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 for the pot industry

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 along with resistance from Transat shareholders

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 auto manufacturers

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 estimated $1.8M

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