Category: News

Canadian Cannabis Retailers Struggling With Shortage Of CBD Extract

VANCOUVER — Retailers across Canada are struggling with a shortage of all cannabis, but there’s one product they’re especially desperate to keep on shelves: cannabidiol or CBD, a non-intoxicating extract vaunted for its purported health benefits. The extract, most commonly sold as oil, has been promoted as a natural...

Canada’s Mortgage Stress Test 'Sidelined' 40,000 Homebuyers: TD Bank

If there is a single reason why Canada’s real estate industry has been complaining so loudly about the country’s mortgage “stress test,” new research from economists at TD Bank points straight to it. The test for uninsured mortgages, introduced in January of 2018, “sidelined” 40,000 potential home purchases in...

Canadian Firms Use Trade Deals To ‘Bully’ Countries On Environmental Policies: Report

Canadian corporations are using Canada’s network of trade and investment agreements to “bully” governments around the world into compromising environmental laws, a new study says. The study from the Canadian Centre for Policy Alternatives found the problem is concentrated in one particular industry — mining — and the governments...

Vancouver House Prices Fall By $7,000 A Month As Sales Hit Record Lows

If you own residential real estate in Greater Vancouver, it’s likely your property’s value is back to where it was in 2016 or 2017. The latest data from the Real Estate Board of Greater Vancouver, released Tuesday, shows no letup in the region’s housing correction, with sales down 29.1...

Chrystia Freeland Promotes Tax Hikes For The 1% To Avoid 'Crummy Society'

OTTAWA — Foreign Affairs Minister Chrystia Freeland promoted tax hikes for the rich as a way of helping a “hollowed-out” middle class Tuesday, but sidestepped questions on whether the country’s top one per cent will be asked to pay more in the Liberals’ upcoming platform. Freeland told an audience...

Scheer Demands Trudeau Fire Back Against China’s Canola Ban

OTTAWA — Conservative Leader Andrew Scheer is calling on Prime Minister Justin Trudeau to answer China’s ban on Canadian canola shipments by pulling hundreds of millions of dollars Ottawa has committed to Beijing’s multilateral development bank. Scheer held a news conference Monday to press Trudeau to address the canola...

Ontario Cannabis Retailers Slapped With Fines For Not Opening On Time

TORONTO — Cannabis retailers in Ontario who have failed to open their stores by a government-set deadline are facing a new round of financial penalties. In all, eleven pot retailers have been fined $12,500 each for not opening their stores by April 15. Watch: Cannabis jobs in Canada. Story...

Canada’s Privacy Czar Slams Facebook, Says It Won’t Admit It Broke Law

The office of the federal privacy commissioner is warning Canadians that Facebook may use their personal information “in ways the user may not know of or expect,” as detailed in a scathing report on a privacy breach at the social media website. In a report released with his provincial...

Vegan Beyond Burgers Will Soon Be Available In Canadian Grocery Stores

Good news for vegans who love a barbecue: the Beyond Meat burger will soon be available in Canadian grocery stores. The plant-based burger will be sold at a number of major chains like Loblaws (including Maxi and Superstore), Longos, Metro (including Food Basics and Super C), Sobeys (including Foodland,...