Feds’ carbon pricing law constitutional, Ontario’s top court rules
The federal government’s carbon pricing scheme is constitutionally sound and has the critical purpose of fighting climate change, Ontario’s top court ruled in a split
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The Canadian Press
Constellation Brands ‘not pleased’ with Canopy’s earnings, but still supportive
Constellation CEO Bill Newlands, however, said challenges were to be expected, pointing to the slow rollout of recreational pot stores in Ontario, among other headwinds
Ontario puts up $1M to protect communities against extreme weather following spring floods
The funds would allow municipalities to make their infrastructure more resilient to extreme weather
Air Canada reaches deal for Transat, but shareholder approval up in the air
The board of directors of Transat AT Inc. has approved a $520-million takeover offer by Air Canada, a deal that faces legal and regulatory scrutiny
Updated: BlackBerry expands partnership with LG Electronics as it reports Q1 results
BlackBerry Ltd. and LG Electronics Inc. are expanding a partnership that they hope will give them a bigger role as technology suppliers to the world’s
Bombardier to sell regional jet business to Mitsubishi as it narrows its focus
Bombardier Inc. has reached a deal to sell its floundering regional jet program to Mitsubishi Heavy Industries Ltd. for US$550M
Infrastructure agency to pitch in to help move along Via Rail project: sources
The federal infrastructure bank is going to put some money behind a few final, financially risky steps in Via Rail’s high-frequency rail project, sources say
Five Canadian business stories to watch this week
Earnings from BlackBerry and Farm Boy’s new parent company are due up this week in Canadian business
Former Dessau executive pleads guilty to bid rigging scheme in Gatineau
A former regional vice-president for the Dessau engineering firm has pleaded guilty to participating in a bid-rigging scheme that cost the City of Gatineau an
Canopy Growth shares fall as fourth quarter revenues rise, loss deepens
Shares of Canopy Growth slipped on Friday after the cannabis company reported an uptick in fourth-quarter net revenues but a wider-than-expected fourth-quarter loss
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The Canadian Press
