Ontario government’s marijuana monopoly could weed out craft growers
Ontario’s plan to sell and distribute recreational pot exclusively through a network of government-operated stores could lock in the dominance of the country’s large-scale licensed
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Five Canadian business stories to watch this week
Poker face: The online gambling company formerly known as Amaya Inc. will face questions Monday at a hearing in front of the Ontario Securities Commission,
Update: Ontario will sell pot in 150 LCBO-run stores when pot is legalized next year
Ontario is the first province out of the gate with a detailed plan to sell and distribute recreational marijuana when the federal government legalizes it
Travel industry waiting to see if storms force change in winter destinations
Airlines scurrying to evacuate customers from Caribbean islands in the destructive path of hurricane Irma say it’s not yet clear if the storm will have
Rising interest rates a warning to consumers on cost of high debt loads
The Bank of Canada’s second interest rate increase this summer has financial experts warning that more could be on the way, and now is the
Hudson’s Bay investor threatens to remove directors following $201M loss
An activist investor in Hudson’s Bay Co. threatened Wednesday to seek the removal of company directors unless it takes bold action to address the chain’s
Tax changes needed to avoid ‘two classes of Canadians’: finance minister
Federal Finance Minister Bill Morneau says income-tax reforms are needed because small business owners have an unfair advantage that could create two classes of Canadians
Update: Bank of Canada hikes interest rate to 1% as country’s powerful growth broadens
The Bank of Canada has raised its interest rate for the second time in less than two months in an effort to adjust to the
‘The Canadian construction sector is for sale,’ as Aecon looks for a bidder
Canada’s construction industry may soon have a better idea of how attractive it is to the increasingly globalized building sector as one of its biggest
Five Canadian business stories to watch this week
Up, up and don’t go away: Canadian gas prices, which tend to rise ahead of long weekends like Labour Day, have faced additional pressure from
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