The Canadian Press

Hexo unveils expected savings from strategic plan, facility reconfiguration

Cannabis firm says its plan, which was unveiled last month after its debts mounted and its co-founder left the business, will deliver about $175 million in cash over the next two fiscal years.

Grocery store closures loom amid labour, product shortages

Grocery stores are struggling with rising labour and product shortages that could threaten Canada's food security, experts say.

Canadian home sales set new record in 2021, topping previous high by 20%: CREA

Canadian Real Estate Association said Monday that about 667,000 residential properties changed hands in 2021, about 30 per cent more than the 10-year average.

Netflix upping Canada, U.S. prices with competition growing

Video-streaming company said Friday that prices are going up by $1 to $2, depending on the plan.

Ontario businesses want to know if they can reopen on Jan. 26

Ontario Chamber of Commerce CEO said now that the province has said schools will return on Monday, it's time to provide clarity for businesses.

Pressure mounting for grocers to bring back ‘hero pay’ amid Omicron surge

Unifor national president Jerry Dias says while front-line supermarket workers are facing the biggest risks, executives are receiving the biggest rewards.

Canada’s top CEOs paid at second-highest level ever during pandemic: report

Report said that by noon on Tuesday, the average CEO of these companies would have already earned what the average Canadian worker will make all year.

Feds loosen eligibility requirements on pandemic relief for businesses, workers

Lockdown Program will now offer wage and rent subsidies ranging between 25 and 75 per cent to employers who are subject to capacity restrictions of 50 per cent or more.

Perfectly average: Ottawa’s house prices match national rates

The Canadian Real Estate Association says home sales across the country rose by about nine per cent between September and October, the largest month-over-month increase since July 2020.

Hexo to close three facilities and lay off about 155 workers

Ottawa-based cannabis company says it will shutter properties in Kirkland Lake, Brantford and Stellarton, N.S., in a bid to streamline production.

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