Skip to content

National Business

Cannabis company Canopy Growth says chief executive David Klein to retire next year

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.
CMHC says annual pace of housing starts in July up 16% from June

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.
Green energy projects eye underground salt caverns as key to hydrogen storage

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.
Statistics Canada says manufacturing sales down 2.1% in June at $69.6B

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.
Harris zeroes in on high food and housing prices as inflation plays a big role in the campaign

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
TC Energy completes sale of Portland Natural Gas Transmission System

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.
Canada Jetlines becomes latest victim of cutthroat airline sector

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.
S&P/TSX composite up 1.2%, U.S. markets also climb after promising economic data

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.
Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy

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.
Labour minister rejects CN Rail's request for binding arbitration as lockout looms

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.