lenders to reduce debt by $333 million over next six months
The troubled Canadian cannabis company has struggled to make money and issued a going-concern warning last month.
Tentative deal reached in nearly 2-week port strike on Canada’s west coast
The strike by 7,400 members of the union began July 1 and shut down more than 30 west coast ports, including Canada’s largest, the Port of Vancouver.
Liminal BioSciences stock rockets on take-private deal with a fund managed by Thomvest Asset Management
Liminal BioSciences Inc. LMNL stock is rallying 41.7% in premarket trades on Wednesday after the company said it agreed to go private at a price of $8.50 a share. Structured Alpha LP, a fund managed by Thomvest Asset Mana...
Meta is in good shape — even without Threads and its strong debut
KeyBanc raised its price target for Meta's stock because of healthy fundamentals that don't even include the boost from Threads.
Curaleaf issues statement on reported interest in Cronos
Curaleaf Holdings Inc. CA:CURA responded late Friday to reports it was among those interested in buying Canadian cannabis company Cronos Inc. CRON. Curaleaf said the Canadian Investment Regulatory Organization had requeste...
Cannabis company Cronos Group confirms merger talks but says it’s too early to say if it’ll reach a deal
Canadian company backed by U.S. tobacco giant Altria is reportedly in talks with Curaleaf as it confirms merger negotiations with a number of unnamed suitors.
Bausch Health’s stock rallies after $600 million financing agreement with KKR
Shares of Bausch Health Companies Inc. BHC rallied 2.1% in premarket trading Friday, after the pharmaceutical company announced a $600 million financing facility with KKR & Co. Inc. KKR, an alternative asset management fir...
Curaleaf says it does not comment on market speculation amid reports it may be interested in Cronos
Curaleaf Holdings Inc. CURLF said Friday that it does not comment on market speculation after reports suggested it may be involved in a transaction. “The Company does not intend to make further comment unless required by l...
Canada’s government to stop advertising on Facebook and Instagram after Meta says it will block news
Canada's move is the latest episode in a dispute that started after Trudeau's administration proposed a bill that would require technology companies to pay publishers for linking to or otherwise repurposing their content ...
