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Monday, September 16, 2019
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  • September 15, 2019
    Five things to watch for in the Canadian business world in the coming week
    TORONTO — Five things to watch for in the...
    Financial 
  • September 14, 2019
    NY finds $1B in hidden transfers by family behind OxyContin
    NEW YORK — The family that owns OxyContin maker...
    Pharmaceutical 
  • September 13, 2019
    Ontario’s pot Crown corporation lost $42 million in latest fiscal year
    TORONTO — Ontario Cannabis Retail Corp. lost $42 million in...
    Cannabis Retail & Ecommerce 
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

September 15, 2019
NY finds $1B in hidden transfers by family behind OxyContin

NY finds $1B in hidden transfers by family behind OxyContin

September 14, 2019
Ontario’s pot Crown corporation lost $42 million in latest fiscal year

Ontario’s pot Crown corporation lost $42 million in latest fiscal year

September 13, 2019
Financials help lift index in Toronto to record territory for a second day

Financials help lift index in Toronto to record territory for a second day

September 13, 2019

Just in…

  • Five things to watch for in the Canadian business world in the coming week
    September 15, 2019

    Five things to watch for in the Canadian business world in the coming week

    TORONTO — Five things to watch for in the Canadian business world...
  • NY finds $1B in hidden transfers by family behind OxyContin
    September 14, 2019

    NY finds $1B in hidden transfers by family behind OxyContin

    NEW YORK — The family that owns OxyContin maker Purdue Pharma used...
  • Ontario’s pot Crown corporation lost $42 million in latest fiscal year
    September 13, 2019

    Ontario’s pot Crown corporation lost $42 million in latest fiscal year

    TORONTO — Ontario Cannabis Retail Corp. lost $42 million in the latest fiscal year,...
  • Financials help lift index in Toronto to record territory for a second day
    September 13, 2019

    Financials help lift index in Toronto to record territory for a second day

    TORONTO — Canada’s main stock index pushed higher into record territory for...
  • Ontario lowers its deficit from $11.7B to $7.4B, partly due to more tax revenue
    September 13, 2019

    Ontario lowers its deficit from $11.7B to $7.4B, partly due to more tax revenue

    TORONTO — Ontario’s deficit now stands at $7.4 billion, down from the...
  • Financials help lift index in Toronto, while U.S. stock markets also rise
    September 13, 2019

    Financials help lift index in Toronto, while U.S. stock markets also rise

    TORONTO — The financial sector helped lift Canada’s main stock index to...
  • Statistics Canada says household debt ratio edged lower in second quarter
    September 13, 2019

    Statistics Canada says household debt ratio edged lower in second quarter

    OTTAWA — Statistics Canada says household income grew slightly faster than debt...
  • Tolko announces mill closure in B.C., putting 127 off the job in Kelowna
    September 13, 2019

    Tolko announces mill closure in B.C., putting 127 off the job in Kelowna

    VERNON, B.C. — Tolko Industries is cutting back its operations at a...
  • B.C. raked in $115 million in vacancy tax from about 12,000 homeowners
    September 12, 2019

    B.C. raked in $115 million in vacancy tax from about 12,000 homeowners

    VANCOUVER — British Columbia collected $115 million in the 2018-19 fiscal year from homeowners...
  • Most actively traded companies on the TSX
    September 12, 2019

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Thursday on the Toronto...
  • TSX hits record high, U.S. markets rise on easing trade tensions with China
    September 12, 2019

    TSX hits record high, U.S. markets rise on easing trade tensions with China

    TORONTO — Canada’s main stock index hit a record high Thursday thanks...
  • Realtor groups push for eased mortgage rules as federal campaign gets underway
    September 12, 2019

    Realtor groups push for eased mortgage rules as federal campaign gets underway

    TORONTO — Real estate associations representing nearly three-quarters of the realtors in Canada have called for...
  • North American stock markets push higher in late-morning trading
    September 12, 2019

    North American stock markets push higher in late-morning trading

    TORONTO — The financial and materials sectors helped Canada’s main stock index...
  • Supreme Court of Canada will not hear bread price fixing witness case
    September 12, 2019

