Canada’s Economy Expands by Record 40.5% in Q3, But Momentum is Already Beginning to Fade Amid Second COVID-19 Wave
The third quarter saw Canada’s economy expand by the most on record, with GDP growing at a 40.5% annualized pace. However, the economic growth is still lower than the 48% increase projected by economists, with preliminary October data suggesting that the momentum has already faded since. According to the latest data released by Statistics Canada, […]
Mining For Gold In Idaho – The Daily Dive feat Oliver Friesen of Gold Lion Resources
Today, Daily Dive host Cassandra Leah sits down with that of Oliver Friesen, CEO of Gold Lion Resources (CSE: GL), an exploration firm focused on its assets in Idaho and British Colombia. Within, we discuss with Oliver the prospects for gold mining within Idaho, as well as how deposits in the region differs from other […]
Canadian Consumer Debt Surpasses $2 Trillion as Demand for New Credit Escalates Despite Covid-19 Concerns
As a result of Canada’s housing market continuing to make strong gains despite less than ideal economic conditions, as well as an increased demand for new vehicles among Canadians, consumer debt spiked by 3.8% in the third quarter relative to last year’s levels. According to the latest quarterly consumer credit conditions report published by Equifax […]
Organigram: Canaccord Lowers Price Target To $2.50
Yesterday, Organigram Holdings (TSX: OGI) (NASDAQ: OGI) reported their fourth quarter financials. The company announced net revenues of $20.4 million, up 25% year over year, with a $38.6 million net loss. In the year ago period, Organigram had revenues of $86.8 million for the year with a net loss of $136.1 million. Organigram currently has […]
Liberal Government Unveils Further Stimulus Spending as Canada’s 2020 Deficit Nears $400 Billion
Canada’s Liberal government, which is currently pushing the largest 2020 deficit spike compared to all other major economies in the world, has just announced – yes, you guessed it – more fiscal spending. On Monday, Finance Minister Chrystia Freeland announced another $51.7 billion in new spending over the next two years, with a large portion […]
Mind Cure Appoints Kelsey Ramsden As CEO And President
Mind Cure Health (CSE: MCUR) has shaken up its management team slightly, promoting COO Kelsey Ramsden to the role of President and Chief Executive Officer of the company, effective immediately. Former President and CEO Philip Tapley will remain with the company however, where he will continue to serve as Chairman of the board. Ramsden, previously […]
MustGrow Biologics Demonstrates 100% Control Of Panama Disease In Lab Tests
MustGrow Biologics (CSE: MGRO) has received the results from initial laboratory testing that was conducted in Colombia against the Panama Disease. The disease, which has been devastating the global banana industry, has proven to be no match against the firms mustard-derived biopesticide formulation. Testing against the disease with MustGrow’s proprietary formula was conducted by third […]
Hive Blockchain Sees Digital Currency Mining Income Grow 97.4% Quarter Over Quarter
Hive Blockchain Tech (TSXV: HIVE) last night filed its second quarter financial results, reporting revenues of $13.0 million from its digital currency mining, a 97.4% increase over the first quarter revenues of $6.6 million posted by the company. Furthermore, Hive managed to post a net income of $9.3 million, a strong improvement over the $1.3 […]
Kontrol Energy Enters Exclusive Distribution Arrangement Across First Responder And Public Transport Industries
Kontrol Energy Corp (CSE: KNR) this morning announced that it has entered into an exclusive distribution agreement across several specific industries this morning. The arrangement, entered into with that of the United Safety and Survivability Corporation, will see the company provide exclusive distribution terms across a number of industries within North America, Australia, and New […]
PharmaTher To Develop Digital Therapeutics Platform Focused On Psychedelic Therapies
Pharmather Inc (CSE: PHRM) this morning announced that it has amended its sponsored research agreement with that of the University Health Network. The revised agreement, which was originally just focused on the development of panaceAI, will now also include the development of a digital therapeutics platform to combine with potential psychedelic therapies. The digital therapeutics […]