Canopy to hire new CEO by end of year: chairman
The list of candidates includes executives who come a variety of industries, including pharmaceuticals, consumer-packaged goods, beverage and alcohol
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The Canadian Press
Report finds immigrant wage gap costing Canada $50 billion a year in GDP
The growing wage gap between immigrants and Canadian-born workers is costing the country $50 billion each year, according to a new report from RBC Economics
Shopify targets U.S. hemp firms with new platform features, announces fundraising plans
Shopify Inc. says its e-commerce and retail platform has been given new features to help U.S. merchants sell hemp and hemp-derived cannabidiol products where permitted
Ottawa entrepreneur Bruce Linton joins Toronto-based psychedelics firm
Canopy Growth Corp.’s co-founder and recently ousted co-chief executive says his eye is on a new frontier for medicine beyond cannabis: psychedelics
Five Canadian business stories to watch this week
An update to the LeBreton Flats development process and Canopy Growth’s annual general meeting are on tap this week
Ontario’s cannabis Crown corporation lost $42 million in latest fiscal year
Ontario Cannabis Retail Corp. lost $42 million in the latest fiscal year, according to newly released public documents
Farm Boy-owner Empire Co. beats on earnings as it pushes for cost savings, streamlining
Empire Co. Ltd. says it has largely completed major structural changes as part of a turnaround plan but it is already looking to the next
Five Canadian business stories to watch this week
The latest housing starts figures and earnings from retailers Roots and Hudson’s Bay Co. are due out this week
Ottawa’s last Zellers set to finally close in early 2020
Ottawa’s final Zellers retail outlet, alongside the other remaining holdout in Toronto, will close early next year, owner Hudson’s Bay Co. announced Friday.
WestJet scrubs 737 Max from busy winter holiday schedule, affecting thousands
WestJet Airlines Ltd. is removing its grounded Boeing 737 Max jets from its schedule until at least Jan. 5, affecting thousands of passengers with travel
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The Ottawa Hospital Foundation’s Campaign to Create Tomorrow
The $500-million fundraising campaign is the largest in our city’s history. It will reshape the future of healthcare in Ottawa and beyond.