    Supreme Court of Canada will not hear bread price fixing witness case

    OTTAWA — The Supreme Court of Canada will not hear an appeal...
  • How to tame addiction to subscriptions that can be a hidden drain on finances
    September 12, 2019

    How to tame addiction to subscriptions that can be a hidden drain on finances

    TORONTO — When it comes to spending, it’s often easy to overlook...
  • Aurora Cannabis shares down after it misses own Q4 revenue guidance
    September 12, 2019

    Aurora Cannabis shares down after it misses own Q4 revenue guidance

    EDMONTON — Shares of Aurora Cannabis were down about nine per cent after...

Investment

  • Empire Co. Ltd. reports $130.6M Q1 profit, up from $95.6M a year ago
    September 12, 2019

    Empire Co. Ltd. reports $130.6M Q1 profit, up from $95.6M a year ago

    STELLARTON, N.S. — Empire Co. Ltd. says it earned a profit of $130.6 million in its latest quarter, up from $95.6 million in the same quarter last year. The parent company of the Sobeys grocery chain says the profit amounted to 48 cents per share for the 13 weeks ended Aug. 3. That’s compared with a profit of 35 cents...
  • Toronto stock market rallies to seven-week high despite drop in crude oil prices
    September 11, 2019

    Toronto stock market rallies to seven-week high despite drop in crude oil prices

    TORONTO — Canada’s main stock index rallied to its highest level in seven weeks Wednesday despite crude oil prices getting hammered. Investors are slowly “nibbling” back...
  • Apple takes on Netflix with a $5-a-month streaming service
    September 11, 2019

    Apple takes on Netflix with a $5-a-month streaming service

    CUPERTINO, Calif. — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a...
  • Advisory panel raises concerns about Sidewalk Labs’ plans for Quayside
    September 10, 2019

    Advisory panel raises concerns about Sidewalk Labs’ plans for Quayside

    TORONTO — An advisory panel has raised concerns about Sidewalk Labs’ plans for the Quayside development on Toronto’s waterfront. Preliminary commentary from Waterfront Toronto’s digital advisory panel...

Cannabis

  • Ontario’s pot Crown corporation lost $42 million in latest fiscal year
    September 13, 2019

    Ontario’s pot Crown corporation lost $42 million in latest fiscal year

    TORONTO — Ontario Cannabis Retail Corp. lost $42 million in the latest fiscal year, according to newly released public documents....
    Cannabis Retail & Ecommerce 
  • Aurora Cannabis shares down after it misses own Q4 revenue guidance
    September 12, 2019

    Aurora Cannabis shares down after it misses own Q4 revenue guidance

    EDMONTON — Shares of Aurora Cannabis were down about nine per cent after the pot producer’s fourth-quarter...
    Cannabis Retail & Ecommerce Stocks to Watch 
  • Cannabis producer CannTrust lays off 180 workers after regulatory problems
    September 06, 2019

    Cannabis producer CannTrust lays off 180 workers after regulatory problems

    VAUGHAN, Ont. — An Ontario cannabis producer is laying off about 180 people. The layoffs come...
    Cannabis Health & Wellness Retail & Ecommerce 
  • Canopy ‘never been better,’ says interim CEO as investor set to take related loss
    September 05, 2019

    Canopy ‘never been better,’ says interim CEO as investor set to take related loss

    TORONTO — Canopy Growth Corp.’s interim chief executive says the mood at the cannabis producer has...
    Cannabis Health & Wellness Investment Stocks to Watch 
  • Tilray Inc. signs deal to acquire Alberta cannabis retailer Four20
    August 29, 2019

    Tilray Inc. signs deal to acquire Alberta cannabis retailer Four20

    NANAIMO, B.C. — Cannabis producer Tilray Inc. says it has signed a deal to acquire Alberta...
    Cannabis Retail & Ecommerce 
  • Canopy Rivers reports nearly $3M first-quarter loss, operating income up
    August 27, 2019

