Skip to content

National Business

Fed's Powell downplays delta variant's threat to the economy

Fed's Powell downplays delta variant's threat to the economy

WASHINGTON (AP) — The spread of the COVID-19 delta variant is raising infections, leading some companies and governments to require vaccinations and raising concerns about the U.S. economic recovery.
NXIVM sex cult member who cooperated avoids prison time

NXIVM sex cult member who cooperated avoids prison time

NEW YORK (AP) — A former member of NXIVM leader Keith Raniere’s inner circle who was charged in his sex trafficking enterprise avoided prison at sentencing Wednesday after prosecutors cited her extraordinary cooperation.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,173.352, up 8.39 points.) Suncor Energy Inc. (TSX:SU). Energy. Up nine cents or 0.35 per cent, to $25.71 on 5.1 million shares.
S&P/TSX composite up, U.S. markets mixed amid flood of earnings reports

S&P/TSX composite up, U.S. markets mixed amid flood of earnings reports

TORONTO — North American markets were mixed, with some indexes posting modest gains on a day where an update from the U.S. Federal Reserve and a flood of earnings reports rippled into stock movement.
Cannabis company sues Tennessee Titans' Julio Jones, others

Cannabis company sues Tennessee Titans' Julio Jones, others

NASHVILLE, Tenn. (AP) — Tennessee Titans wide receiver Julio Jones is facing allegations of illegally harvesting and selling millions of dollars of cannabis in California, according to court records.
Tilray reports US$33.6M profit in Q4 as it merged with cannabis rival Aphria

Tilray reports US$33.6M profit in Q4 as it merged with cannabis rival Aphria

Tilray Inc.'s share price surged 25 per cent Wednesday as investors rewarded the the cannabis company for a strong outlook and fundamentals.
Loblaw grocery sales strong but levelling off as consumer behaviour starts to shift

Loblaw grocery sales strong but levelling off as consumer behaviour starts to shift

Canada's biggest grocery store chain said renewed COVID-19 lockdowns this spring kept food sales strong despite signs that consumer behaviour may be shifting towards more familiar pre-pandemic patterns. Loblaw Companies Ltd.
Annual rate of inflation hits 3.1% in June, down slightly from May high

Annual rate of inflation hits 3.1% in June, down slightly from May high

OTTAWA — The country's headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-high pace one month prior.
Seth Rogen's cannabis company Houseplant and Canopy Growth announce partnership end

Seth Rogen's cannabis company Houseplant and Canopy Growth announce partnership end

Actor Seth Rogen's Houseplant cannabis company and Canopy Growth Corp. are breaking up.
Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.