The Canadian Press

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.

Canopy Growth delays profitability target after reporting $16.3M loss in Q2

Smiths Falls-based cannabis company previously predicted it would be profitable in the second half of its 2022 financial year, but now says reaching that goal will take longer.

Hexo auditor raises ‘substantial doubt’ about company as it reports Q4, fiscal 2021 losses

PricewaterhouseCoopers said its recent review of the Ottawa-based cannabis business showed that Hexo did not maintain effective internal control over financial reporting.

UPDATED: Shopify CFO sees e-commerce return to normal levels as Ottawa firm reports Q3 revenue up

Ottawa-based e-commerce firm reported a third-quarter profit of nearly US$1.15 billion, boosted by an unrealized gain on its equity investments.

Shopify to require staff to show proof of full vaccination before meeting up

CEO Tobi Lütke tweeted the announcement this week and says he made the decision "because science."

Shopify Q2 profit soars as quarter revenues surpass US$1 billion for first time

Ottawa-based e-commerce firm says it earned US$879.1 million, up from US$36 million a year earlier.

Canopy Growth, local cannabis retailer see pre-roll sales soar as consumers share joints less during pandemic

Research commissioned by Canopy found the pre-roll joint category grew by 48% across the entire market between January and May 2021.

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