Canada

G Mining Ventures Spends $638M To Buy Reunion Gold Guyana Project
Canada's Capital Gains Tax Rate Jumps To 67%: 'Highly Indebted Western Governments Have Promises To Keep, Wars To Fund,' Strategist Says
New Canadian Budget Deemed Mixed Bag For Mining Sector
Canada's Capital Gains Tax Rate Jumps To 67%: 'Highly Indebted Western Governments Have Promises To Keep, Wars To Fund,' Strategist Says
New Canadian Budget Deemed Mixed Bag For Mining Sector
Gold Road Considers Major Stake In Greenstone; Investors Wary Of Potential High Costs
Meta's Move To Block News Erodes 'Signals Of Reliability' As Right-Wing Memes Thrive On Canadian Facebook: Report

Canada Recent News

Moomoo's Renewed Nasdaq Partnership Enhances Client Trading Experience
Investment and trading platform Moomoo partnered with Nasdaq, offering its users a complimentary three-month subscription to Nasdaq TotalView.
Why This Lundin Mining Analyst Is Turning Bullish
Lundin Mining Corp (OTC: LUNMF) shares were climbing in early trading on Wednesday.
'Terrible Tragedy': Sri Lankan Family Killed In Canada, 19-Year-Old Student Arrested For 6 Counts Of Murder
A Sri Lankan family was found dead in Ottawa, Canada, with a 19-year-old Sri Lankan student arrested for the murders.
'The Answer Cannot Be China,' Canada's Wilkinson Says: Mining Scrutiny Intensifies As SRG Scraps Deal
"We need to be working to solve access to capital issues, but the answer cannot be investment from Chinese state-owned industries," Jonathan Wilkinson tells Bloomberg.
Canadian Lab Scientists Sacked For Transferring Secrets To China: Report
The couple, Xiangguo Qiu and Keding Cheng, were reportedly seen as a "realistic and credible threat to Canada's economic security," according to the documents.
Justin Trudeau Pushes 'Online Harms Act' To Hold TikTok, Meta, Google Accountable
Canadian Prime Minister Justin Trudeau introduces the Online Harms Act, aiming to compel major tech companies like TikTok and Facebook to actively regulate and remove harmful online content, backed by penalties including potential life imprisonment for hate crimes, marking a significant step in global efforts to address online safety.
Teck Resources Achieves Record Copper Production, Targets To Close Glencore Deal By Q3
Teck Resources beat earnings estimates for Q4 2023, driven by strong coal and copper sales, positive outlook for copper prices.
Tesla Executive Responds To Canadian Customer Requests For Full-Self Driving Subscription Options: 'Looking Into This One Now'
Rivian Pauses Deliveries In Canada, Plans To Resolve Non-Compliance With OTA Update
California-based EV company Rivian Automotive Inc has halted deliveries of its R1 vehicles in Canada as it awaits a software update to make its daytime running lamps brighter.
Muddy Waters Shorts Fairfax Financial Holdings: 'Not The Berkshire Hathaway Of Canada'
Carson Block, founder of Muddy Waters Research, exposes financial manipulation at Fairfax Financial Holdings Limited, leading to a 9% drop in stock. Block criticizes CEO's family involvement, PwC's auditing, and overvalued assets, seeking accountability.
Tesla Slashes Model Y Prices in Canada, Top-End Model Now $3000 Cheaper
The Model Y Performance is now priced at C$69,990, down 5.8% or C$4,300 from the earlier starting price of C$74,290.
Canadians View Psilocybin Therapy As 'Reasonable Medical Choice' For End-Of-Life Distress, New Study Reveals
A vast majority of Canadians believe that psilocybin-assisted therapy is a reasonable medical option for people experiencing existential distress at the end of life, according to a recent survey. The study, conducted by a team of 12 experts and published in the journal Palliative Care, found that 79.3% of respondents considered the therapy a valid choice for those in the final stages of life. The survey also revealed that 84.8% of Canadians believed the costs of such interventions should be covered by the public health system, while 63.3% supported the legalization of psilocybin for medical purposes. The study, based on 2,800 complete questionnaires collected from four provinces in Canada, highlights the growing acceptance and interest in psychedelic therapies as a potential tool to address end-of-life distress.
Canadian Company Lifeist Says Farewell To Cannabis Business Unit, Turns To Nutraceuticals
