Uncategorized
Less than 1 min.read

MID-DAY: Pot stocks plummet ahead of legalization; traders eye Netflix preparing for subscriber report

James Bowler
By James Bowler

Canadian pot stocks are going up in smoke. Companies like Aphria, Canopy and Aurora are all falling after hitting record highs yesterday as marijuana legalization nears.

However, the TSX is still getting a boost after a Bank of Canada report showed optimism from Canadian businesses on the economy and trade. The Bay Street index is up 92 points to 15,501.

The Loonie is also gaining to 77.30 cents US.

Across the border, the Dow is rallying 269 points to 25,519 as big business earnings reports start to roll in. Netflix will be the hot topic for investors after the close today when it rolls out its Q3 report.

The price of US crude is down to 71.52 a barrel.

James Bowler
James Bowler

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Tuktoyaktuk RCMP lay charges in bootleg liquor investigation

RCMP
Tuktoyaktuk RCMP are laying charges following an investigation into liquor bootlegging earlier this week.

Youth engage with Tłı̨chǫ language in unconventional immersive spaces

Northwest Territories
While in-person On the Land learning continues to be central to Tłı̨chǫ language revitalization, the Tłı̨chǫ language division is looking at ways to engage with youth through new immersive platforms, like virtual spaces, that honour history and traditions. Danielle Dacanay with the Tłı̨chǫ Government’s Language Division emphasized that virtual resources are supplements to learning the language in the traditional way, they are not a replacement for it.

New microgrant stream wants youth to plant language seeds outside school

Northwest Territories
“100 youth projects wanted in French,” a new microgrant program wants youth to plant language learning seeds outside school. A network of action-research teams in Canada, other parts of North America, Africa and Europe is launching a youth grant stream to support French language engagement outside of conventional spaces. Youth across the country aged 14 to 30 are eligible for 100 microgrants in support of grassroots initiatives as part of this program run by the Dialogue Network.

Water testing at another Yellowknife school confirms elevated lead and copper

Northwest Territories
Testing at another school site in the city of Yellowknife showed elevated levels of lead and copper in water present in some of its drinking taps. Earlier this month, testing showed four other school buildings in Yellowknife and a school in Behchokǫ̀ had elevated levels of both copper and lead in water. Since comprehensive testing of schools across the territory began this fall, 28 school sites out of 34 announced to date have tested positive for elevated levels of lead.

Testing at more NWT buildings confirms lead in water

Northwest Territories
Fort Smith officials said water testing at municipal buildings has confirmed the presence of lead. According to the announcement, water samples at the Town Hall, the Fire Hall, and the Municipal Services Building continue to show elevated levels of lead.