The Canadian Press

Ottawa’s annual inflation rate holds at 2.1 per cent in August

The annual rate of inflation in the nation’s capital held steady in August as the rest of the country saw the pace of price hikes slow

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

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 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.

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