December 2019 Archives

Commercial litigation: Contractors say SCC ruling unjust

Construction associations in Ontario aren't too happy with the far west in Canada at the moment. The Ontario General Contractors Association (OGCA) and the Ontario Road Builders Association (ORBA) have heated up commercial litigation news in the country by saying that a reprisal clause in British Columbia is unfair. The two bodies also said that the Supreme Court of Canada's dismissal of an appeal regarding the clause could have negative ramifications for the construction industry across the country. 

Business and commercial: AC investors could get a bumpy ride

Canada's number one airline continues to fly high in more ways that one. Those in Canada who follow business and commercial news may know that the last four years have been a roller coaster of changes. But company stock continues to do well as investors continue to buy in on the brand and stay on the same page with the airline's cost-cutting measures.

Business and commercial: Chart conveys economic outlook for 2020

Each year a well-known and well-respected Canadian news magazine puts together an economic chart highlighting various facets of business such as real estate, the GDP and the trade sector. It also speaks to the general business and commercial climate of Canada and what to watch for in particular moving into the next year. A number of analysts, economists, financial experts and investors have given their input to create the chart.

Mergers and acquisitions: 2 big cannabis players unite

An all-share deal recently went down in the cannabis industry to the tune of millions of dollars. WeedMD Inc., an Ontario cannabis grower, recently acquired Starseed Holdings Inc. The mergers and acquisitions deal is worth $78 million. Starseed Holdings is backed by the Laborers' International Union of North America (LiUNA), which is investing $25 million in WeedMD.

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