100.1 GO FM - We're Your Feel Good Pop Station
Uncategorized
Less than 1 min.read

MID-DAY: Oil gain boosts TSX; Alberta-based Tilray stock spikes on US medical marijuana testing approval

James Bowler
By James Bowler

The energy sector is powering up Bay Street this morning.

The TSX is up 55 points to 16,137 as crude prices start to rally higher. This comes after Saudi Arabia said it wouldn’t be increasing the flow of crude as it will be happy to see prices push higher. US crude has jumped to 69.73 a barrel over the morning. The spike in oil is also helping the commodity-tied Loonie as it pushes to 76.88 cents US.

Across the border, the Dow is up 110 points to 26,172 as investors shrug off trade war concerns following Donald Trump’s latest round of tariff threats against China.

In the face of trade and marijuana tensions, a Canadian company is being allowed to send pot across the border to be used in medical treatment testing. Alberta’s Tilray is seeing its stock boost 21 per cent following the news.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

New Indigenous-led network feeds body and spirit in Yellowknife

City of Yellowknife
The non profit organization’s vision and plans are about finding ways to supports people facing homelessness in the city, but it’s about much more than providing food or shelter. The organization is grounded on the principles of dignity, reciprocity, Indigenous leadership, healing and non-colonial practices, towards a critical vision: “A Yellowknife with no homelessness, where Indigenous people are respected, supported, and leading the change.”

Environment scientists say water levels remain “very low” across territory

Northwest Territories
“Water levels and flow rates are very low across most of the NWT,” say scientists with the government of Northwest Territory’s Environment and Climate Change centre. Data collected last month continued to show that water levels and flow rates for lakes and rivers remain “very low” across much of the N.W.T. Climate change scientists anticipate temperatures will vary between northern and southern regions of the N.W.T. but predict colder temperatures across the territory for March.

Federal government helping to fund housing in Yellowknife

City of Yellowknife
Over $24 million in federal funding has been announced for the 54th Avenue Housing Project in Yellowknife.  

Two face charges after alleged drug trade incident involving guns and bear spray

City of Yellowknife
Two people are facing charges following an alleged incident involving a handgun, a fake pistol and bear spray in the city of Yellowknife. RCMP officials state, officers reported that the alleged incident is likely connected to the illegal drug trade. According to the report, police arrived on scene on Feb. 12 at an apartment building in the city after being notified of one suspect who was allegedly “carrying a pistol and bear spray” outside an apartment building.

‘It can happen anywhere’: Taber father reacts to Tumbler Ridge shooting

National
The father of a student killed in the 1999 Taber school shooting said the pain facing families of the eight victims in the recent Tumbler Ridge, B.C., shooting is not something he would wish on anyone. Dale Lang, whose son Jason Lang was shot and killed at W.R. Myers High School in Taber, Alta., said he and his family understand what the families and community are going through.
Available on

Navigation

Location

5114 49th Street
Yellowknife, NT X1A 1P8

Phone numbers

Studio: 867-920-2523
Toll Free: 1-867-873-4663
Office: 867-920-4636

- Advertisement -
Starting at 6:00 AM
Mornings With Keesyn
Listen Live
Listen Live
Listen Live
100.1 GO FM - We're Your Feel Good Pop Station