Retail investors drove unprecedented trading volumes on Canada’s stock exchanges in January and February

People walk by an electronic sign at Bay and King in Toronto on Nov. 5, 2020. Mark Blinch/Globe and Mail Canadian stock exchanges experienced an unprecedented surge in trading volumes in the first two months of 2021, driven by a rush of retail investors piling into small-cap stocks, particularly in the technology and mining sectors. Cumulative trading volume on the Toronto Stock Exchange, the Canadian Securities Exchange and TSX Venture Exchange surged 158 per cent to 32.9 billion trades in February from 12.7 billion trades in the same month a year earlier. There were roughly 25 billion trades on these three exchanges in January, more than double from 12 billion the year prior. But it was the year-over-year jump in

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Beacon Hall Golf Club members vote to turn down developer’s $250-million offer to buy course

A course of the Beacon Hall Golf Club in Aurora, Ont. on Nov. 25, 2020. Aaron Vincent Elkaim/The Globe and Mail Beacon Hall Golf Club members narrowly turned down a $250-million offer for the Toronto-area property that would have put more than $900,000 in each golfer’s wallet, the latest in a string of showdowns between urban course owners and real estate developers. The 260 members at Beacon Hall, consistently rated among the top 10 courses in the country, voted 63 per cent in favour of selling the 200-acre property in Aurora, Ont., to developer Treasure Hill Homes. The club’s rules require two-thirds of members approve its sale, so the offer was turned down after falling eight votes short of approval.

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Summers living off the land influenced leadership style of Inuk CEO Clint Davis

Clint Davis says ‘the keys to success for Indigenous businesses starts with medium and large companies opening their procurement processes up to support underrepresented businesses beyond their normal suppliers.’ Illustration by Chief Lady Bird Clint Davis, Inuk from Labrador, is the president and chief executive officer of Nunasi Corp., an Inuit development corporation headquartered in Iqaluit. Mr. Davis has a bachelor’s degree in business administration from Acadia University, a law degree from Dalhousie University and a master of public administration from Harvard University, where he was a Canada-U.S. Fulbright scholar. Before his appointment at Nunasi, he was the CEO of North35 Capital Partners, a business and capital advisory firm that worked with Indigenous governments and economic development corporations to achieve

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Dear CEOs: Why are kitchens prioritized over child care at your offices?

Amanda Munday is the owner of The Workaround, a co-working space with on-site child care in Toronto.[1] Dear CEOs of Canada’s largest companies, I know you’re busy so I’ll be brief. Why is child care not available at your company? If I had to guess, it’s because child care is considered independent from corporate responsibility. Perhaps children are viewed as a personal circumstance, not applicable to all employees, even a hindrance to your company’s mission. Okay, not all chief executives and senior leaders hold this perspective, but the lack of employer-driven child care suggests some of you do. Story continues below advertisement Truth be told, I’ve never worked for corporate Canada. My career stems from public institutions, tech start-ups and

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At least 15 dead, 400 wounded in Equatorial Guinea blasts at military barracks

Smoke rises from destroyed structures following explosions at a military base, according to local media, in Bata, Equatorial Guinea, on March 7, 2021. REUTERS TV/Reuters A series of explosions at a military barracks in Equatorial Guinea killed at least 15 people and wounded more than 400 others on Sunday, state television reported. State television TVGE read out a statement from President Teodoro Obiang Nguema that said the explosion was due to the “negligent handling of dynamite” in the military barracks located in the neighbourhood of Mondong Nkuantoma in Bata. He said that the explosion occurred at 4 p.m. local time. “The impact of the explosion caused damage in almost all the houses and buildings in Bata,” the president said in

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Canadians support harder line against China over treatment of Uyghurs

Fujie (Wuhan) Electronics Accessory Co., Ltd. Chinese authorities have loaded large numbers of Uyghur workers onto trains bound for factories thousands of kilometres away from their homes. Nathan VanderKlippe/The Globe and Mail A strong majority of Canadians both approve of Parliament’s declaration that China is carrying out genocide against its Uyghur Muslim minority and favour a harder line toward the country, including economic sanctions and moving the 2022 Winter Olympics out of Beijing. A poll by Nanos Research for The Globe and Mail shows that 83 per cent of Canadians either support or somewhat support the unanimous vote by the House of Commons, declaring Chinese atrocities against Uyghurs and Turkic minorities in Xinjiang to be in contravention of the United

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Dr. Theresa Tam hopeful on COVID-19 vaccines as pandemic anniversary nears

Chief public health officer Dr. Theresa Tam looks on at the start of a technical briefing on the COVID-19 pandemic in Canada, Jan. 15, 2021 in Ottawa. Adrian Wyld/The Canadian Press Canada’s chief public health officer is expressing hope for the future as the world prepares to mark the one-year anniversary of the COVID-19 crisis. The World Health Organization declared COVID-19 a pandemic last March 11, and Dr. Theresa Tam says it’s been a difficult 12 months marked by hardship and sacrifice. But she says it’s been “a good week” for Canada’s vaccination program thanks to the recent approvals of the Johnson & Johnson and Oxford-AstraZeneca vaccines. Story continues below advertisement Tam says the addition of the two new vaccines

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Anxiety is like an open app, running in the background and draining my battery

Illustration by Chelsea O’Byrne “Hello darkness, my old friend. I’ve come to talk with you again.” Sometimes anxiety washes over me when I’m listening to music or watching TV. Sometimes in the middle of the night. Those ones are particularly bad. Most recently, it happened in a coffee shop drive-through. The world began to close in on me. My chest felt tighter. I couldn’t back my car out, I couldn’t go forward. I tried to distract myself by changing radio stations, checking Twitter, sanitizing my hands. I fumbled in my pocket for a Clonazepam and leaned back in the seat, trying to slow my breathing. The guy behind me honked at me for leaving too much of a gap between

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Conservatives to call aides to Harjit Sajjan, Justin Trudeau to testify on Jonathan Vance allegations

Then chief of defence staff Gen. Jonathan Vance watches a news conference from the front row of seats, in Ottawa, May 7, 2020. Adrian Wyld/The Canadian Press The federal Conservatives say they want to hear when two senior Liberal officials first learned about allegations of sexual misconduct by Gen. Jonathan Vance – and what they did about them. The Conservatives say they are planning to call Zita Astravas and Elder Marques to testify before the House of Commons’ defence committee as it continues digging into the government’s handling of the allegations against the former chief of the defence staff. Astravas was Defence Minister Harjit Sajjan’s chief of staff and Marques was a senior adviser to Prime Minister Justin Trudeau in

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George Floyd’s cause of death, ex-cop’s use of force will be keys at trial

A mural honoring George Floyd is seen in the Third Ward ahead of the trial of the former Minneapolis cop Derek Chauvin in Houston, Texas, U.S., March 3, 2021. CALLAGHAN O’HARE/Reuters A Minneapolis police officer was swiftly fired and charged with murder after bystander video showed him pressing his knee into George Floyd’s neck, ignoring the Black man’s cries that he couldn’t breathe. But even with that powerful footage, legal experts say the case isn’t a slam dunk. Jury selection begins Monday in Derek Chauvin’s trial, which is expected to come down to two key questions: Did Chauvin’s actions cause Floyd’s death, and were his actions reasonable? “It’s hard not to watch the video and conclude that the prosecutors will

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