TORONTO – You won’t find brightly coloured bongs or bubble gum-flavoured rolling papers displayed from the backdrop of exposed brick and modern, industrial-style furnishings at Tokyo Smoke. Canada’s licensed pot producers face uncertainty after court says patients can grow their own In a choice Wednesday, federal court judge Michael Phelan gave patients the right to grow their own marijuana, arguing ...
Read More »Quebec union seeks injunction to force Air Canada to conduct all heavy maintenance in province
MONTREAL — The Quebec Federation of Labour needs a lasting injunction to force Air Canada to conduct all of its heavy maintenance of its fleet in the united states. The union filed a request Friday with the Quebec Superior Court calling on the airline to respect its obligations under the 1988 Air Canada Public Participation Act to keep heavy maintenance ...
Read More »Imperial Oil Ltd seeks approval for new $2-billion oilsands project near Cold Lake
CALGARY C Imperial Oil Ltd. has revealed plans for a new $2-billion oilsands plant at a time its competitors have cancelled or deferred new projects to outlive the oil price collapse. Imperial, among the largest oil and gas companies in Canada, announced Friday it had filed a credit card applicatoin using the Alberta Energy Regulator to construct a 50,000 barrel ...
Read More »Veresen still working to sign up buyers for Jordan Cove LNG project in Oregon
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Read More »The U.S. bull market staggers to its seventh birthday
The bull market celebrates seven years this month, but economists say that increased volatility and the decreasing effectiveness of economic “bazookas” to rally risk assets suggest the bull is running out of steam. Nonetheless, the S&P 500 has managed to rally because the post-financial crisis lows of March 2009, even while a European debt crisis, a fiscal deadlock in Washington ...
Read More »Why Alberta-based Parkland Fuel Corp is in no rush to see oil prices rise
It’s been an active many months for Bob Espey. In June, his company, Parkland Fuel Corp., completed a transformative, $378-million purchase of retail gasoline station operator Pioneer Energy Group. Then last week, Parkland made two more deals, obtaining 80 On the move stores from Imperial Oil Ltd. for an undisclosed sum and adding a $22.5-million purchase of Propane Nord-Ouest, a ...
Read More »Lawrence Solomon: Why Fox News is still clobbering the media competition
On just about any day’s the entire year, year in year out, Fox News draws more viewers than CNN. More than MSNBC. Often, Fox News draws a lot more than each of them combined. Even though many major media are in decline, losing audience due to competition from social networking and new media, Fox News keeps setting records. We are ...
Read More »Wall Street tours Tesla factory — and loves what it sees — as company poised to release its first mass-market car
Wall Street analysts have been touring Tesla’s massive factory in Fremont, Calif., and they’re returning with the same conclusion: Elon Musk’s electric-vehicle company is getting ready for something big. Inside a sign of this enthusiasm, Robert W. Baird & Co. upgraded its Tesla rating on Monday morning carrying out a factory tour. Tesla spent some US$1.6 billion on major upgrades this past year because ...
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