Tweed co-founder Chuck Rifici’s cannabis firm Auxly lands $123M from tobacco giant
The additional capital will fuel Auxly’s plans to roll out next-generation cannabis products, such as vaporizers, when legalized in Canada later this year
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The Canadian Press
Loblaw’s ‘overzealous’ algorithm use sees sluggish same-store sales growth
Algorithms focused on profitability and increased margins decreased the emphasis on promotions to bring customers into the stores.
Quebec has no plans to offer struggling SNC-Lavalin a bailout: Minister
Quebec Economy Minister Pierre Fitzgibbon said Wednesday the province will not offer financial help to SNC-Lavalin Group Inc. in spite of the construction giant’s woes
Feds invest $85M in Ottawa-based Telesat’s low Earth orbit satellite tech
The federal government is investing $85 million into a local company’s advanced satellite technology designed to expand access to affordable, high-speed internet across Canada’s rural
Parks Canada unveils plans to store historical artifacts in new Gatineau storage facility
Many of the country’s priceless historical artifacts – and millions of other assorted bits – will be getting a new home in the National Capital
Feds officially launch contract to supply 88 new fighter jets
Canada is officially asking four companies to send in their bids to supply a new fleet of fighter jets for the Royal Canadian Air Force
Huawei Canada says it met federal security requirements for new Arctic 4G project
Huawei Canada says it has received federal approval to work with a northern telecom company and an Inuit development corporation to extend high-speed 4G wireless
SNC-Lavalin to complete Ottawa LRT work before exiting major contracting business
As SNC-Lavalin Group’s new CEO veers away from end-to-end construction projects as part of a sharp change in course, the Montreal-based company has confirmed it
Prime Minister’s official residence in Ottawa becoming a costly ‘debacle,’ say Conservatives
No one expects the NCC to decide the fate of the building until after the October election, says Heritage Ottawa
Bank of Canada lowers qualifying rate used in mortgage stress tests
The Bank of Canada has lowered the rate used by mortgage stress tests to determine whether would-be homeowners can qualify, marking the first drop in
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Mandated returns to in-person work – What if your health prevents it?
The Canadian Press
