Royal Bank hikes dividend as it reports $3.2B net income in first quarter
Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up from $3.01 billion a year ago, matching market
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Canopy Growth, Alimentation Couche Tard partner on London pot shop
Cannabis company Canopy Growth Corp. says it’s teaming up with Quebec retail giant Alimentation Couche-Tard Inc. to support a privately run pot shop in London,
Grocer Loblaw reports sluggish food sales, touts e-commerce progress
Canada’s largest grocer reported sluggish same-store sales in its food business during its latest quarter, but touted growth in its online offerings after the company
Pro-pipeline protest convoy arrives in Ottawa after rolling across country
A convoy of angry Albertans and other westerners rolled into Ottawa Tuesday for a mass protest against federal energy and environmental policies that has also
Five Canadian business stories to watch this week
Poloz speaks Bank of Canada governor Stephen Poloz will give a speech to the Chamber of Commerce of Metropolitan Montreal on Thursday. Poloz kept his
Smiths Falls-based Canopy Growth to have hemp CBD in U.S. as early as Q4
Canopy Growth Corp. expects to have CBD products in the U.S. where permissible as early as the fourth-quarter, but says the related hemp-production facilities it
Legal pot sends Smiths Falls-based Canopy Growth’s Q3 revenues skyrocketing
Canopy Growth Corp.’s revenue soared in its latest quarter on its first sales of recreational cannabis, but the licensed producer’s loss from operations widened. The
Telus says a federal government ban on Huawei equipment could set back 5G network plan
Telus Corp. acknowledged Thursday that the deployment of its fifth-generation wireless network could be delayed and be more expensive than anticipated if the federal government chooses
Alexandra Suda named next CEO of National Gallery of Canada
Alexandra Suda, a curator at the Art Gallery of Ontario, has been named as the next director and CEO of the National Gallery of Canada.
Gatineau’s Hexo, Molson Coors to unveil cannabis-based beverages in fall
Molson Coors Brewing Co. plans to continue focusing on offering more premium and innovative drinks, including a soon-to-be launched line of cannabis-infused beverages, as it
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