The Canadian Press

Rental buildings making a comeback as housing crunch pushes demand, returns

Decades of under-investment made dedicated rental buildings an afterthought for many, but the industry has been quietly gathering momentum and attracting deep-pocketed investors

Five Canadian business stories to watch this week

The latest employment numbers from Statistics Canada are due out this coming week

Bank of Canada holds interest rate, warns economy’s resilience to be ‘tested’

The Bank of Canada kept its key interest rate on hold Wednesday to position the country as...

Big business makes post-election pitch to incoming federal government

Big business is adding its voice to a broader call for economy-lifting changes in Canada following an election campaign widely criticized for its dearth of deep policy discussion

Hexo shares slip as it reports $56.7M fourth quarter loss

Shares of Hexo Corp. fell after the cannabis company posted a larger-than-expected fourth-quarter adjusted loss and an inventory writedown

Five Canadian business stories to watch this week

The Bank of Canada's next interest rate announcement and earnings from a slew of Canadian companies are on the docket this week

Postmedia reports Q4 profit amid cost containment, higher digital revenue

Postmedia Network Canada Corp. says it earned $7.9 million in its fourth quarter, helped by lower expenses compared with a year ago

Gatineau pot firm Hexo cutting 200 jobs as it looks to profitability, ‘long-term viability’

Gatineau-based pot firm Hexo is reducing its workforce by 200 jobs to adjust for expected future revenues and "ensure the long-term viability" of the firm, its chief executive said

Gatineau pot firm Hexo postpones Q4 earnings amid $70M financing

Cannabis company Hexo says it is postponing its Q4 earnings release as it announces a $70M private placement of convertible debentures led by a group of investors, including its chief executive

Bank of Canada business outlook survey suggests uptick in business sentiment

A new survey by the Bank of Canada suggests that business sentiment has edged higher but there are more pronounced differences between the Prairies, hard hit by the turmoil in the energy sector, and Central Canada

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