The Canadian Press

Canopy Growth reports $648 million net loss in Q4 as it parts way with BioSteel staff

Canopy Growth has parted ways with some staff as it review its BioSteel business after uncovering "material misstatements'' in the sports drink unit's previous financial filings.

Ottawa to host world junior hockey championship for first time in 16 years

The world junior hockey championship is returning to the nation's capital: Hockey Canada has announced that Ottawa will host the tournament from Dec. 26, 2024 to Jan. 5, 2025.

Retail sales grow 1.1 per cent in April as consumer resiliency continues

Canadian retail sales came in stronger than initially estimated, as analysts say consumers proved resilient amid an...

Businesses’ changing credit usage a worrying trend: Equifax

New data suggests a significant shift in credit usage among businesses in the first quarter of 2023, Equifax Canada said.

Canadian technology organizations form semiconductor working group

Several Canadian tech organizations are forming a group to advance the country's semiconductor industry. The group is called...

Housing affordability will deteriorate unless we act soon: CMHC chief economist

The CMHC is worried housing affordability will deteriorate unless the country acts on supply challenges and other housing measures soon.

Feds commit $25M to create Canada’s first-ever LGBTQ entrepreneurship program

The federal government has committed $25 million to create Canada's first-ever LGBTQ entrepreneurship program, an investment one trailblazer called a "game-changer."

May home sales, prices rise year over year as real estate market heats up

The Canadian Real Estate Association says home sales in May rose compared with the same month last year to post the first year-over-year sales increase since June 2021 as prices also climbed higher.

Shopify launches fight against ‘patent trolls’ and their funders, files Texas lawsuit

Shopify says it wants to push back against the trend of companies filing hundreds of patent infringement lawsuits against businesses every year, and is waging a court battle to make its point.

Bank of Canada raises key interest rate amid stubbornly high inflation

As high inflation persists, the key interest rate now sits at 4.75 per cent, the highest it's been since 2001.

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