CSG enters space sector as largest shareholder in Canada's MDA Space - Reuters

A look at some small-cap stocks making news - or about to. Canada’s S&P/TSX Small Cap Index (TXTW-I) is up by about 20 per cent over the past 52 weeks. It hit a record 1,496.55 on June 2. The Russell 2000 in the U. S. is up about 10 per cent over the past 52 weeks and reached a high of 3,069.71 on Aug. 14. Small-cap summary: Kits Eyecare Ltd. (KITS-T) shares dropped about 7 per cent in Friday trading after the company said its co-founder, Joseph Thompson, has transitioned from chief operating officer to an advisory role. Some analysts described the move as a surprise. After markets closed on Thursday, the Vancouver-based company said co-founder, chair and CEO Roger Hardy continues in his roles, leading the company’s strategy, capital allocation, capital markets and long-term vision. Tai Silvey continues as president, a role he has held since April. Ibrahim Kamar continues as chief financial officer, a role he has held since April. Mr. Thompson founded Kits with Mr. Hardy eight years ago and helped grow the company to an annualized revenue run-rate of more than $250-million, with more than 1.1 million active customers, Cannacord Genuity analyst Luke Hannan wrote in a note. “Mr.

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The 20th annual Cape to Cabot road race is taking place tomorrow. The grueling 20 km trek sees participants running from one historic landmark to another: From Cape Spear to Cabot Tower on top of Signal Hill. The race starts at 8 a.m., and because of that there are a few related road closures in St. John’s. Between 7:45 and 11a.m. there will be numerous road closures along the route. A full list can be found online at VOCM dot com. Expect traffic impacts from 7:45 a.m. to 11 a.m. on routes including Blackhead Road, Southside Road, Water Street, Harbour Drive, Duckworth Street, Temperance Street and Signal Hill Road.

On Monday, Albertans vote on whether to stay in Canada or hold another binding referendum on quitting Canada. If the vote goes as polls suggest, a majority of Albertans will mark an X to stay in Confederation, and Premier Danielle Smith has said if that’s so, she expects everyone to accept it and move on. Leaders of the independence movement contest that. And political watchers are divided about whether separation — previously a fringe sentiment — will now be a prominent, permanent feature of Alberta’s political landscape, as in Quebec. Julian Castro-Rea, a political-science professor at the University of Alberta who studies the separation debates in Quebec and Alberta, believes as long as Alberta feels alienated from the Canadian capital — feeling that Ottawa benefits from Alberta’s resource economy without giving back — the movement will have fuel. “Even if the referendum is lost, the westernization will still be around, because it’s kind of a way which, traditionally, Albertans have related to the rest of Canada,” says Castro-Rea, who believes western alienation may remain indefinitely. Story continues below advertisement