Tag: The Globe and Mail
Green leader Annamie Paul moves forward amid party’s schism
Her achievement made international headlines, but months later, she is staring down a bid to have her ousted with just months to go before a widely expected federal election. After Ms. Atwin crossed the floor on June 10, the two remaining Green MPs blamed her exit on the Leader’s senior adviser, Noah Zatzman, who accused […]
Bitcoin falls 7 per cent to $35431.15
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Canada’s Green Party airs its grass-stained laundry
The Green Party, it is well known, throbs with love for the planet, the trees and every thing that creepeth upon the earth. More particularly, while the party is the first to proselytize for what we used to call the brotherhood of man, a sizable number of its members seem to hold decidedly unphiladelphic attitudes […]
Crypto craze sparks risky industry of loans backed by bitcoin
“A lot of my holdings are in cryptocurrency, and it took me almost two months to get a mortgage,” he told The Globe and Mail. The interest rates on such loans tend to be high – sometimes as much as 20 per cent. In May, the Toronto-based bitcoin-lending platform Ledn raised $30-million in a Series […]
Quebec green lights National Bank Open, but federal approval still required
Tennis Canada said in a release that tournament health and safety protocols are now being reviewed by the Public Health Agency of Canada. …Read the full story
Bank regulators plot toughest capital rule for bitcoin
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Buyers beware as ‘altcoin’ frenzy bruises bitcoin
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Italy gambles on green pass and full vaccination of holiday islands to lure high-spending foreign …
The 53-year-old Neapolitan and former nursing-home legal consultant is the owner of a small villa on Ponza, one of four islands in the Pontine archipelago in the Tyrrhenian Sea, about half way between Rome and Naples. This summer, Italy is reopening – or plans to, barring a fourth wave – and he can’t keep up […]
Canadian dollar notches six-year high as US inflation jumps
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Ninepoint to buy credits to offset pollution impact of its bitcoin ETF
Under the ticker BITC, the Ninepoint Bitcoin ETF trades on the Toronto Stock Exchange and charges a 0.70-per-cent annual management fee, part of which will be used to offset the carbon footprint of the ETF. Mr. Wilson said Ninepoint selected the Amazon projects, and it will partner with CarbonX, a provider of carbon emission analysis […]
‘Seed-to-sale’ retail: Ontario’s Thrive Cannabis the first producer permitted to sell at the farm gate
The Alcohol and Gaming Commission of Ontario said in mid-April that it had received 14 retail operator licence applications for farm-gate sales and approved six from Thrive, Tweed Inc., Dykstra Greenhouses, Medz Cannabis Inc., Muskoka Grown Ltd. A June, 2020 survey of 3,000 Canadian cannabis consumers from the Brightfield Group research firm suggested these factors […]
Organigram CEO Greg Engel leaves New Brunswick-based cannabis company
Organigram Holdings Inc. “Greg has brought innovative leadership as the company created new structures around operations and increased capacity to serve the growing marketplace,” said Geoff Machum, chair of the board’s governance and nominating committee. But even when steady production resumed, the company struggled to materially grow its recreational sales for a number of consecutive […]
Canadian banks struggle to reconcile Big Oil financing with green commitments
The situation highlights the largely Canadian quandary faced by both the banks and their investors. They remain some of the biggest financiers of fossil fuel producers globally, with TD the world’s top oil sands banker and RBC Canada’s biggest financier of fossil fuels, in 2020, according to the Rainforest Action Network. “When we set the […]
Tilray shareholders vote in favour of Aphria merger, creating the world’s largest cannabis company
The company will release details of the vote on Monday morning, but a source with knowledge of the meeting confirmed to The Globe and Mail that the merger was approved by shareholders. Shares of both Tilray and Aphria, which have been trading in tandem since the deal was first announced last December, dipped slightly immediately […]
Bitcoin’s ungreen credentials will give governments an excuse to clamp down on cryptocurrency
Governments and central bankers, who generally oppose electronic “currencies” would be delighted to see bitcoin trashed at the event. Bitcoin is the biggie in the universe of electronic cash and is no longer a marginal cryptocurrency. As bitcoin gains in value and popularity, so too has the environmental scrutiny over the computer-driven “mining” process to […]
Tesla says its bitcoin investment is now worth $2.48-billion
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