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Cannabis company Canopy Growth says chief executive David Klein to retire next year
SMITHS FALLS, Ont. — Canopy Growth Corp. says chief executive David Klein is retiring next year. The cannabis company says Klein will call it quits at the end of the company's current financial year on March 31, 2025.
Aug 16, 2024 11:16 AM
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CMHC says annual pace of housing starts in July up 16% from June
OTTAWA — The annual pace of housing starts in July climbed 16 per cent compared with June as starts of multi-unit projects shot higher for the month, Canada Mortgage and Housing Corp. says.
Aug 16, 2024 11:03 AM
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Green energy projects eye underground salt caverns as key to hydrogen storage
Triple Point Resources Ltd. CEO Julie Lemieux wants people to understand the sheer size of the Fischell Salt Dome, a geological formation on Newfoundland's west coast she says could play a key role in the green energy transition.
Aug 16, 2024 10:13 AM
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Statistics Canada says manufacturing sales down 2.1% in June at $69.6B
OTTAWA — Statistics Canada says manufacturing sales fell 2.1 per cent to $69.6 billion in June, as sales for the transportation equipment, chemical product and primary metal subsectors moved lower.
Aug 16, 2024 9:41 AM
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Harris zeroes in on high food and housing prices as inflation plays a big role in the campaign
WASHINGTON (AP) — Vice President Kamala Harris is zeroing in on high food and housing prices as her campaign previews an economic policy speech Friday in North Carolina, promising to push for a federal ban on price gouging on groceries and laying out
Aug 15, 2024 8:06 PM
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TC Energy completes sale of Portland Natural Gas Transmission System
CALGARY — TC Energy Corp. says it and its partner have successfully completed the sale of Portland Natural Gas Transmission System. Earlier this year, the companies announced they were selling the U.S. pipeline for US$1.
Aug 15, 2024 6:06 PM
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Canada Jetlines becomes latest victim of cutthroat airline sector
Less than two years after it first hit the skies, Canada Jetlines has grounded its planes and ceased operations amid a cash crisis that caused it to become the third Canadian carrier in less than a year to stop flying.
Aug 15, 2024 4:59 PM
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S&P/TSX composite up 1.2%, U.S. markets also climb after promising economic data
TORONTO — Canada's main stock index gained 1.2 per cent Thursday in a broad-based rally, while U.S. markets also soared to trade near recent record highs.
Aug 15, 2024 4:41 PM
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Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy
NEW YORK (AP) — Wall Street rallied to one of its best days of the year Thursday after data showed the U.S. economy is holding up better than expected , with particular credit going to the country’s shoppers . The S&P 500 jumped 1.
Aug 15, 2024 4:18 PM
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Labour minister rejects CN Rail's request for binding arbitration as lockout looms
OTTAWA — Labour Minister Steven MacKinnon has rejected a request from Canadian National Railway Co. for binding arbitration as the clock ticks down to a potential lockout of its employees.
Aug 15, 2024 3:57 PM
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