Canadian wellness company Lifeist has agreed to sell its CannMart cannabis subsidiaries to 1463663 B.C. for $3.72m. The deal, which is expected to improve cash flow and operational costs, will see all shares of the CannMart Group transferred to the buyer. The consideration of $5m plus adjusted inventory will be paid to Lifeist as follows: $500,000 cash will be paid upon the transaction's completion, with a further $4.5m in a senior secured vendor takeback loan paid through monthly repayments. Additionally, Lifeist will receive equity warrants to acquire 9.9% of Tierra Corp's equity, as parent company of 1463663 B.C. Once the deal is finalised, Lifeist will be freed to operate in the nutraceutical sector, with North America's $88.3bn predicted to grow to $118.7bn by 2028, according to the company.
Top Canadian Cannabis Producers Caught In International Controversy Over Imports
Israel's Trade Levies Unit launched an anti-dumping investigation into the import of medical cannabis from Canada, saying it causes injury to the domestic cannabis industry in Israel.
Meta Offers $51M To Resolve Ads Lawsuit With Canadian Facebook Users In Four Provinces
Facebook's parent company, Meta Platforms Inc, is proposing a $51 million settlement in response to a class-action lawsuit in Canada. The lawsuit alleges unauthorized use of users' images in Facebook ads.
Cannabis Companies Partner To Provide Seed-to-Pharma Products Globally
Benuvia and PharmaCielo partner to create cGMP-grade cannabis APIs, setting new global pharmaceutical standards.
Tilray Expands Weed Drink Selection, Here's What RIFF Brand Has In Store For Cannaseurs
Canadian cannabis company Tilray has launched two new ready-to-drink THC and CBG-infused beverages as part of its RIFF brand. The RIFF BOOST drinks are available in Tropical Burst and Vanilla Frost flavours, and each contains 10mg of THC, 10mg of CBG and 30mg of naturally occurring caffeine from guarana extract. The beverages are available in 355ml cans. Tilray's RIFF brand debuted its first cannabis-infused beverages in July, with the introduction of sparkling THC drinks in Blue Raspberry Ice and Wild Raspberry Lemonade flavours. The new RIFF BOOST drinks are available in select regions and retailers in Canada, including Alberta, Manitoba and Ontario. Tilray expanded its cannabis beverage portfolio in November with products from its XMG and Mollo brands.
Canada-Grown Cannabis Now Available In UK As Analysts' Top Canadian LP Makes Breakthrough
Canadian cannabis company Village Farms International has announced the launch of two leading cannabis brands, Pure Sunfarms and The Original Fraser Valley Weed Co., in the UK. The products will be distributed by 4C LABS, a UK medical cannabis company. The launch includes three of Village Farms' most popular strains in Canada – Pink Kush, Jet Fuel Gelato and D. Burger. This move allows the company to expand in global medical cannabis markets including Germany, Australia and Israel.
Ontario Doubles Retail Weed Cap, More US States Eye Joining Cannabis Legalization Wave
Ontario government has made changes to Ontario Regulation 468/18 under the Cannabis Licence Act of 2018, allowing cannabis retailers in the province to operate a maximum of 150 stores. In the meantime, South Dakotans for Better Marijuana Laws (SDBML) recently had their circulator handout approved by the secretary of state's office.
EXCLUSIVE: Coinbase Conquers Canadian Crypto Market, Sets Sights On Future Growth
Following Coinbase Global Inc's (NASDAQ:COIN) launch in Canada, Benzinga spoke with the exchange’s Canada Country Director Lucas Matheson to discuss the expansion and plans
What's Going On With Marijuana-Giant Tilray Brands?
Tilray Brands, Inc. (NASDAQ: TLRY) shares are trading higher Thursday, and the stock is up by more than 20% over the past five days.
Canadian Teens Find Cannabis Harder To Get Post-Legalization, Study Finds
New study shows Canadian teens find it harder to access cannabis after 2018 legalization, with a notable decrease in usage and availability.
Explosive Growth In Global Cannabis Market, Doubling To $50B In Sales By 2027: Report
The global recreational marijuana market is poised for explosive growth, with legal sales expected to nearly double to $50 billion by 2027, according to a new report from Prohibition Partners.