Canopy's "green rush" now worth over $15B; Canada's most entrepreneurial cities, and more top news
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Canada's first pot stock Canopy Growth went public on Toronto's TSX Venture Exchange in 2014 and five years later, is now worth over $15 billion – far more than anyone had predicted. The marijuana industry is booming in what some are calling a "green rush." Cannabis was legalized in Canada for medical purposes in 2014 and later for recreational use in late 2018, and the success of companies like Canopy Growth have led to greater acceptance for products containing cannabis within and beyond the country. ? Here’s what people are saying.
While Toronto, Calgary and Vancouver may be the country's economic engines, they aren't the best places to start a small business, says a ranking by the Canadian Federation of Independent Business. Canada's most entrepreneurial cities are often places that few have heard of like Winkler, Manitoba and Victoriaville, Quebec. See the rankings here. ? Here’s what people are saying.
Almost 3,500 teaching positions will be cut by the Ontario government over the next four years, saving the government an estimated $851 million. The province has almost 5,000 publicly funded elementary and secondary schools. Education Minister Lisa Thompson also said average class sizes would increase. Premier Doug Ford’s Progressive Conservative government is also considering legislated caps on wage increases for everyone from teachers to hospital workers. ? Here’s what people are saying.
British Columbia Premier John Horgan said he will consider “some relief” for those who can’t afford record high gas prices, which reached almost $1.64 a litre in metro Vancouver Thursday. Analysts say the price hike was caused by several factors; B.C.’s increased carbon tax, a shortage of gas across B.C. and northwestern United States caused by two refineries in Washington state running at reduced rates, and the Trans Mountain pipeline’s incapacity to meet domestic needs. ? Here’s what people are saying.
Snapchat has just revealed its next move — online gaming. As it battles to combat stalling user numbers, Snap, the social media app’s parent company, announced on Thursday that Snap Games will feature original games exclusive to Snapchat. It’s the latest tech company to turn to gaming, after Apple last week launched its new game subscription service, Apple Arcade, and Google last month unveiled its new gaming platform Stadia. ? Here’s what people are saying.
Idea of the Day: It’s important to feel connected at work, especially for graduates just starting their careers, says Taylor Rowland, a new hire at Oracle.
“Having people surrounding you makes you feel like you’ve got your own little family at the company.”
What's your take on today’s stories? Share your thoughts in the comments.
What do RBC, BMO Financial Group and Deloitte Canada have in common? They’re some of Canada's hottest places to work, according to LinkedIn’s Top Companies 2019. ? See the full list and join the conversation: #LinkedInTopCompanies
Communication specialist
5 年Knew it
Coach, Recreation Management, Communications Professional; Highly Creative
5 年Record high gas prices and the debauchery of ICBC makes owning/financing a car in Vancouver incredibly expensive.? More reason to fully fund the proposed Broadway Corridor to UBC.??
Freelancer at Alcanza Marketing
5 年Where's the full list of cities?
Solving Problems
5 年Interesting about our most entrepreneurial cities, but a good point that maybe aspiring entrepreneurs can look to smaller communities as their blue oceans for growth.?
Human Swiss-army knife: tech-savvy leader, creative problem-solver, and passionate advocate for equity, diversity and inclusion.
5 年Record high gas prices because of carbon tax and reduced processing... In the US? Hmmm. Isn't there a pipeline project we've been talking about for a long time? I consider myself an environmentalist, but we're not going to solve climate change by relying on other countries for the oil we still use. We need to allow ourselves some economic relief, and then funnel that wealth into a solution. We're not going to get there with an over production in Alberta, and an unmet need in BC. Let's play nice together as Canadians, shall we?