The B.C. Parks Foundation is raising money to try to buy an Island off the coast of Nanoose. Each year, the foundation chooses one place to concentrate its fundraising efforts. This year it picked the 40-hectare West Ballenas Island in the Strait of Georgia, “one of B.C.’s most threatened environments,”...
Kraft Heinz says the production of Heinz Ketchup is returning to Canada, with the company's Montreal factory set to begin making the iconic condiment next summer. The ketchup maker says the decision to move production back to Canada from the U.S. comes after a joint investment between Kraft Heinz Canada...
U.S. financial markets will pause Monday in observance of Presidents Day — which, technically, is not the name of the holiday. The New York Stock Exchange and Nasdaq will be closed on Feb. 15. And the Securities Industry and Financial Markets Association, or Sifma, is recommending no trading in dollar-denominated...
The Bank of Canada expressed optimism about the prospects of a strong recovery later this year despite a run of weak data, keeping expectations intact for a resumption of bond tapering in October. In a statement Wednesday from Ottawa, policy makers left their key interest rate at a historic low...
Bitcoin and ether tumbled on Wednesday to 3-1/2 month lows, on track to post their largest one-day loss since March last year, in the wake of China’s move a day ago to ban financial and payment institutions from providing cryptocurrency services. At one point during the meltdown, nearly US$1 trillion...
The Dogecoin price is rebounding after crashing by more than 50% during the weekend. DOGE, the so-called meme currency, is trading at $0.3330, which is about 45% above where it was during the weekend. It is valued at more than $42 billion and is the sixth-biggest digital currency in...
The link between Lucid Motors and Churchill Capital Corp IV CCIV 0.05%. shows no signs of slowing down and the deal could be getting close to being formally announced. What Happened: Lucid Motors is nearing a deal with Churchill Capital Corp IV to go public. The deal would value the...
Housing affordability in the Greater Toronto Area (GTA) continued to worsen in January as a severe lack of listings heightened competition between buyers. New data showed home sales dropped 18.2 per cent year-over-year in the month, with 5,636 properties changing hands. Although sales were down across all property types, it...
One of the most difficult problems in finance right now is figuring out the fundamental economic value of cryptocurrencies. And the past week has complicated this further. For many cryptocurrency investors, the value of Bitcoin is based on the fact it is artificially scarce. A hard cap on “minting” new...
When Jaydyn Carr unwrapped his GameStop shares his mom gifted him for Kwanzaa two years ago, neither mother nor son expected he'd eventually be in the middle of a stock surge. Stock talks this week are centering on small investors, but Jaydyn might be the smallest and youngest, at least...