Hexo Corp. reported a net loss of $690.3 million as it recorded $616 million in one-time impairment charges in its latest quarter as it worked to turn around the cannabis business.
A new poll suggests Canadians are looking for ways to cut back on spending as their concerns about the cost of living rise alongside headline inflation rates.
A new report says women's historically high numbers in the country's labour force remain below where they might have been if COVID-19 had never occurred.
The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling up to six additional rate hikes this year.
Statistics Canada says wholesale sales rose 4.2 per cent in January to $79.8 billion, helped by gains in sales of building material and supplies, personal and household goods, and machinery, equipment and supplies.
The average price in the nation’s capital last month was $730,300, according to the Canadian Real Estate Association, up from $630,000 in February 2021.
Statistics Canada says manufacturing sales rose 0.6 per cent to $64.8 billion in January, as higher prices helped boost sales in the petroleum and coal sector to a record high and lift wood product sales higher.
The war in Ukraine is forcing investors, especially those who prioritize environmental, social and governance (ESG) factors, to take a closer look at the stocks and other assets they hold, whether individually or through funds.