Goldcorp Inc.’s future growth strategy will likely focus on partnering with other senior miners as Canada’s second-largest producer of the metal looks to share the burden of developing multibillion-dollar projects, the chief executive officer said.
Former trader Marc Cohodes spent decades betting against housing "bubbles" before they burst. Now he has his eye, and his money, on the local housing market, and he has a warning to homeowners and first-time buyers.
The foreign investor captured 37 per cent of the 27 votes cast in the annual poll of the country's newsrooms by The Canadian Press. It's the first time since the survey began in 2003 that the business newsmaker of the year wasn't a specific person.
Canadian oil investors should not underestimate how bullish this is for oil stocks—not only does the agreement mean up to 1.8 million barrels of production per day will be removed, but it also means that OPEC is back to market manipulation.
Canopy Growth Corp. (TSE:CGC) has offered to acquire Toronto-based Mettrum Health Corp. (CVE:MT) for $430 million, forming a Canadian marijuana mega-company with a patient base that would dominate the Canadian market.
