Bitcoin mining company Canaan Inc. posted Q1 2026 revenues of $62.7 million, aligning with its guidance but down from previous quarters. The firm produced 257 Bitcoins and increased processing capacity by 10.7%, yet faced a gross loss of $22.9 million and a net loss of $88.7 million due to declining Bitcoin prices and a shrinking crypto market. The overall cryptocurrency market value dropped significantly, impacting miner revenues and sentiment. Despite these challenges, Canaan's crypto holdings and mining capacity grew, indicating potential for recovery if market conditions improve.
BMO has committed $500,000 over five years to the National Music Centre's Music Therapy Initiative, with matching funds from The Jim Pattison Foundation. This investment will expand music therapy programs in hospitals and community health settings ac...
The 22nd Annual Energy Innovations: LDC Gas Forum Rockies & West will be held in San Diego from August 10-12, 2026, bringing together over 250 natural gas industry professionals. The forum focuses on critical issues affecting the U.S. Rockies and Wes...
New research from Spherix Global Insights reveals that despite advances in lupus treatment, including increased use of biologics and new therapies, many patients with systemic lupus erythematosus (SLE) continue to experience persistent symptoms, freq...
As Canada enters peak summer storm season, a survey by First Onsite reveals 72% of Canadians are concerned about climate-related extreme weather like flooding, severe storms, and tornadoes. Regional concerns vary, with British Columbians fearing floo...
Greystone provided a $24.3 million HUD/FHA-insured loan to refinance an 86-unit seniors housing community in Minnesota, covering independent living, assisted living, and memory care. The financing, through the HUD Section 232/223(f) program, offers l...
