Skip to content

National Business

Constellation increasing stake in Canopy Growth after exercising warrants

Constellation increasing stake in Canopy Growth after exercising warrants

SMITHS FALLS, Ont. — Constellation Brands Inc. says it is increasing its leading ownership stake in Canopy Growth Corp. after exercising warrants issued more than two years ago. The U.S. alcohol beverage company's stake will increase 5.
Read more >
James resolute about government's $1.5 billion cushion to aid COVID-19 recovery

James resolute about government's $1.5 billion cushion to aid COVID-19 recovery

The British Columbia government is counting on its $1.5-billion economic recovery fund to get the province through the turmoil of the COVID-19 pandemic, says Finance Minister Carole James.
Read more >
Hundreds of Quebec aerospace workers to be laid off at Airbus and Pratt & Whitney

Hundreds of Quebec aerospace workers to be laid off at Airbus and Pratt & Whitney

MONTREAL — Nearly 700 workers are to be laid off in Quebec by two of the province's main aerospace companies, Airbus Canada Limited Partnership and Pratt & Whitney Canada.
Read more >
Peladeau family feud to continue after brothers appeal ruling in sister's favour

Peladeau family feud to continue after brothers appeal ruling in sister's favour

MONTREAL — A multimillion-dollar family feud among heirs of Quebecor's founder that's lasted for two decades will continue after Pierre Karl and Erik have decided to appeal a court ruling favouring their sister Anne-Marie.
Read more >
April auto sales plummet into 'uncharted territory' with 75 per cent drop

April auto sales plummet into 'uncharted territory' with 75 per cent drop

TORONTO — Auto sales crashed in April to levels not seen in decades as restrictions and economic uncertainty around the COVID-19 took hold, DesRosiers Automotive Consultants said Friday.
Read more >
Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (14,620.34, down 160.40 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down half a cent, or 1.02 per cent, to 48.5 cents on 26.
Read more >
TC Energy says Keystone XL construction continuing despite U.S. court ruling

TC Energy says Keystone XL construction continuing despite U.S. court ruling

CALGARY — Construction work on the Keystone XL pipeline is continuing apace despite a U.S. court ruling last month that invalidated a nationwide permit allowing pipelines to cross waterways, builder TC Energy Corp. said Wednesday.
Read more >
S&P/TSX composite starts May lower on Trump threat against China for coronavirus

S&P/TSX composite starts May lower on Trump threat against China for coronavirus

TORONTO — After posting its best monthly performance in years, Canada's main stock index started May by trending lower as investors reacted negatively to a U.S. retaliatory threat against China over COVID-19. U.S.
Read more >
Public companies get more time to file executive pay disclosures with regulators

Public companies get more time to file executive pay disclosures with regulators

TORONTO — Canada's securities commissions are giving public companies more time than usual to file information about their executive compensation, citing the decision to delay some annual shareholder meetings because of the COVID-19 pandemic.
Read more >
Imperial Oil reports $188M loss as COVID-19 hits workers, slows work schedule

Imperial Oil reports $188M loss as COVID-19 hits workers, slows work schedule

CALGARY — Imperial Oil Ltd. is slowing or deferring maintenance work throughout its operations as it tries to ensure employee safety in the wake of a COVID-19 outbreak that has infected 83 workers at its Kearl oilsands mine in northern Alberta.
Read more >