    Canopy Rivers reports nearly $3M first-quarter loss, operating income up

    TORONTO — Canopy Rivers Inc., the venture capital arm of cannabis company Canopy Growth Corp., reported...
    Cannabis Financial 

Mining

  • Mining royalty firm Franco-Nevada announces new leadership plans
    September 09, 2019

    Mining royalty firm Franco-Nevada announces new leadership plans

    TORONTO — Franco-Nevada Corp. has announced plans for a change in leadership at the gold-focused mining investment firm....
    Mining Stocks to Watch 
  • Osisko Gold Royalties and creditors sign deal to acquire Stornoway Diamond
    September 09, 2019

    Osisko Gold Royalties and creditors sign deal to acquire Stornoway Diamond

    MONTREAL — Osisko Gold Royalties Ltd. has signed a deal to acquire Stornoway Diamond Corp. with...
    Mining 
  • Foreign share of oilsands production falls from 33% to 16%, analysis shows
    September 03, 2019

    Foreign share of oilsands production falls from 33% to 16%, analysis shows

    CALGARY — When it comes to talking about how the northern Alberta oilsands have lost their...
    Energy Investment Mining Oil & Gas 
  • Mining sector helps boost stocks in Toronto while U.S. stock markets tick lower
    August 27, 2019

    Mining sector helps boost stocks in Toronto while U.S. stock markets tick lower

    TORONTO — Mining stocks helped Canada’s main stock index head higher in late-morning trading, while U.S....
    Mining 
  • Teck zinc production to take a hit after equipment failure at refinery
    August 27, 2019

    Teck zinc production to take a hit after equipment failure at refinery

    VANCOUVER — Teck Resources Ltd. says zinc production will be less than expected after an electrical...
    Mining Stocks to Watch 
  • TC Energy applauds Nebraska court victory over opponents of Keystone XL pipeline
    August 23, 2019

    TC Energy applauds Nebraska court victory over opponents of Keystone XL pipeline

    CALGARY — One of the last major hurdles for the Keystone XL crude oil pipeline was...
    Energy Mining Oil & Gas 

Financial

  • Five things to watch for in the Canadian business world in the coming week
    September 15, 2019

    Five things to watch for in the Canadian business world in the coming week

    TORONTO — Five things to watch for in the Canadian business world in the coming week:...
    Financial 
  • Financials help lift index in Toronto to record territory for a second day
    September 13, 2019

    Financials help lift index in Toronto to record territory for a second day

    TORONTO — Canada’s main stock index pushed higher into record territory for a second day in...
    Financial 
  • Financials help lift index in Toronto, while U.S. stock markets also rise
    September 13, 2019

    Financials help lift index in Toronto, while U.S. stock markets also rise

    TORONTO — The financial sector helped lift Canada’s main stock index to a triple-digit advance in...
    Financial 
  • Most actively traded companies on the TSX
    September 12, 2019

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock...
    Financial 
  • TSX hits record high, U.S. markets rise on easing trade tensions with China
    September 12, 2019

    TSX hits record high, U.S. markets rise on easing trade tensions with China

    TORONTO — Canada’s main stock index hit a record high Thursday thanks to broad-based gains including the heavyweight financial...
    Financial 
  • North American stock markets push higher in late-morning trading
    September 12, 2019

    North American stock markets push higher in late-morning trading

    TORONTO — The financial and materials sectors helped Canada’s main stock index move up in late-morning...
    Financial 

Economics

  • Ontario lowers its deficit from $11.7B to $7.4B, partly due to more tax revenue
    September 13, 2019

    Ontario lowers its deficit from $11.7B to $7.4B, partly due to more tax revenue

    TORONTO — Ontario’s deficit now stands at $7.4 billion, down from the $11.7 billion stated in...
    Economics Politics 
  • Statistics Canada says household debt ratio edged lower in second quarter
    September 13, 2019

    Statistics Canada says household debt ratio edged lower in second quarter

    OTTAWA — Statistics Canada says household income grew slightly faster than debt in the second quarter,...
    Economics 
  • Tolko announces mill closure in B.C., putting 127 off the job in Kelowna
    September 13, 2019

