Automated cars could kill wide range of jobs, federal documents say

Automated cars could kill wide range of jobs, federal documents say
OTTAWA — More than one million jobs could be lost to the coming boom in automated vehicles with ripple effects beyond the likeliest victims, internal government documents warn. The documents from Employment and Social Development Canada give a glimpse into the ongoing concerns and policy options government officials have wrestled with to help workers whose jobs may be threatened, and young people who... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,409.47, down 4.82 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up $1.36, or 9.92 per cent, to $15.07 on 44.9 million shares. Aphria Inc. (TSX:APH). Health care. Up 79 cents, or 4.13 per cent, to $19.90 on 10.8 million shares. RNC Minerals. (TSX:RNX). Metals. Up five cents, or 6.33 per cent, to 84... Read More

More than 1 in 5 businesses hit by cyberattacks last year: StatCan survey

More than 1 in 5 businesses hit by cyberattacks last year: StatCan survey
More than one in five Canadian companies say they were impacted by a cyberattack last year, with businesses spending $14 billion on cybersecurity as they confront greater risks in the digital world, according to a new Statistics Canada survey. The most common suspected motive was an attempt to steal money or demand a ransom payment, according to the survey. Theft of personal... Read More

In New Brunswick, legalized recreational cannabis seen as green gold

In New Brunswick, legalized recreational cannabis seen as green gold
FREDERICTON — The New Brunswick government is hoping legalized cannabis will help ignite the province’s economy — but a possible change in government after a deadlocked election has created uncertainties about how the retail regime might eventually look. The Liberals under Premier Brian Gallant have seen cannabis as green gold — a chance to create production and retail jobs and rake in profits... Read More

B.C. receives 173 cannabis shop applications but only one store opening Oct. 17

B.C. receives 173 cannabis shop applications but only one store opening Oct. 17
VICTORIA — British Columbia’s public safety minister says the government has received 173 applications for cannabis retail outlets, but only one approved store will open Wednesday when marijuana sales become legal in Canada. Mike Farnworth says other outlets will follow the approved store in Kamloops, in British Columbia’s Interior. Farnworth says more cannabis shops will open in the coming months but there... Read More

North American markets mixed as technology stocks weigh, loonie rises

North American markets mixed as technology stocks weigh, loonie rises
TORONTO — Canada’s main stock index was trading up slightly in mid-morning as gold and cannabis stocks traded up, while U.S. markets were mixed as technology stocks traded lower. The S&P/TSX composite index was up 14.75 points at 15,429.04. The Canadian dollar traded higher at 77.04 cents US compared with an average of 76.7 cents US on Friday. In New York, the Dow Jones... Read More

Better wages, job protection, in new contract with big Manitoba grocer

Better wages, job protection, in new contract with big Manitoba grocer
WINNIPEG — About 3,500 workers at Superstore, Extra Foods, and No Frills stores in Manitoba have ratified a new contract with Loblaw. United Food and Commercial Workers Local 832 says in a statement posted to its website that the five-year agreement — voted on by its members on Sunday — improves wages and protects full-time positions. The union also says the... Read More

Companies optimistic even before new continental trade pact: Bank of Canada

Companies optimistic even before new continental trade pact: Bank of Canada
OTTAWA — A new Bank of Canada poll suggests companies are optimistic about the year ahead — especially when it comes to sales growth, foreign demand and their investment plans. The quarterly survey was conducted between mid-August and mid-September — before Canada agreed to an updated North American free trade deal that has alleviated some of the economic uncertainty. The bank’s poll of senior managers from about 100 firms found that overall business... Read More

September home sales fell 0.4 per cent compared with August: CREA

September home sales fell 0.4 per cent compared with August: CREA
OTTAWA — The Canadian Real Estate Association says home sales in September fell 0.4 per cent compared with August. The association says it was the first month-over-month decline since April. Sales fell in slightly more than half of all local markets, led by Vancouver Island and Edmonton, along with several markets in Ontario’s Greater Golden Horseshoe region. The move lower... Read More

Canopy Growth buying U.S. hemp research firm Ebbu in deal worth more than $425M

Canopy Growth buying U.S. hemp research firm Ebbu in deal worth more than $425M
SMITH FALLS, Ont. — Canopy Growth Corp. has signed a deal to buy Ebbu Inc., a Colorado-based hemp researcher, in a stock-and-cash deal worth more than $425 million. Under the agreement, Canopy will pay $25 million in cash and issue 6,221,210 shares to Ebbu. The company will also pay up to an additional $100 million if certain scientific-related milestones are achieved... Read More