The Canadian Press

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

Ottawa’s inflation rate up 2.1 per cent in July

Ottawa’s annual rate of inflation crept slightly higher than the rest of the country in July, as...

Quebec government helps Ottawa-Gatineau newspaper that filed for creditor protection

The Quebec government is providing $5 million in interim financing to help a struggling French-language newspaper chain with outlets in the National Capital Region

Ontario moving ahead with municipal funding cuts in 2020: Doug Ford

Premier Doug Ford told a gathering of municipal leaders in Ottawa on Monday that the government was making the move after listening to their concerns

Five Canadian business stories to watch this week

Transat shareholders are scheduled to vote on Air Canada's proposed acquisition in one of this week's major Canadian business stories

Linton and other Canopy Growth execs see compensation surge in fiscal 2019

Canopy Growth Corp. executives have struck it rich as their total compensation surged to $28.5 million last year including the first months since cannabis was legalized in October

Quebec environment minister ties fish deaths in Ottawa, Lievre rivers to Masson hydro plant

Benoit Charette said he issued a notice to Energie de la Lievre and Services Energie Brookfield in connection with the incidents

Canopy Growth shares tumble on CEO exit plans, loss of market share

Canopy Growth shares fell to their lowest level this year on Thursday after quarterly results that suggested the cannabis producer lost market share and an announcement that its CEO plans to leave the company

Metro fast tracks adding tech to retail stores to boost productivity and profits

Metro Inc. will fast-track adding technology tools, including self-service checkouts and electronic shelf labels, to its stores in a transformation that will help to lower labour costs

Group Mach’s offer for 6.9 million Transat A.T. shares blocked by tribunal

Quebec's securities tribunal has barred a developer's offer to buy up Transat shares, halting Group Mach's bid to block the tour operator's sale to Air Canada
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