Five Canadian business stories to watch this week
Jobs numbers Statistics Canada will release job numbers for September on Friday. The report for August showed Canada had a net loss of 51,600 jobs,
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The Canadian Press
Ottawa’s Shopify invests up to $500 million in Toronto development to open in 2022
Shopify Inc. (TSX:SHOP)(NYSE:SHOP) says it is investing up to $500 million for a downtown Toronto development, more than doubling the company’s footprint in the city.
Natural gas bills will go down about $29 a year, Enbridge says
Enbridge Gas Distribution Ltd. says its typical Ontario residential customer’s natural gas bill will go down about $29 a year. The gas distribution company says
New limits on pot retailers fail to kill buzz for Ottawa cannabis producers
Despite new restrictions on Ontario pot producers’ retail opportunities, Ottawa-area cannabis firms are forging ahead with their sales strategies – including announcing the first possible
Canopy Growth shareholders approve $5B Constellation investment
Ottawa-area pot producer Canopy Growth Corp. says its shareholders have approved a $5-billion investment in the cannabis company by Constellation Brands Inc. The Smiths Falls,
Shopify’s Lütke warns about U.S. tech giants invading Canadian market
Canada has been trying to grow its innovation sector for decades and prove that it can compete on the world’s stage, but Shopify’s cofounder believes
Tories vow to tackle fiscal challenges after report reveals dramatic rise in spending
Ontario’s Progressive Conservatives vowed to address the province’s ballooning debt and deficit without slashing jobs after a review of government finances revealed spending had grown
Canada aiming for the moon, and beyond, with new space technology efforts
With an eye on future lunar exploration, Canada’s space agency is calling on companies to present their ideas for everything from moon-rover power systems to
Analysts give thumbs-up to Empire’s acquisition of Ottawa-based Farm Boy
Empire Co. Ltd.’s announced acquisition of Ottawa-based grocer Farm Boy is a good strategic move, despite the company’s difficulty navigating its last major acquisition that
Five Canadian business stories to watch this week
BoC speech Bank of Canada governor Stephen Poloz gives a speech to Atlantic Provinces Economic Council and Greater Moncton Chamber of Commerce on Thursday evening.
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