You are here

Armina Ligaya

Legal weed price much higher than illicit: report

A legal gram of cannabis in Canada costs nearly 50 percent more than illicit pot, according to a new analysis of price quotes compiled by Statistics Canada.

The average price of a legal gram of medical or non-medical weed during the fourth quarter last year was $9.70, compared to the black market price of $6.51, the Ottawa-based agency said yesterday.

Fraudsters may have data from two banks

TORONTO—Two of Canada's biggest banks warned yesterday that “fraudsters” may have accessed certain personal and financial information of up to 90,000 customers.

The Bank of Montreal said hackers contacted the bank on Sunday claiming to be in possession of the personal information of fewer than 50,000 customers and threatened to make it public.

Sun Life to add medical marijuana to benefits plans

TORONTO—Sun Life Financial Inc. is adding medical marijuana as an option for its group benefits plans, marking an industry shift and the latest sign of growing public acceptance of cannabis.

The Toronto-based insurer's chief executive Dean Connor said the move was influenced by rising interest from Sun Life's employer clients.