
Cannabis venture capital firm Canopy Rivers reports $1.8 million Q4 loss
Canopy Rivers, the venture capital arm of Smiths Falls-based cannabis company Canopy Growth, swung to a loss in its latest quarter as its operating expenses

Cannabis venture capital firm Canopy Rivers reports $1.8 million Q4 loss
Canopy Rivers, the venture capital arm of Smiths Falls-based cannabis company Canopy Growth, swung to a loss in its latest quarter as its operating expenses

Five Canadian business stories to watch this week
June’s inflation numbers are among the stories to keep an eye on this week in Canadian business

Controversial Chateau Laurier expansion not good enough, McKenna says
Ottawa Centre MP Catherine McKenna wants the owners of the iconic Chateau Laurier by Parliament Hill to come up with another plan for an addition

Bank of Canada holds interest rate, warns of drag from global trade tensions
The Bank of Canada is leaving its key interest rate unchanged in an announcement that balances domestic economic improvements with global trade conflicts

Five Canadian business stories to watch this week
Housing starts data, an interest rate announcement from the Bank of Canada and earnings from Couche-Tard are all slated for this coming week

Ontario commissioner recommends updating privacy laws to prepare for smart cities
Ontario’s information and privacy commissioner is calling on the provincial government to review and modernize its privacy laws to prepare for the ‘risks inherent’ with

Update: Bruce Linton ousted as Canopy Growth CEO
Linton said in media interviews Wednesday he expects to focus on roles at Ottawa tech firms Martello, Ruckify following his departure from the cannabis giant

Ontario to issue 50 new cannabis store licences, seven to go to east region
Ontario is set to get 50 more cannabis retail stores starting in October with as many as seven up for grabs in Ottawa and the

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

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
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