The Canadian Press

Bank of Canada senior deputy governor says global economic picture has worsened

The global economic picture has worsened, increasing risks to global growth and chances of financial stress that could spill over into Canada, the senior deputy governor of the Bank of Canada said Tuesday

Gatineau’s Hexo destroying cannabis grown in unlicensed area of Niagara facility

Hexo Corp. says it is in the process of destroying cannabis that was grown without a licence at a facility it acquired in Niagara, that was part of its purchase of Newstrike Brand Ltd.

Bell, big cable networks ask government to overrule CRTC on wholesale rates

Canada's largest telecommunications companies formally asked the federal cabinet on Wednesday to overturn a regulatory decision that slashes what they can charge their smaller competitors for access to their high-speed fibre networks

Canopy Growth says lack of Ontario cannabis retail outlets holds back industry

The Ontario government's inability to develop sufficient retail capacity for cannabis products is forcing Canopy to revise its fourth-quarter guidance as Canada's market 'is simply not living up to expectations'

Canadian insolvencies increase 8.4% over past 12 months to September

The number of consumer insolvencies (bankruptcies and proposals) increased to 8.5% compared with the same period a year earlier, while business insolvencies grew by 4.1%

Five Canadian business stories to watch this week

The latest earnings from Loblaw Companies and other major Canadian brands are due out this coming week

Cumberland Coun. Stephen Blais named Ontario Liberal candidate in Orléans byelection

The Ontario Liberals have nominated Stephen Blais as their candidate for an upcoming byelection in the riding of Orléans

Ottawa Fury pro-soccer team suspends operations

The Ottawa Fury are suspending operations, taking professional soccer out of the nation's capital

Bruce Linton named executive chairman at U.S. cannabis firm Vireo

Canopy Growth Corp. founder Bruce Linton has been named executive chairman of U.S. cannabis company Vireo Health International Inc

CMHC says housing market stabilizing, moderate vulnerability remains

CMHC says cities including Ottawa, Montreal, Quebec, Moncton, Halifax and St. John's show a low degree of vulnerability

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