Category: Canadian News

Stock indexes up sharply in Toronto, New York; loonie down

Canada’s main stock index was up sharply in late morning trading, with energy and mining stocks providing much of the lift. The Toronto Stock Exchange’s S&P/TSX composite index was up 143.10 points to 16,478.25, after 90 minutes of trading. In New York, the Dow Jones industrial average was up 133.10 points to 24,594.80. The S&P…

Kyo Maclear wins $20,000 Trillium Book Award for Birds Art Life

Toronto author Kyo Maclear was named the winner of the $ 20,000 Trillium Book Award for her memoir Birds Art Life, published by McClelland and Stewart, at a gala event at the Toronto Reference Library on Thursday. Fiction and nonfiction books by Ontario authors are eligible for the prize, and awards are handed out for…

Justin Trudeau’s February trip to India cost $1.5M, documents show

OTTAWA—New documents suggest the bills for Prime Minister Justin Trudeau’s troubled trip to India in February exceed $ 1.5 million. The latest figures released by the government include $ 323,000 for hotel stays, $ 485,070 to fly and staff the VIP Airbus for 43.7 hours over the nine-day trip, $ 5,235 for cell phone fees,…

Canadian pot sector may see new deals following legalization

The Canadian marijuana sector is expected to see a new wave of capital inflows from investors and a surge in deals among the companies involved, now that the industry has received the green light to legalize recreational use, according to Eight Capital analyst Graeme Kreindler. Royal Assent, a ceremonial approval from the Governor General and…