Market Insider
Market Insider

Montreal company Fuel It fills your gas tank chez vous

Posted on 30 March 2021

Owning and maintaining a car comes with a lot of unavoidable, mundane, cost-prohibitive tasks, none more so than going to the gas station to fill up the tank. The price fluctuations, idling while waiting your turn, the smell of gas on your hands — all part and parcel with being a motorist. Fuel It refuelling is banking that as far as life’s inconveniences go, filling up your ca ...

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Quebec, federal governments invest $100M in Lion Electric battery plant

Posted on 30 March 2021

MONTREAL -- A Montreal-area electric vehicle maker says the $100-million investment from Ottawa and Quebec announced Monday for a battery pack assembly plant will help make its fleet less expensive. Lion Electric said the plant, which it plans to build near its headquarters in St-Jerome, Que., north of Montreal, will create 135 jobs once completed in 2023. Prime Minister Justin Trudeau ...

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Check your paperwork or you may wind up with an $8M tax bill like this barista

Posted on 30 March 2021

This spring is bringing a tax season more complicated than usual, with pandemic benefits and payments adding to the usual paperwork. But for Alina Bukatova, it might never be as complicated as 2018, when all the money in her bank accounts was seized after the Canada Revenue Agency thought she owed more than $8 million in taxes.  That's despite an income Bukat ...

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This DIY shop is teaching Montrealers to work with their hands

Posted on 30 March 2021

Michael Schwartz is in the business of helping people make things. He runs two shops in the heart of Montreal filled with tools and workbenches — everything one needs to bring a creation to life. The shops operate under the name Les Affûtés, which means "the sharpened" in French. Here, under the guidance of experienced professionals, visitors can use the equipment to do anything from ...

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More than a third of construction workers leave the industry within five years: report

Posted on 30 March 2021

About 35 per cent of those who enter the construction industry leave it within five years, and that number is higher among women, according to a report prepared by the Commission de la construction du Québec. The report, obtained by Action travail des femmes through an access-to-information request, shows the abandonment rate within five years to be: 24 per cent among work ...

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Hydro-Québec sees 2021 profit rebounding as demand picks up and interest costs fall

Posted on 30 March 2021

Hydro-Québec expects to claw back most of its profit shortfall in 2021 as demand from industrial and residential customers picks up amid a projected acceleration in economic activity. Power sales in Quebec this year should rebound to 175 terawatt-hours from the 171.4 terawatt-hours recorded in 2020, bolstering 2021 net income to about $2.7 billion, chief financial officer Jean-Hugues Laf ...

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Montreal video-games veteran Jade Raymond to head new independent studio Haven

Posted on 30 March 2021

A Montreal video-games veteran is back in business. Former Google, Electronic Arts and Ubisoft executive Jade Raymond will lead the new game-development company known as Haven Entertainment Studios Inc., according to a statement issued Tuesday. Montreal-based Haven is working on an as-of-yet unidentified project for Sony’s PlayStation console. “I’ve been making games for a long ...

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The Growth of Online Cannabis Delivery in Canada

Posted on 28 March 2021

The Covid-19 pandemic has brought upon many changes, both positive and negative to our daily lives. One of the most prominent changes was made to the way businesses are conducted. While the transition to online businesses and e-commerce was already in progress, the global lockdown has accelerated the pace at which businesses needed to adapt their operations and bring their business onl ...

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US Focus Could Drive M&A for Canadian Cannabis Operators

Posted on 28 March 2021

As traders proceed to prioritize hashish alternatives within the US, market watchers count on mergers and acquisitions (M&A) to play a task sooner or later for Canadian corporations. A consolidation pattern has been anticipated within the Canadian hashish house for a while now based mostly on the scale of the market in comparison with the variety of operations within the nation. Wi ...

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Pure Extracts Applies For Dealers License With Health Canada

Posted on 28 March 2021

Pure Extracts (CSE: PULL) continues to focus on the development of its mushroom-related operations in addition to cannabis. The company this morning announced that it ahs submitted an application for its Dealer’s License to Health Canada. Submitted by the firms wholly owned subsidiary, Pure Mushrooms Corp, the license will enable a number of activities to be conducted by the ...