Ontario pot rules restrict retail ownership of licensed producers
An Ontario cannabis retail licence will not be issued to a corporation if more than 9.9 per cent of it is owned or controlled by
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.
Ontario pot rules restrict retail ownership of licensed producers
An Ontario cannabis retail licence will not be issued to a corporation if more than 9.9 per cent of it is owned or controlled by
BlackBerry to buy cybersecurity company Cylance for US$1.4 billion
BlackBerry Ltd. has signed a US$1.4-billion deal to acquire U.S. artificial intelligence and cybersecurity company Cylance in what the company called the largest deal in
Canada Post issues new offer to employees as eBay calls on Ottawa to end strikes
Canada Post has issued what it calls a “time-limited” contract offer to its employees in hopes of ending rotating strikes that have created a historic
Ontario releases cannabis regulations for retail stores set to open April 1
The Ontario government has released regulations that will guide the startup of private cannabis stores on April 1. The stand-alone stores can be open any
Amazon to split new headquarters between New York City, Arlington
Amazon has confirmed that it will split its much-anticipated second headquarters between New York City and Arlington, Va. Its New York location will be in
Canada eyes sweeping free trade deal with China but remains open to sector deals
A full-scale trade deal between Canada and China is possible even as Canada remains open to striking smaller sector-by-sector agreements, says International Trade Minister Jim
Five Canadian business stories to watch this week
Pot earnings Cannabis producers Aurora Cannabis, Canopy Growth, Tilray and Chronos will report their final pre-legalization financial results next week. The rollout of legal pot
Recipe Unlimited reports $23.8M Q3 profit up from $21.2M year ago
Recipe Unlimited Corp. earned $23.8 million in its latest quarter, up from $21.2 million a year ago. The company formerly known as Cara Operations says
Bombardier cutting about 5,000 jobs as part of restructuring plan
Bombardier Inc. says it’s cutting about 5,000 jobs across the organization over the next 12 to 18 months as part of a new restructuring plan.
U.S. midterm results bring new sources of trade uncertainty for Canada
Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty. Experts says the Democrats’ majority
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