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Latest news coverage of Canadian markets

Edesa Biotech shares jump 14% premarket after early review of COVID treatment finds it should continue trial

Edesa Biotech Inc. shares jumped 14% premarket on Friday, after the Canadian biotech, which is listed on Nasdaq, said an interim review of its one-dose COVID-19 treatment candidate found it should continue the study as planned. Toronto-based Edesa said an independent data and safety monitoring b...

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Get rid of the G-7. It’s as relevant as the League of Nations.

Ocugen's stock is up 14% after announcing manufacturing partner for experimental COVID-19 shot

Shares of Ocugen Inc. gained 14.3% in premarket trading on Tuesday after the company said it picked Jubilant HollisterStier, a privately held phar...

Hexo stock price target cut by Stifel and AGP after earnings disappoint, but pending deals are viewed as positive

Stifel analysts reiterated their hold rating on shares of Canadian cannabis company Hexo Corp. on Tuesday and lowered their price target to C$7.50...

Hexo shares slide almost 5% premarket after third-quarter earnings fall far short of estimates

Hexo Corp. shares slid 4.8% in premarket trade Monday, after the Canadian cannabis company posted a wider-than-expected loss for its fiscal third ...

Canadian cannabis company Cronos purchases option to acquire 10.5% stake in PharmaCann for $110.4 million

Cronos Group Inc. said Monday it has purchased an option to acquire a 10.5% stake in U.S. cannabis company PharmaCann in a deal valued at $110.4 m...

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Biden urges G-7 leaders to call out, compete with China

Leaders of the world's largest economies on Saturday unveiled an infrastructure plan for the developing world to compete with China's efforts, but the democracies didn't immediately agree on how to publicly call out Beijin...

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See photos of the ‘ring of fire’ solar eclipse that captivated the world on Thursday

A 'ring of fire' solar eclipse illuminated the sky on Thursday and quickly became a trending topic

IM Cannabis stock rallies toward an 8-day win streak after bullish analyst call

The U.S.-listed shares of IM Cannabis Corp. rallied 3.2% in afternoon trading Thursday, putting them on track for an eighth straight gain, after a bullish call from Alliance Global Partners analyst Aaron Grey, saying the ...

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No major stock indexes are on a path to hit the 2°C Paris climate goal — here’s which market runs the hottest

No major stock indexes are currently on a pathway to hit the broadly used 2°C global warming target, much less the more aggressive 1.5° target that is increasingly pushed by environmental interests, according to a new repo...

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Keystone XL pipeline project scuttled, in major win for environmentalists

The sponsor of the Keystone XL crude oil pipeline said Wednesday it is pulling the plug on the contentious project after Canadian officials failed to persuade President Joe Biden to reverse his cancellation of its permit o...

Hexo to offset carbon emissions and plastics packaging by September 2021

Hexo Corp. announced Tuesday its commitment to offsetting all of its operational carbon emissions and the carbon emissions of its 1,200 staff members, including powering their homes and food consumption, by September 2021...

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‘It’s horrific’: 4 killed as driver intentionally plows into Muslim family near Toronto, police say

A driver plowed a pickup truck into a family of five, killing four of them and seriously injuring the other in a deliberate attack that targeted the victims because they were Muslims, Canadian police said Monday.

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Questions raised about G-7 landmark corporate tax deal

Critics argue that the rate is too low, and that a loophole could allow Amazon to evade the tax.

Canadian cannabis company Cronos amends agreement with Ginkgo, to issue up to 14.7 million shares

Canadian cannabis company Cronos Group Inc. said Friday it has amended its agreement with Ginkgo Bioworks Inc. to accelerate the commercialization of cultured cannabinoids at scale. Cronos has had a research partnership w...

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Twitter unveils Twitter Blue subscription offering, starting in Canada and Australia

Twitter Inc. is beginning the rollout of its new subscription offering, which will give users the ability to better organize bookmark and correct mistakes in tweets shortly after finalizing them.

GM stock jumps after call for first-half results to be 'significantly better' than expected

Shares of General Motors Co. jumped 3.2% in premarket trading Thursday, after the automaker said it expects first-half 2021 financial results to be "significantly better" than previous guidance, given its "success" in dea...

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Cannabis stocks rally after Amazon endorses legalization

Cannabis stock traded broadly higher Wednesday, after ecommerce behemoth Amazon.com Inc. effectively endorsed the sector by saying it will support the federal legalization of marijuana.

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U.K. gets green light on trade talks with successor to the Trans-Pacific Partnership

The 11 countries in a major Pacific trading bloc agreed on Wednesday to allow the U.K. to begin the process of joining the group.

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Millions of U.S. jobs depend on the Biden administration respecting America’s No. 1 trade partner — and it’s not China

Canada is the top destination for U.S. exports and U.S. politicians should choose their trade battles carefully.

Canopy Growth reports wider-than-expected loss, but stock gains

The U.S.-listed shares of Canopy Growth Corp. rose 0.8% in premarket trading Tuesday, even after the Canada-based cannabis company reported a wider-than-expected fiscal fourth-quarter loss and revenue that rose less than ...