The Canadian Press

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 by law

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 phase for the company

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 plans during the busy winter holiday season

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 the domestic and global economies

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