Couche-Tard wants to be a player in the sale of cannabis

Couche-Tard wants to be a player in the sale of cannabis
LAVAL, Que. — Alimentation Couche-Tard Inc. wants to be one of the “key players” in the North American cannabis market by using its position in Canada — where use of the substance for recreational purposes is legal — to achieve this goal. But the expertise to be developed by the operator of convenience stores and gas stations in selling the drug will have to... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,800.29, down 34.46 points.) Encana Corp. (TSX:ECA). Energy. Down 18 cents, or 2.62 per cent, to $6.69 on 9 million shares. Kinross Gold Corp. (TSX:K). Materials. Down 19 cents, or 2.77 per cent, to $6.67 on 7.4 million shares. Crescent Point Energy Corp. (TSX:CPG). Energy. Up two... Read More

A divided Fed reduces rates but may not cut again this year

A divided Fed reduces rates but may not cut again this year
WASHINGTON — A sharply divided Federal Reserve cut its benchmark interest rate Wednesday for a second time this year but declined to signal that further rate cuts are likely this year. The Fed’s move reduced its key short-term rate — which influences many consumer and business loans — by an additional quarter-point to a range of 1.75% to 2%. The... Read More

Air Canada trails global peers in fee revenue, but Aeroplan poised to boost it

Air Canada trails global peers in fee revenue, but Aeroplan poised to boost it
MONTREAL — All those checked bags, seating upgrades and onboard snacks you pay for on Air Canada flights are starting to add up for the company. While the country’s biggest airline lags behind other global carriers in revenue from passenger fees, it is poised to catch up after its recent purchase of the Aeroplan rewards program, a new report says. Air Canada... Read More

Tim Hortons cuts imitation meat products from menus except in Ontario and B.C.

Tim Hortons cuts imitation meat  products from menus except in Ontario and B.C.
TORONTO — Tim Hortons will be removing imitation meat sandwiches from thousands of Canadian locations other than in B.C. and Ontario Parent company Restaurant Brands International Inc. says it is pulling Beyond Meat vegetable-based burgers and breakfast sandwiches from menus in all provinces except B.C. and Ontario, where the “positive reaction” means customers can continue to enjoy them. In an email, spokeswoman Jane... Read More

Alberta to return all CannTrust products after Health Canada suspensions

Alberta to return all CannTrust products after Health Canada suspensions
VAUGHAN, Ont. — The Alberta government’s cannabis wholesaler and online retailer is returning all products from CannTrust Holdings Inc. after Health Canada suspended the company’s licences to produce and sell pot. A spokeswoman for the Alberta Gaming, Liquor & Cannabis Commission says it intends to return its remaining supply of on-hold CannTrust products to the Vaughan, Ont.-based company, but would not confirm the... Read More

Iran tells US retaliation looms if targeted for Saudi attack

Iran tells US retaliation looms if targeted for Saudi attack
TEHRAN, Iran — Iran has warned the U.S. it will retaliate “immediately” if Tehran is targeted over a weekend attack on Saudi oil installations, its state-run news agency reported Wednesday, further raising Mideast tensions. Iran’s president and foreign minister also may not be able to attend next week’s high-level meetings at the United Nations as the U.S. has yet to... Read More

EU chief: The risk of a no-deal Brexit ‘remains very real’

EU chief: The risk of a no-deal Brexit ‘remains very real’
STRASBOURG, France — The risk of Britain leaving the European Union without a divorce deal remains “very real,” European Commission chief Jean-Claude Juncker declared Wednesday as EU lawmakers debated the ramifications of a no-deal Brexit. Speaking at the European Parliament in Strasbourg, France, Juncker, who met with British Prime Minister Boris Johnson on Monday, said a no-deal Brexit “might be... Read More