August 18th, 2018

Business

Second Cup says it may convert Ontario coffee shops to cannabis stores

By The Canadian Press on August 15th, 2018

OTTAWA – The Second Cup Ltd. says it is actively reviewing locations in Ontario for potential conversion to cannabis retail stores in light of policy changes in the province. The company’s announcement comes after Ontario’s Progressive Conservative government said it would allow private retailers to sell recreational marijuana starting next April. Second Cup had announced ... Read More »

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Alberta Securities Commission panel denies order against short-seller Cohodes

By Dan Healing, The Canadian Press on August 15th, 2018

CALGARY – The Alberta Securities Commission has rejected a requested order to prevent American short seller Marc Cohodes from trading shares in or providing misleading information about Calgary-based Badger Daylighting Ltd. In an oral decision released Wednesday afternoon, the provincial regulator said staff hadn’t proved there was an urgent need for the interim order to ... Read More »

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Air Canada exec reportedly on board as Air France CEO would face labour headwinds

By The Canadian Press on August 15th, 2018

MONTREAL – Two French airline unions blasted Air France-KLM this week after reports the Franco-Dutch carrier will name an Air Canada executive as its new CEO. Several French news outlets have reported Air Canada chief operating officer Ben Smith is poised to be placed in the pilot’s seat at a board meeting Thursday. Smith, who ... Read More »

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Nexen reports 270,000-litre pipeline spill of produced water in northern Alberta

By The Canadian Press on August 15th, 2018

CALGARY – A month after being ordered to pay $750,000 in fines related to a 2015 pipeline leak, Nexen Energy is reporting a spill of 270,000 litres from a different pipeline in the same area of northern Alberta. The Alberta Energy Regulator says in a post on its website that Nexen, a subsidiary of state-owned ... Read More »

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Air Canada exec reportedly on board as Air France CEO would face labour unrest

By The Canadian Press on August 15th, 2018

MONTREAL – Two French airline unions blasted Air France-KLM this week after reports the Franco-Dutch carrier will name an Air Canada executive as its new CEO. Several French news outlets have reported Air Canada chief operating officer Ben Smith is poised to be placed in the pilot’s seat at a board meeting Thursday. Smith, who ... Read More »

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Global growth jitters sparked by Turkey send commodities and markets down

By The Canadian Press on August 15th, 2018

TORONTO – Canada’s main stock index dropped along with U.S. markets as a currency crisis in Turkey and disappointing indicators from China have sparked global growth fears and sent commodities prices falling. The S&P/TSX composite index closed down 182.17 points, or 1.12 per cent, at 16,148.5 in a broad-based decline led by base metal miners, ... Read More »

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Alberta Securities Commission hearing against short-seller Cohodes wraps up

By Dan Healing, The Canadian Press on August 15th, 2018

CALGARY – An application for an order preventing American short seller Marc Cohodes from trading shares in or providing misleading information about Badger Daylighting Ltd. is “deliberately rushed” and unnecessary, his lawyer said at a hearing Wednesday. Furthermore, the remedies being sought by Alberta Securities Commission staff are significant and broad and based on an ... Read More »

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Gun makers up in arms over Shopify’s ban on certain firearms and accessories

By Tara Deschamps, The Canadian Press on August 15th, 2018

TORONTO – Shopify is taking aim at weapons companies by banning the sale of some firearms and accessories on its platform. The Ottawa-based e-commerce giant quietly made changes to its policies this week to keep merchants from using its technology to sell everything from semi-automatic firearms that accept detachable magazines to accessories including grenades, rocket ... Read More »

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Colorado baker who refused to make cake for gays sues again

By James Anderson, The Associated Press on August 15th, 2018

DENVER – A Colorado baker who insisted his religious beliefs justified his refusal to make a wedding cake for a gay couple – an argument partly supported by the U.S. Supreme Court – has sued the state again for opposing his refusal to bake a cake celebrating a gender transition, his attorneys said Wednesday. Lawyers ... Read More »

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Church helped former priest accused of abuse get Disney job

By Marc Levy, The Associated Press on August 15th, 2018

HARRISBURG, Pa. – A sweeping grand jury report into child sexual abuse in Roman Catholic dioceses in Pennsylvania said church officials gave a former priest a positive reference to work at Disney World, even though they’d fielded at least one allegation about him sexually abusing a boy. The ex-priest, Edward Ganster, left the priesthood in ... Read More »

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