The Canadian Press

Immediate worry of COVID-19 spurred Bank of Canada rate cut, Poloz says

Canada's top central banker says concerns about the immediate impact of the novel coronavirus spurred the Bank of Canada to cut its trend-setting interest rate this week

Canopy Growth to lay off 500, close two greenhouses in B.C.

Canopy Growth Corp. is orchestrating a massive overhaul involving a layoff of 500 workers and a multimillion-dollar writedown

Shopify cancels events at L.A. space for entrepreneurs amid coronavirus concerns

Shopify Inc. says it is postponing all events, one-on-one appointments and workshops at its Los Angeles entrepreneurs' space

Ottawa Senators fire CEO Jim Little after two months on the job

The Ottawa Senators fired new CEO Jim Little on Wednesday, continuing a string of executive departures for...

Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns

The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response to the economic shock from the novel coronavirus outbreak.

Bank of Canada cuts key rate to 1.25 per cent amid coronavirus concerns

The Bank of Canada is cutting its key interest rate target by half of a percentage point, dropping it to 1.25 per cent in response to the economic shock from the novel coronavirus outbreak.

Bruce Linton-backed psychedelics business Mind Medicine joins NEO Exchange

The company is backed by two high profile personalities, including former Canopy Growth CEO Bruce Linton, who sits on its board, and venture capitalist Kevin O'Leary who serves as an investor and adviser

Five Canadian business stories to watch this week

The latest job figures from Statistics Canada and an interest rate update from the Bank of Canada are on tap this coming week

Shopify cancels annual conference due to fears over coronavirus

Shopify Inc. says the recent outbreak of a novel form of coronavirus has prompted it to cancel its annual conference

Ontario Liberals win pair of provincial byelections in Ottawa area

The Ontario Liberals won two Ottawa-area byelections in convincing fashion Thursday night, hanging onto the ridings with more than 50 per cent of the vote

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