Five Canadian business stories to watch this week
Pot earnings Cannabis producers Aurora Cannabis, Canopy Growth, Tilray and Chronos will report their final pre-legalization financial results next week. The rollout of legal pot
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Recipe Unlimited reports $23.8M Q3 profit up from $21.2M year ago
Recipe Unlimited Corp. earned $23.8 million in its latest quarter, up from $21.2 million a year ago. The company formerly known as Cara Operations says
Bombardier cutting about 5,000 jobs as part of restructuring plan
Bombardier Inc. says it’s cutting about 5,000 jobs across the organization over the next 12 to 18 months as part of a new restructuring plan.
Ottawa Citizen rejects Senators’ request to take down players’ Uber video
A local newspaper said Wednesday it has no intention of taking down a secretly recorded video of several Ottawa Senators players despite a legal notice
U.S. midterm results bring new sources of trade uncertainty for Canada
Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty. Experts says the Democrats’ majority
Business leaders meet with Trudeau to discuss corporate tax reform, pay equity
Prime Minister Justin Trudeau vaunted his government’s new legislation on pay equity at a conference of female business leaders in Montreal on Monday, and was
Lowe’s to close 31 Canadian locations, 20 more in U.S.
Lowe’s Companies Inc. says it plans to close 31 Canadian stores and other locations as part of a plan to focus on its most profitable
Five Canadian business stories to watch this week
Poloz in the UK Bank of Canada governor Stephen Poloz will give a speech to the Canada-UK Chamber of Commerce in England on Monday. Soft
Proposed lawsuits allege Ontario insurers broke payment rules
A series of proposed class-action lawsuits launched against major insurance companies in Ontario claim the firms have been shortchanging auto-accident victims for years by breaking
Molson Coors readies to sell pot-infused drinks with Gatineau’s Hexo in 2019
News that Molson Coors expects to bring cannabis-infused beverages to the Canadian market as early as next year sent shares of Gatineau-based marijuana producer Hexo –
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