The Canadian Press

Canopy Growth laying off 75 staff in North America, mostly in Smith Falls

Cannabis company says it remains on the path to profitability in the coming fiscal year.

RBC chief executive sees inflationary pressure building as economy bounces back

The comments came ahead of a Bank of Canada interest rate announcement Wednesday that is expected to reveal how the central bank is thinking about the economy and setting interest rates.

All Ontarians could get vaccine by June 20 if supply allows, task force head says

The government said under the current plan, seniors aged 75 and older will start getting the shot in April, while everyone 60 and older will receive the first dose by the end of May or early June, if not earlier.

Detailed vs. flat rate: New way to claim work from home costs gives workers options

The new flat rate method is quick and easy, but using the detailed method may yield a better outcome, depending on your circumstances

Sky Regional to shut down at the end of March after losing contract with Air Canada

Company becomes the first domestic scheduled airline to permanently shut down since the start of the pandemic.

After worst year on record, Canadian economy enters 2021 with momentum

Statistics Canada said the economy grew at an annualized rate of 9.6% over the last three months of 2020

CAE to buy L3Harris military training business for US$1.05B

The L3Harris military training business includes Link Simulation & Training, Doss Aviation and AMI.

Federal deficit hits $248.2B for first nine months of 2020-21 fiscal year

Sum compares to a deficit of $11 billion in the same period a year earlier.

Home sales shifting towards pricier housing in Ottawa, CMHC says

While nearly half of all homes trading hands in the capital sold for less than $400,000 in 2019, less than a third of all transactions last year were in that price bracket, agency says.

Canadian small businesses rack up $135B in debt to survive pandemic: Report

Survey suggests the average small business owner has accrued $170,000 in debt, with businesses in the hospitality, recreation and service sectors most indebted.

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