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News: Money

Aurora Cannabis is becoming the Berkshire Hathaway of pot

Wednesday  05:26,   26 september 2018
marketwatch

Canada-based Aurora Cannabis Inc. tripled its revenue thanks to bigger weed sales in the final quarter of its fiscal year, but the pot producer’s profit gains were mostly the result of a different business: investing in other marijuana companies....[...]

Alberta ministers going to Ottawa to fight C-69

Wednesday  05:05,   26 september 2018
msn

Alberta cabinet ministers are heading to Ottawa to push for changes to federal legislation that would overhaul energy project reviews. Premier Rachel Notley said Tuesday that Energy Minister Marg McCuaig-Boyd and Environment Minister Shannon...[...]

On Trump Day at the UN, Canada turns on charm

Wednesday  05:05,   26 september 2018
msn

Canada embarked on a high-level Big Apple charm offensive of sorts Tuesday as U.S. President Donald Trump barrelled into the UN General Assembly with his trademark bombast and braggadocio, singing the praises of his protectionist "America First"...[...]

Suze Orman says this is the biggest mistake you can make with your retirement savings

Wednesday  00:50,   26 september 2018
cnbc

Don't set yourself up for double taxation, warns the author and financial adviser Suze Orman.That's why you shouldn't use money from your retirement fund to pay off your student loans or eliminate credit card debt, says the financial expert and...[...]

Big Oil warns of backlash as it makes vow on climate change

Wednesday  00:50,   26 september 2018
msn

The world’s biggest oil and gas companies made an unprecedented vow to cut their contributions to global warming, even as they warned of a potential backlash from pushing change too quickly. A collection of 13 energy luminaries, including the heads...[...]

Instagram co-founders resign with no explanation

Tuesday  21:25,   25 september 2018
cbc.ca

Instagram co-founders resign with no explanationChief executive Kevin Systrom said in a statement late Monday that he and Mike Krieger, Instagram's chief technical officer, plan to leave the company in the next few weeks and take time off "to...[...]

How Trump split Mexico and Canada in NAFTA talks

Tuesday  15:51,   25 september 2018
reuters

How Trump split Mexico and Canada in NAFTA talksA day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from U.S. President Donald...[...]

Canadian retail investors no longer the only game in town for cannabis stocks

Tuesday  13:05,   25 september 2018
financialpost

Shares of Canadian-based cannabis producers are increasingly finding a home in the portfolios of three other kinds of investors: American, institutional and unwitting , possibly.“In meteoric fashion, some of the now-large cannabis companies have...[...]

Mortgages Soar For Canadians In Their 80s, 90s

Tuesday  08:51,   25 september 2018
huffingtonpost.ca

With new mortgage rules and higher interest rates putting the squeeze on Canadian homebuyers, some have found a new approach: Get the parents (or grandparents) to bankroll your purchase. The number of mortgages issued to people in the pre-war...[...]

Self-made millionaire Ramit Sethi: This is the mindset you need to be rich

Tuesday  06:50,   25 september 2018
cnbc

Author of "I Will Teach You to be Rich" and self-made millionaire Ramit Sethi tells CNBC Make It the difference in the mindset between people who become wealthy and people who don't."I want to encourage you to think about your mindset," Sethi...[...]

Aurora Cannabis Q4 revenues more than triple

Tuesday  04:25,   25 september 2018
msn

Aurora Cannabis Inc. capped a busy year by seeing its revenues more than triple to $19.1 million in the fourth quarter. The Edmonton company says revenues for the three months ended June 30 were up from $5.9 million a year earlier.The company said...[...]

California urges Trump to drop plan for weaker fuel standard

Tuesday  04:25,   25 september 2018
msn

California officials demanded Monday that the Trump administration back off a plan to weaken national fuel economy standards aimed at reducing car emissions and saving people money at the pump, saying the proposed rollback would damage people's...[...]

Keystone XL developer plans to start construction in 2019

Monday  22:06,   24 september 2018
msn

Keystone XL developer plans to start construction in 2019Load...[...]

Sobeys parent company to acquire Farm Boy

Monday  17:27,   24 september 2018
msn

Sobeys parent company to acquire Farm BoyEmpire Co. Ltd. says the acquisition, which values the Ontario-based chain of grocery stores at $800 million, includes 26 Farm Boy locations in the...[...]

Canadian borrowers will feel this week's U.S. interest rate hike: Don Pittis

Monday  13:26,   24 september 2018
cbc.ca

The world will feel the effect as U.S. Federal Reserve Chair Jerome Powell is expected to raise rates this week — and then keep raising them.But the near certainty so cherished by market traders — who hate rude surprises — will provide little...[...]