Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana

Unhappy Dynacare staff refuse OT shifts; doors could be closed at clinics with Saturday hours

Some Winnipeg Dynacare sites normally open on Saturday were closed last week, and may continue to be because staff are refusing to pick up overtime shifts after they were forced back to work amid a labour dispute with the company.

Positive anticipation is growing about major housing developments underway in Winnipeg’s downtown

If traffic is light and the wind is down, Somia Sadiq is able to hear the roar of Winnipeg Jets fans twice: first through her window, then on TV.

From her apartment view high above downtown, she can look out at Graham Avenue’s painted pedestrian landscape, see construction cranes and hear the heavy equipment at work as massive housing projects take shape at The Forks, at what used to be Portage Place shopping centre and at the former Hudson’s Bay building.

Sadiq has lived at 300 Main for 2 1/2 years, a few steps from the city’s famous, windy and reopened-to-pedestrians Portage Avenue intersection. At 42 storeys, it’s the tallest building in Winnipeg.

She is among 18,000 downtown residents who will soon be joined by thousands of others attracted to the city’s core by the new wave of major construction projects.

Canadian cannabis stocks spike as U.S. reportedly set to reclassify marijuana

TORONTO - Canadian cannabis stocks soared Tuesday afternoon after The Associated Press reported the U.S. Drug Enforcement Agency will move to reclassify marijuana as a less dangerous drug.

Canopy Growth Corp. closed up 80 per cent at $20.45, while Aurora Cannabis Inc. and Tilray Brands Inc. closed up 46 per cent and 40 per cent, respectively.

The Associated Press, citing five sources familiar with the matter, reported the DEA's proposal would recognize the medical uses of cannabis and acknowledge it has less potential for abuse than other, more dangerous drugs.

However, it would not legalize marijuana for recreational use.

Portage Avenue stabbing victim staggered into nearby store for help

A 46-year-old man stabbed on Portage Avenue Wednesday afternoon is in hospital after staggering, bloodied, into a nearby dollar store.

Police said the man was confronted by several people on the 300 block of Portage shortly before 6 p.m. and was stabbed with an unknown weapon. He was helped by people inside the store until police and paramedics arrived.

The man was rushed to hospital in unstable condition but was later upgraded to stable, the Winnipeg Police Service said.

WPS Const. Claude Chancy said Friday that police were still attempting to speak with the victim, and it was not yet clear if the attack was random. No arrests have been made.

Perfecting profitability

More jaded of investors may roll their eyes at another book offering up a formula for the “perfect portfolio.”

Veteran portfolio manager Peter Lazaroff, based in St. Louis, and host of the Long Term Investor podcast understands the scepticism around his recently published book The Perfect Portfolio: a Proven Guide to Smart Investing for Long-Term Success.

Yet the chief investment officer at Plancorp Wealth Management, which has about US$10.2 billion in assets under management, has a caveat to the notion of the perfect portfolio.

“The perfect portfolio on paper is probably a lot different than the perfect portfolio for you in real life because what’s ‘perfect’ is a formula you can stick with for decades on end.”

Failure to exploit NDP weaknesses leaves PCs in tailspin

Manitoba’s Progressive Conservative party is getting slaughtered.