    Tolko announces mill closure in B.C., putting 127 off the job in Kelowna

    VERNON, B.C. — Tolko Industries is cutting back its operations at a lumber mill in Kelowna,...
    Economics Industry 
  • B.C. raked in $115 million in vacancy tax from about 12,000 homeowners
    September 12, 2019

    B.C. raked in $115 million in vacancy tax from about 12,000 homeowners

    VANCOUVER — British Columbia collected $115 million in the 2018-19 fiscal year from homeowners who paid the province’s...
    Economics Politics Real Estate 
  • Realtor groups push for eased mortgage rules as federal campaign gets underway
    September 12, 2019

    Realtor groups push for eased mortgage rules as federal campaign gets underway

    TORONTO — Real estate associations representing nearly three-quarters of the realtors in Canada have called for federal parties to commit...
    Economics Politics Real Estate 
  • European Central Bank unveils new help for economy
    September 12, 2019

    European Central Bank unveils new help for economy

    FRANKFURT — The European Central Bank on Thursday delivered a new blast of monetary stimulus to...
    Economics 

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Stocks to Watch

  • Supreme Court of Canada will not hear bread price fixing witness case
    September 12, 2019

    Supreme Court of Canada will not hear bread price fixing witness case

    OTTAWA — The Supreme Court of Canada will not hear an appeal of a lower court...
  • Aurora Cannabis shares down after it misses own Q4 revenue guidance
    September 12, 2019

    Aurora Cannabis shares down after it misses own Q4 revenue guidance

    EDMONTON — Shares of Aurora Cannabis were down about nine per cent after the pot producer’s fourth-quarter...
  • Transat AT reports $11M loss as it works to complete Air Canada deal
    September 12, 2019

    Transat AT reports $11M loss as it works to complete Air Canada deal

    MONTREAL — Transat AT Inc. reports it had an $11.0-million loss in its latest quarter as it...
  • Empire Co. Ltd. reports $130.6M Q1 profit, up from $95.6M a year ago
    September 12, 2019

    Empire Co. Ltd. reports $130.6M Q1 profit, up from $95.6M a year ago

    STELLARTON, N.S. — Empire Co. Ltd. says it earned a profit of $130.6 million in its...
  • Most actively traded companies on the TSX
    September 11, 2019

    Most actively traded companies on the TSX

    TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock...
  • Retailer Roots reports nearly $9.7M Q2 loss, falls short of expectations
    September 11, 2019

    Retailer Roots reports nearly $9.7M Q2 loss, falls short of expectations

    TORONTO — Retailer Roots Corp. reported a loss of nearly $9.7 million in its latest quarter...

Technology

  • September 12, 2019

    How to tame addiction to subscriptions that can be a hidden drain on finances

  • September 11, 2019

    Toronto stock market rallies to seven-week high despite drop in crude oil prices

    TORONTO — Canada’s main stock index rallied to its highest level in seven weeks Wednesday despite crude oil...
  • September 11, 2019

    Apple takes on Netflix with a $5-a-month streaming service

    CUPERTINO, Calif. — Apple is finally taking on Netflix with its own streaming television service and,...
  • September 10, 2019

    Advisory panel raises concerns about Sidewalk Labs’ plans for Quayside

    TORONTO — An advisory panel has raised concerns about Sidewalk Labs’ plans for the Quayside development on Toronto’s...
  • September 10, 2019

    Apple TV Plus to launch in Canada this fall for $5.99

    TORONTO — Apple TV Plus is headed to Canada this fall. The latest competitor to throw...
  • September 10, 2019

    Toronto stock market edges lower, despite energy sector gains; U.S. stocks down

    TORONTO — Canada’s main stock index edged lower as gains in the energy sector were offset...
  • September 09, 2019

    Shopify to buy fulfilment solutions company 6 River Systems for US$450M

    OTTAWA — Shopify Inc. says it will buy fulfilment solutions company 6 River Systems Inc. in a US$450 million...
  • September 09, 2019

    British Airways grounds nearly all flights as pilots strike

    LONDON — British Airways has cancelled almost all its flights for 48 hours, affecting as many...
  • September 09, 2019

    Federal response to ‘gig’ workers hindered by unreliable data, documents say

    OTTAWA — A newly released government document shows that federal officials feel stymied by data roadblocks...
  • September 06, 2019

    Huawei debuts latest advanced chipset for smartphone

    BERLIN — Chinese tech giant Huawei unveiled its latest advanced chipset Friday ahead of the upcoming...

