TerrAscend Completes 80,000 Square Foot Expansion At New Jersey Operations
TerrAscend Corp (CSE: TER) has completed its expansion project within the state of New Jersey. The company this morning announced the completion of the second phase of construction at the firms cultivation and manufacturing facility, with the phase bringing an additional 80,000 square feet in cultivation capacity online for the firm. With the completion of […]
Hut 8 Mining Conducts $77.5 Million Financing
Money continues to flow into the cryptocurrency sector this morning, with Hut 8 Mining Corp (TSX: HUT) announcing that it has secured a $77.5 million private placement with institutional investors. The placement is to take place at a price of $5.00 per unit, with the closing of the financing to take place in short order. […]
Datametrex To Provide COVID-19 Testing For Air Canada Employees
Datametrex AI (TSXV: DM) this morning issued a brief press release, notifying the market that it is now providing COVID-19 testing services for that of Air Canada. As previously alluded to via a leak over social media by the airline, Datametrex is an approved vendor of Air Canada, with the company now providing testing for […]
Norway Becomes First Country to Overtake Gasoline and Diesel Models With Electric Vehicle Sales
It appears that Norway has taken the lead in the electrification of vehicles, becoming the first country to exceed gasoline and diesel models with electric car sales. According to a report published by the Norwegian Road Federation (OFV), electric car sales accounted for 54.3% of all new vehicle registrations in 2020, setting a worldwide record. […]
Taiga Gold: Constructive Gold Project Option Agreement Exercised
On January 5, SSR Mining Inc. (TSX: SSMR; market cap of $5.3 billion) announced that it exercised the second option earn-in on Taiga Gold Corp’s (CSE: TGC; market cap of $19 million) Fisher gold property. By doing so, SSR Mining increased its stake in the project to 80% from 60% and formed a Fisher Joint […]
Toronto Home Sales Soar by 64.5% in December While Prices Reach New Record
Canada’s largest real estate market ended 2020 on a strong note, as property sales in Toronto soared to new records, while the condo market finally got a revival after months of stagnation. According to the Toronto Regional Real Estate Board (TRREB), there were a total of 95,000 home sales in the Greater Toronto Area (GTA) […]
Bitcoin: Sound Money, Or The Sound Of Money?
Featured Image adapted from art by Alec Monopoly Our look at claims that Bitcoin is a Ponzi scheme included a look at the success of bitcoin spilling over into other crypto-money products of varying degrees of obscurity, and the great monetary awakening being experienced in the zeitgeist with varying degrees of epiphany and devotion. Libertarian […]
Twitter Inc: The Mods Must Be Crazy
With about two weeks left in his term, two days after an angry MAGA mob stormed through a Capitol Police force acting as functional turnstiles and into the Capitol building in Washington, DC at his prompting, @realDonaldTrump has been removed from the facilities of Twitter Inc. (NASDAQ: TWTR). The suspension follows a suspension from Facebook […]
CP Rail Sets New Records for Grain Transportation
Canadian railways have been busy amidst the pandemic, as record levels of grain were transported across the country in 2020. According to a CP Rail news release, the company moved a total of 31.3 million metric tons (MMT) of grain and grain products across Canada in 2020, surpassing any previous year on record. Not only […]
BMO Expects Canadian Banks To Outperform In 2021
In a note sent out to investors on January 3rd, BMO Capital Markets headlines “Bank Index Underperforms Again in 2020; History Suggests Outperformance in 2021.” Sohrab Movahedi, BMO Capital Markets Canadian bank analyst, predicts that the basket of Canadian banks will outperform in 2021 after lagging behind the S&P and TSX for the second consecutive […]