Tilray CEO Brendan Kennedy in New York on the company's listing on Nasdaq.Bloomberg file photo The demand to short shares of the marijuana company Tilray Inc. is smoking hot. The cost to finance a new short position in the cannabis company soared to as high as 900 per cent on Wednesday, data by financial analytics…
Stock
Business & Finance
Everything you need to know about the enhanced CPP — from how much you’ll pay to how much you’ll get
For each year of pensionable earnings after 2024, maximum CPP payouts will be roughly 1.3 per cent more than under the previous rules.Postmedia While it comes too late for retiring Baby Boomers, the generations that follow will benefit nicely from the newly “enhanced” Canada Pension Plan (CPP). Higher premiums to fund it began this month.…
Funds
Lululemon shares gain after boosting quarterly sales, profit forecast
Shares of Lululemon jumped in early trading Monday after the yogawear company increased its fourth-quarter guidance for sales and profit.Darryl Dyck/The Canadian Press Investors are happy about at least one retailer’s holiday season: Shares of Lululemon Athletica Inc. jumped in early trading Monday after the yogawear company increased its fourth-quarter guidance for sales and profit.…
Bonds
‘This boat belongs in Canada’: Yacht nerds fret over sale of historic B.C. vessel
The Taconite yacht was commissioned by William Boeing. Gordie Levett’s first job was paperboy, dragging a canvas bag full of afternoon editions of the Vancouver Province around his West Vancouver neighbourhood. Levett had his regular customers, the tippers, the cheapskates and the in-betweens, but the most memorable was Perth McIntyre, a slim, slow-talking, white-haired sea…
Commodities
The business tips your team should learn from Santa
Just think of the logistics that go in to making Santa's big day a success, and follow his management practices.Sheri Determan/WENN.com Christmas is just a few weeks away, so let’s settle one thing right off the top. I believe in Santa Claus. He’s as real to me as my love for my family. In the…
Currencies
Canadian tech companies are attracting more overseas talent, but brain drain to U.S. continues
Ideshini Naidoo came from South Africa to join Toronto-based Wave Financial Inc.Peter J. Thompson, National Post Photo Illustration/National Post Ask the leader of any technology company and they’ll tell you that hiring engineers, data scientists or mathematicians is one of their biggest challenges. STEM careers are the fastest growing part of the labour market, and…