Canopy Growth says more cost cuts coming as it reports $124M loss
SMITHS FALLS, ONT. — Canopy Growth Corp. is planning further cost cutting as it works to achieve positive cash flow and profitability, the cannabis producer’s...
Category : Business
TC Energy CEO says he’s ‘extremely disappointed’ by Coastal GasLink opposition
CALGARY — The CEO of pipeline and power company TC Energy Corp. says he’s “extremely disappointed” that police have had to be called in to...
StubHub to pay $1.3 million penalty in misleading price claims case
StubHub Canada Ltd. and StubHub Inc. will pay a $1.3 million penalty for making misleading pricing claims and will ensure costs for Canadian events it...
Bombardier is out of commercial aviation with plan to sell C Series stake
MONTREAL — Bombardier Inc. is selling its remaining stake in the A220 jetliner program, marking the end of its failed bid to take on the...
TSX and U.S. stock markets retreat on reported jump in novel coronavirus cases
TORONTO — Canada’s main stock index retreated as reported jump in novel coronavirus cases pulls down energy sector. The S&P/TSX composite index was down 13.85...
Bombardier to report earnings as future of the company hangs in the balance
MONTREAL — Bombardier Inc. is set to report earnings today as rumours continue to swirl around the potential sale of one of its two main...
Airbus shows loss for 2019 due to big bribery settlement
FRANKFURT — Commercial aircraft maker Airbus lost 1.36 billion euros (US$1.48 billion) in 2019 because of a multibillion-euro bribery settlement with authorities in three countries,...
Nissan sues Ghosn, seeking damages for property, jet use
Nissan filed a civil suit Wednesday seeking 10 billion yen (US$91 million) in damages from the Japanese automaker’s former Chairman Carlos Ghosn. Nissan Motor Co....
Businesses struggle to fix supply chains disrupted by virus
WASHINGTON — Chinese authorities are struggling to strike a delicate balance between containing a viral outbreak and restarting the world’s second-biggest economy after weeks of...
Shopify helps technology sector lift S&P/TSX composite; loonie gains
TORONTO — Canada’s main stock index pushed into record territory led by the technology sector as shares in Shopify Inc. soared after the retail software...