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National Business
National Business
CannTrust to create $50M trust to settle lawsuits, signs restructuring agreement
VAUGHAN, Ont. — CannTrust Holdings Inc. says it will create a $50-million trust to settle claims from class action lawsuits filed after the company was found growing cannabis in unlicensed rooms two years ago. The Vaughan, Ont.
Jan 20, 2021 1:28 PM
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New Brunswick premier dismisses call for resignation of natural resources minister
FREDERICTON — New Brunswick Green Leader David Coon is calling on Natural Resources Minister Mike Holland to resign from cabinet because of a letter he wrote to the Energy and Utilities Board.
Jan 20, 2021 12:40 PM
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WestJet's 737 Max to be first to return to Canadian skies after global grounding
WestJet Airlines Ltd. says it will operate the first commercial flight of the Boeing 737 Max in Canada since the aircraft was cleared to fly again in Canadian airspace.
Jan 20, 2021 11:50 AM
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Aurora Cannabis lays off workers after signing new sales broker deal
EDMONTON — Aurora Cannabis Inc. says it has laid off some workers after signing an agreement with an external sales broker.
Jan 20, 2021 9:47 AM
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Norwegian oil company Equinor completes oilsands exit by selling Athabasca Oil shares
CALGARY — Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per cent stake in producer Athabasca Oil Corp. it acquired three years ago.
Jan 20, 2021 8:52 AM
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Morgan Stanley profits rise 48%, helped by strong markets
CHARLOTTE, N.C. — Morgan Stanley saw its fourth-quarter profits surge 48% from a year earlier, as the Wall Street bank benefited from the market’s upward swing and investors jubilation for tech stocks and IPOs late last year.
Jan 20, 2021 8:27 AM
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Labour minister says 25 tickets issued in big-box store blitz, 242 stores inspected
TORONTO — Ontario's labour minister says 25 tickets were issued during a weekend inspection blitz of big-box stores that found the majority were following public health rules.
Jan 20, 2021 7:56 AM
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Statistics Canada says annual pace of inflation slowed in December to 0.7 per cent
OTTAWA — The annual rate of inflation slowed in December as the pace of rising food prices decreased and the cost of air travel compared with a year earlier fell, Statistics Canada said. The agency said Wednesday the consumer price index was up 0.
Jan 20, 2021 6:29 AM
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Here's a list of December inflation rates for selected Canadian cities
OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says.
Jan 20, 2021 6:10 AM
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Here's a list December inflation rates for Canadian provinces
OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.6 per cent (0.8) — Prince Edward Island: -0.
Jan 20, 2021 6:10 AM
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