Real Estate

  • September 12, 2019

    B.C. raked in $115 million in vacancy tax from about 12,000 homeowners

  • September 12, 2019

    Realtor groups push for eased mortgage rules as federal campaign gets underway

    TORONTO — Real estate associations representing nearly three-quarters of the realtors in Canada have called for federal parties to commit...
  • September 10, 2019

    CMHC reports annual pace of housing starts climbed 1.9 per cent in August

    OTTAWA — Canada Mortgage and Housing Corp. says the pace of new housing starts in August...
  • September 06, 2019

    Greater Montreal home sales rise 10 per cent in August as prices also climb

    MONTREAL — Greater Montreal home sales in August rose 10 per cent compared with a year...
  • September 05, 2019

    Toronto real estate board says August home sales up 13.4% compared with year ago

    TORONTO — The Toronto Real Estate Board says home sales in the Greater Toronto Area in...
  • September 04, 2019

    Vancouver area home prices fall in August, number of sales up from year earlier

    VANCOUVER — The number of homes sold in the Greater Vancouver area was up in August compared...
  • August 29, 2019

    Alphabet and Teachers’ to launch infrastructure investment company

    TORONTO — Google affiliates Alphabet Inc. and Sidewalk Labs are partnering with the Ontario Teachers’ Pension Plan to...
  • August 26, 2019

    Tribunal on Toronto short-term, Airbnb-type rental regulations begin

    TORONTO — A hearing on the fate of Toronto’s short-term rental market is getting underway at the...
  • August 21, 2019

    US home sales rose 2.5% in July, aided by low mortgage rates

    WASHINGTON — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have...
  • August 21, 2019

    Inflation hits Bank of Canada 2% target for second straight month

    OTTAWA — The Canadian annual inflation rate came in at two per cent in July to...

Oil & Gas

  • September 11, 2019

    Toronto stock market rallies to seven-week high despite drop in crude oil prices

  • September 11, 2019

    Global demand for oil appears to have slowed according to latest OPEC estimate

    CALGARY — The Organization of Petroleum Exporting Countries says global demand for crude oil appears to...
  • September 11, 2019

    Energy, materials and financials lift index in Toronto; U.S. markets also up

    TORONTO — The key energy, materials and financial sectors helped lift Canada’s main stock index higher...
  • September 10, 2019

    Court orders federal agency to explain pipeline decision

    CLEVELAND — The nation’s top appeals court has ordered a federal agency to explain why it...
  • September 10, 2019

    Toronto stock market edges lower, despite energy sector gains; U.S. stocks down

    TORONTO — Canada’s main stock index edged lower as gains in the energy sector were offset...
  • September 10, 2019

    Obsidian Energy launches formal strategic review including possible sale

    CALGARY — Obsidian Energy Ltd. says it has launched a formal process to explore strategic alternatives,...
  • September 10, 2019

    Suncor to spend $1.4B to replace coke-fired boilers with cogeneration units

    CALGARY — Suncor Energy Inc. says it will spend $1.4 billion to replace its coke-fired boilers...
  • September 09, 2019

    Materials sector weighs on stocks in Toronto, U.S. stock markets trade higher

    TORONTO — Canada’s main stock index was down in late-morning trading as losses in the materials...
  • September 08, 2019

    Five things to watch for in the Canadian business world in the coming week

    TORONTO — Five things to watch for in the Canadian business world in the coming week:...
  • September 06, 2019

    Energy sector weighs on stocks in Toronto, loonie up after strong jobs report

    TORONTO — Losses in the energy sector weighed on Canada’s main stock index in late-morning trading,...

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