NSLC president offers glimpse inside Nova Scotia’s ‘unique’ cannabis stores

NSLC president offers glimpse inside Nova Scotia’s ‘unique’ cannabis stores
HALIFAX — The Nova Scotia Liquor Corp. offered a glimpse inside one of its coming cannabis stores Wednesday, showcasing a unique retail hybrid not likely found anywhere else in the world. NSLC president and CEO Bret Mitchell took media on a tour of the cannabis store that’s inside the NSLC on Joseph Howe Drive in Halifax, saying Nova Scotia is the only jurisdiction that brings cannabis... Read More

EU fines Google a record $5 billion over mobile system

EU fines Google a record $5 billion over mobile system
BRUSSELS — The European Union’s antitrust chief has fined Google a record $5 billion for abusing the market dominance of its Android mobile phone operating system. EU Competition Commissioner Margrethe Vestager said Wednesday that Google went against EU rules when it required mobile phone producers to pre-install the Google Search and browser apps as a condition for licensing Google’s app... Read More

Loblaw delivers closing arguments in $437-million tax dispute with CRA

Loblaw delivers closing arguments in $437-million tax dispute with CRA
TORONTO — A lawyer for Loblaw Companies Ltd. told a Toronto court today there is no evidence to back the Canada Revenue Agency’s allegations that its Barbadian banking subsidiary was misused for tax avoidance. Loblaw’s lawyer Al Meghji said in his closing arguments at the Tax Court of Canada that Barbados-based Glenhuron Bank is viewed as a bank under Barbadian law, and should qualify for... Read More

Prime time: A day of deals at Amazon, and at its rivals

Prime time: A day of deals at Amazon, and at its rivals
NEW YORK — Amazon is extending its annual “Prime Day” promotion to 36 hours this year and will try to lure more deal-seekers to the aisles of Whole Foods. Shoppers will have plenty of sales to choose from as other retailers offer promotions to try to take a share of the spending. This year’s sales event, which starts Monday afternoon,... Read More

China’s economic growth cools amid trade tensions

China’s economic growth cools amid trade tensions
BEIJING — China’s economic growth slowed in the quarter ending in June, adding to challenges for Beijing as its tariff battle with Washington escalates. The world’s second-largest economy expanded by 6.7 per cent over a year earlier, down from the previous quarter’s 6.8 per cent, the government reported Monday. Key drivers of growth including spending on construction and other investments were weakening even... Read More

NAFTA talks hurt Canadian exporters even before trade dispute escalation: poll

NAFTA talks hurt Canadian exporters even before trade dispute escalation: poll
OTTAWA — A growing number of Canadian exporters were saying the NAFTA talks were having a negative impact on their operations even before the trade dispute with the United States escalated in recent weeks. A survey done for Export Development Canada found 28 per cent of the 1,000 exporters asked said the NAFTA talks had a negative impact on their... Read More

Package delivery firms get ready to fill gap as Greyhound leaves Western Canada

Package delivery firms get ready to fill gap as Greyhound leaves Western Canada
CALGARY — Package delivery firms say they are prepared to fill the gap when Greyhound Canada closes most of its Western Canada operations this fall. The company says its Greyhound Package Express service will no longer be available in most parts of B.C., northern Ontario and all of Alberta, Saskatchewan and Manitoba after it ends passenger service at the end of October. “It... Read More

Michelin agrees to buy Quebec off-road tire maker Camso for $1.91 billion

Michelin agrees to buy Quebec off-road tire maker Camso for $1.91 billion
MONTREAL — Michelin says it has reached agreement to purchase Quebec off-road tire maker Camso for about $1.91 billion. The French-based tire giant says the acquisition will create the world’s largest off-the-road division. Camso, a privately held company based in Magog, Que., has been in business since 1982 and is a market leader in rubber tracks for farm equipment and... Read More

Stampede spirit boosts attendance but Calgary economy still in recovery mode

Stampede spirit boosts attendance but Calgary economy still in recovery mode
Calgary’s economy is looking good as Stampede spirit grips Canada’s oil and gas headquarters city — although not quite as good as it was a few years ago. The annual outdoor event set an attendance record for its parade day last Friday and cumulative attendance through Tuesday is second only to the overall record set in 2012 when the Stampede celebrated its 100th anniversary. Ben Gerwing, president of manufacturer... Read More

Amazon to open new fulfillment centre in Ottawa, creating some 600 jobs

Amazon to open new fulfillment centre in Ottawa, creating some 600 jobs
Amazon is expanding its footprint in Canada with a fulfilment centre in Ottawa that will create 600 full-time jobs. The e-commerce giant announced Tuesday that employees at the new warehouse in the capital city’s eastern suburb of Orleans will pick, pack and ship large items such as household decor, sporting equipment and gardening tools. The warehouse will be the company’s eighth... Read More