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National Business
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Wall Street loses ground, marking 2nd straight weekly loss
NEW YORK — Stocks ended lower on Wall Street as worries grow that the Federal Reserve and other central banks are willing to bring on a recession if that’s what it takes to get inflation under control. The S&P 500 fell 1.
Dec 16, 2022 1:07 PM
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Court case against ex-CannTrust leaders should prompt OSC 'soul-searching': experts
TORONTO — Legal experts say the acquittal of three former cannabis executives should prompt the Ontario Securities Commission to do some "deep soul searching." The Thursday acquittal of ex-CannTrust Holdings Inc.
Dec 16, 2022 12:25 PM
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Ontario and British Columbia headed for a buyer's market, RBC says
TORONTO — High interest rates will continue to hold back homebuyers into the new year, except in Ontario and British Columbia, a new report by RBC says. The report released Thursday said those purchasing real estate in Ontario and B.C.
Dec 16, 2022 12:10 PM
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Twitter suspends journalists who wrote about owner Elon Musk
Twitter suspended the accounts of several journalists who cover the social media platform, the latest battle over what can and cannot be said on the site since billionaire Elon Musk took control of it.
Dec 16, 2022 10:55 AM
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Hexo reports $52.1M net loss in Q2, announces share consolidation
GATINEAU, Que. — Hexo Corp. says its most recent quarter delivered a $52.1 million net loss as the cannabis company purged unprofitable products and streamlined its business. The Gatineau, Que.
Dec 16, 2022 7:17 AM
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First Quantum disappointed by government order to suspend work at Cobre Panama mine
TORONTO — First Quantum Minerals Ltd. says it is disappointed by a decision by the Panamanian government to order the suspension of work at its Cobre Panama mine.
Dec 16, 2022 6:07 AM
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Statistics Canada says wholesale sales up 2.1 per cent in October
OTTAWA — Statistics Canada says wholesale sales rose 2.1 per cent to $83.4 billion in October, boosted by gains in the miscellaneous goods, building material and supplies, and personal and household goods subsectors.
Dec 16, 2022 5:53 AM
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California approves roadmap for carbon neutrality by 2045
SACRAMENTO, Calif.
Dec 15, 2022 5:09 PM
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Former CannTrust leaders acquitted in unlicensed growing trial
TORONTO — An Ontario court has acquitted three former cannabis leaders charged with offences linked to unlicensed growing at a Niagara area greenhouse. The ex-CannTrust Holdings Inc.
Dec 15, 2022 3:10 PM
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Shell Canada snapping up gas stations in preparation for energy transition
CALGARY — After announcing its purchase of 56 gas stations from the parent company of Sobeys Thursday, Shell Canada is on the lookout for other potential acquisitions as it seeks to grow its retail fuel footprint across the country.
Dec 15, 2022 2:06 PM
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