Skip to content

National Business

Canadians spent $908M at cannabis stores since legalization, StatCan says

Canadians spent $908M at cannabis stores since legalization, StatCan says

OTTAWA — Canadians spent about $908 million on non-medical cannabis in the first year since legalization, but online sales dropped as more brick-and-mortar locations opened, said Statistics Canada.
Canadian dollar hits five-week high after Fed says it sees no rate changes in 2020

Canadian dollar hits five-week high after Fed says it sees no rate changes in 2020

TORONTO — The Canadian dollar touched a five-week high Wednesday after the U.S. Federal Reserve's signal of no interest rate cuts next year hurt the greenback and supported American stock markets. The loonie traded for 75.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,939.61, down 11.09 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down four cents, or 2.08 per cent, to $1.88 on 9.
Customer headaches persist over Air Canada booking system ahead of travel season

Customer headaches persist over Air Canada booking system ahead of travel season

MONTREAL — More than three weeks after Air Canada launched a new booking system, customers continue to encounter headaches on the cusp of holiday travel season. The airline introduced the reservation system on Nov.
OSC grants standing to Catalyst's application against HBC takeover bid

OSC grants standing to Catalyst's application against HBC takeover bid

The Ontario Securities Commission will hear a minority shareholder's application to block a privatization bid for Hudson's Bay Co.
Poll finds most Canadians want Huawei barred from the country's 5G networks

Poll finds most Canadians want Huawei barred from the country's 5G networks

VANCOUVER — A new survey says Canadian public opinion is solidly against allowing Huawei as a supplier for the new generation of ultra-fast wireless networks that are being built by the country's telecommunications companies.
Fed leaves low rates alone and foresees no moves in 2020

Fed leaves low rates alone and foresees no moves in 2020

WASHINGTON — The Federal Reserve left its benchmark interest rate alone Wednesday and signalled that it expects to keep low rates unchanged through next year. The Fed's decision follows three rate cuts earlier this year.
Canada's maple syrup production reaches record high while honey output drops

Canada's maple syrup production reaches record high while honey output drops

OTTAWA — Production of two natural Canadian sweeteners moved in opposite directions last season, with maple syrup output reaching a record high and honey volume dropping to its lowest level in several years.
Canadian auto employment up one per cent as of third quarter, says analyst

Canadian auto employment up one per cent as of third quarter, says analyst

TORONTO — An automotive industry analyst says that despite reported doom and gloom about the sector, average employment in the industry at the end of the third quarter was up one per cent compared with a year ago.
Thunberg accuses leaders of 'creative PR' at climate talks

Thunberg accuses leaders of 'creative PR' at climate talks

MADRID — Activist Greta Thunberg on Wednesday accused governments and businesses of misleading the public by holding climate talks that are not achieving real action against the world's “climate emergency.
Rogers Media
6080 Young Street Halifax, NS, B3K 5L2 © 2006-2019 Rogers Media. All rights reserved.