Business News

Aphria Inc. reports loss

Apr 15, 2019 / 5:23 am

Cannabis company Aphria Inc. reported a loss of $108.2 million in its latest quarter as it took a one-time non-cash charge related to its operations in Latin...

Pot products with no plants

Apr 14, 2019 / 12:51 pm

TORONTO - Canadian companies are racing to get an edge in the new frontier of the cannabis industry — which does not involve the leafy green plant at all....

Shielding lottery winners

Apr 14, 2019 / 6:41 am

A growing number of states are moving to allow the winners of big lottery jackpots to stay anonymous as privacy concerns are increasingly trumping lottery...

At least August for Max 8s

Apr 12, 2019 / 5:09 pm

Southwest Airlines customers relaxing on Thursday evening got an email that may mean their summer vacation could be more stressful and expensive than they...

AirCan CEO gets 28% raise

Apr 12, 2019 / 11:13 am

Air Canada chief executive Calin Rovinescu enjoyed a leap in total compensation to $11.5 million last year, up 28 per cent from $9 million in 2017. Total...

Incentives for more ECEs

Apr 12, 2019 / 11:05 am

British Columbia is expanding the number of bursaries offered to early childhood educators as it further commits to the goal of creating a universal,...

Disney unveils new service

Apr 12, 2019 / 7:47 am

Disney raised the curtain on a hotly anticipated video streaming service that's aiming to topple industry pioneer Netflix, once a valuable ally of the Magic...

Canopy joins the big boys

Apr 12, 2019 / 7:32 am

Canopy Growth Corp. will soon join the S&P/TSX 60, making it the first cannabis company to be added to the index of Canada's large-cap stocks. S&P...

Big oil bouncing back

Apr 12, 2019 / 5:34 am

Chevron will buy Anadarko Petroleum for $33 billion in a cash-and-stock deal as the company seeks to grow stronger in deep water exploration in the gulf and the...

Boeing test-flies Max 8 fix

Apr 11, 2019 / 4:01 pm

Boeing's CEO says crews have made 96 flights to test a software update for its troubled 737 Max jet and will make more in coming weeks as the company...

50-year low in jobless

Apr 11, 2019 / 3:58 pm

The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market and an unusually low level of layoffs. Yet the...

Fewer players in oil & gas

Apr 11, 2019 / 3:15 pm

A lack of capital for drilling coupled with rising exploration costs make it unsurprising that fewer players are operating in Western Canada's oil and gas...

Few granted DPAs

Apr 11, 2019 / 12:38 pm

It was a sunny Wednesday in March, and Neil Bruce was making his case forwhy SNC-Lavalin Group Inc. deserved a negotiated settlement over corruption charges...

Helping kids buy home?

Apr 11, 2019 / 9:26 am

Buying a home is a big step for anyone and experts say that parents looking to help their children need to make sure it is affordable and that their children...

Turbulence at TransAlta

Apr 11, 2019 / 9:24 am

Activist shareholders say they're withholding support for three of TransAlta Corp.'s directors at the upcoming annual meeting to protest a $750-million...

MTY buying Papa Murphy's

Apr 11, 2019 / 9:22 am

MTY Food Group Inc. has signed an agreement to acquire Papa Murphy's Holdings Inc. in a deal it valued at roughly US$190.0 million or C$253.2 million,...

Rogers buys up frequencies

Apr 10, 2019 / 6:56 pm

Rogers Communications will spend $1.72 billion to acquire spectrum licences from the federal government, making it by far the biggest spender in a hard-fought...

Boeing shareholders misled?

Apr 10, 2019 / 4:40 pm

A Boeing shareholder is suing the company for allegedly hiding problems with its 737 Max jet to push its shares higher. Shareholder Richard Seeks argues that...

Porter CEO hands over reins

Apr 10, 2019 / 4:14 pm

The founder of Porter Airlines is handing over his responsibilities as chief executive to his son to run the small airline that flies from its base at...

Rates expected to hold

Apr 10, 2019 / 3:07 pm

A majority of U.S. Federal Reserve officials last month believed that economic conditions would likely warrant keeping the Fed's benchmark policy unchanged...