MID-DAY: Cannabis stocks dwindle as appetite subsides; StatsCan reports August inflation dip

Cannabis stocks are sliding again in what has been a volatile week for the market. Big players like Aurora and Canopy have dipped at the start.

But, the drop isn’t affecting Bay Street as the TSX is boosted 28 points to 16,243 by a rally in crude.

US oil is up to 71.72 a barrel ahead of an OPEC meeting.

Across the border the Dow is 30 points higher to 26,687.

The Loonie continues to fall to 77.43 cents US following a StatsCan report showing inflation dropped to 2.8 per cent in August.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Yellowknife Fire Division responds to fire at Banke Cresent

The City of Yellowknife Fire Division responded to reports of a structure fire at Banke Cresent shortly after 11:00 am on Monday.

Hay River break-up concludes without flooding

Break-up of the Hay River has officially concluded with the remaining ice in the East Channel cleared. Officials are advising anyone on boats or watercrafts to take precautions with water levels continuing to rise.

Environmental Monitoring Advisory Board opposes request for early shutdown

The Environmental Monitoring Advisory Board (EMAB), the independent body responsible for monitoring the Diavik Diamond Mine and its regulators to ensure they follow the mine’s Environmental Agreement, is opposing a request by Diavik Diamond Mines Inc (DDMI) to shut down the board.

Yellowknife company responds to environmental gaps in moving market

A local business is responding to environmental gaps in the moving market in Yellowknife. The company EZ Tote Rentals was founded by Melinda Griffin and was just launched for folks and businesses on the move in Yellowknife and surrounding areas up to Behchokǫ̀.

Public transit among services not running for Monday holiday

The city released a schedule of facilities and services that may be affected by the May 18 Victoria Day statutory holiday.