Canopy Growth Crashes By 24% After Q3 2025 Net Loss Misses Expectations
Canopy Growth (TSX: WEED) today delivered its third fiscal quarter 2025 results, reporting a quarterly loss of $121.9 million for the period ended December 31, 2024, a marked improvement from the $216.8 million loss recorded in the same quarter of 2023. Despite this progress, the reported loss per share of $1.11 fell far short of […]
Canadians Back Pipeline Expansion as US Trade Tensions Rise
Four in five Canadians (79%) support expanding the country’s pipeline network from coast to coast as trade tensions with the United States highlight infrastructure gaps, according to an Angus Reid Institute survey released Wednesday. The poll found nearly all provinces strongly support ensuring oil and gas pipelines run across the country. Atlantic Canada shows the […]
Canada Stands Firm on Dairy System Despite US Pressure
Trade Minister Mary Ng rejected any changes to Canada’s dairy supply management system Wednesday, despite mounting US pressure and tariff threats. “Correct,” Ng told CTV‘s Power Play when asked if Canada would maintain its current dairy policies. She pointed to a 2023 trade panel that ruled in Canada’s favor after American farmers challenged how the […]
Judge Halts Federal Worker Buyout Program Hours Before Deadline
3% of the federal workforce had accepted the offer, still short of the White House’s 10% reduction target.
DeepSeek’s Claims On Infra Costs Might Actually Be Way Bigger
Recent investigations into Chinese AI firm DeepSeek have raised significant questions about the company’s public statements regarding its infrastructure costs. While the company has touted its ability to train cutting-edge AI models at a fraction of what competitors spend, independent research from SemiAnalysis suggests the company’s investment in GPUs and server infrastructure is vastly understated. […]
Aurora Cannabis Enters $27 Million Supply Agreement With SNDL
Aurora Cannabis (TSX: ACB) has entered into a major agreement with SNDL Inc (NASDAQ: SNDL). The arrangement will see Aurora supplied with premium cannabis flower over a three year period with an option to extend. The flower, to be grown at SNDL’s Atholville indoor facility, is said to be valued at $27 million over the […]
SilverCrest Shareholders Approve Coeur Mining Transaction, Deal To Close February 14
SilverCrest Metals (TSX: SIL) has seen shareholders approve of its acquisition by Coeur Mining (NYSE: CDE). The company saw over 99% of votes cast at its shareholder meeting approve of the transaction. The transaction will see SilverCrest shareholders receive 1.6022 Coeur common shares for each share of SilverCrest held, implying consideration of $11.34 per share […]
Endeavour Silver Sees Initial Capital Costs Jump 22% At Terronera
Endeavour Silver (TSX: EDR) has seen expected costing at its Terronera project under development rise dramatically. The firm this morning provided a progress update to the project, indicating that expected costing has risen over 22%. Total direct and indirect costing at the project has risen from $271 million to $332 million, a jump of $61 […]
Amazon Sees Earnings Double In Q4 2024 But Weak Guidance Causes Shares To Drop
Amazon.com (NASDAQ: AMZN) has delivered its fourth-quarter and full-year 2024 financial results, with total quarterly net sales reaching $187.8 billion—a 10% increase from $170.0 billion in the same quarter last year—and, when stripping out a $0.9 billion adverse impact from foreign exchange fluctuations, the growth rate edged up to 11%. The company’s North America business generated $115.6 billion in […]
EPA Warns 1,000 Workers of Possible Immediate Dismissal
More than 1,000 Environmental Protection Agency workers received notice they could be fired immediately, union officials said, as the Trump administration pursues federal workforce cuts. The agency sent emails last week to workers identified as being on “probationary/trial period” status, informing them they could be terminated immediately, according to an email reviewed by CNN. “No […]