The Canadian Press

Update: Shopify to accelerate fulfilment rollout on strong demand, shares up on results

Shopify Inc. shares are on the rise as gains in subscriber revenue powered strong second-quarter results that blew past analysts' expectations

Five Canadian business stories to watch this week

Air Canada, SNC-Lavalin and Enbridge will all report earnings this coming week in Canadian business

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

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 and remote regions

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 Region, Parks Canada announced Tuesday

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 services to 70 communities in the Arctic and northern Quebec

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...

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