
Canopy’s ‘never been better,’ says interim CEO as biggest investor set to record related loss
Mark Zekulin says the company is shifting from “building” mode and hefty investments in infrastructure and expansion to “operating” mode

Canopy’s ‘never been better,’ says interim CEO as biggest investor set to record related loss
Mark Zekulin says the company is shifting from “building” mode and hefty investments in infrastructure and expansion to “operating” mode

Bank of Canada holds interest rate as it takes stock of trade war impacts
The Bank of Canada is holding steady on interest rates as it gauges the extent of the damage that deepening trade conflicts have had on

Air Canada files challenge with federal regulator over Onex’s WestJet takeover
Canada’s biggest airline argues the $3.5-billion takeover would breach federal rules that limit foreign ownership of carriers

Quebec taxi drivers to launch rotating strikes beginning in Gatineau on Tuesday
Quebec taxi drivers are set to launch a rotating strike on Tuesday to express their dissatisfaction with the government’s moves to overhaul the industry

CRTC launches review of cellphone financing to probe fees by telecoms
Canada’s telecom watchdog has launched a review of new cellphone financing plans to ensure they comply with an industry code of conduct

Air Canada-Transat deal clears latest hurdle after winning Quebec court approval
Air Canada says the Superior Court of Quebec has granted a final order approving the takeover following approval by shareholders last week

Hudson’s Bay Co. signs deal to sell Lord and Taylor banner to Le Tote
Hudson’s Bay Co. announced a deal Wednesday to sell its Lord and Taylor banner to Le Tote, a clothing subscription and rental business. Under the

Canopy Rivers reports nearly $3M Q1 loss, operating income up
Canopy Rivers Inc., the venture capital arm of Smiths Falls-based Canopy Growth Corp., reported a net loss of nearly $3 million in its latest quarter

Five Canadian business stories to watch this week
Earnings from some of Canada’s biggest banks are due out this coming week

Transat shareholders approve Air Canada takeover, deal now in regulators’ hands
The fate of Air Canada’s $720-million takeover bid for Transat A.T. Inc. rests with regulators after shareholders overwhelmingly approved the acquisition offer Friday
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