The Canadian Press

Proposed Broadcasting Act changes may raise $800M from streaming services

Measures are meant to ensure online streaming platforms experiencing booming revenues face the same regulations as traditional broadcasters, which have seen profits decline in recent years.

Update: Ottawa bars and restaurants allowed to resume indoor dining this weekend; gyms and cinemas can reopen

A new colour-coded system will determine when and to what extent coronavirus restrictions are placed on parts of the province.

Five Canadian business stories to watch this week

A preview of the national stories that will be making headlines in the days ahead.

Hexo posts $546.5M loss in fiscal 2020, proposes share consolidation plan

Pot producer says plan aimed at avoiding a delisting of its shares from the NYSE is in the best interests of the company and its shareholders.

Freeland says aid needed, but not infinite, as central bank targets 2022 for recovery

Central bank holds overnight rate target at 0.25%, which is where it will stay until the economy has recovered.

HBC sues landlord Oxford Properties Retail Holdings, claiming failure to run ‘first class’ malls

The retailer is seeking a declaration that it does not have to pay rent until the landlord fixes the issues

PM says budget update won’t have fiscal anchor, suggests one coming after crisis over

Trudeau said it would be premature to lock in a spending anchor while the country is still dealing with the pandemic.

Clothing retailer Le Chateau files for CCAA protection, plans to close its doors

Montreal-based retailer has spent much of the COVID-19 pandemic trying to refinance or sell its business to a third party that would keep it in operation.