National Business

TORONTO — Canada's main stock index posted a triple-digit gain Friday after oil hit a three-month high to extend the market's winning streak to six weeks. The S&P/TSX composite index closed up 142.26 points to 15,838.

TORONTO — Nova Cannabis has reached a licence agreement with one of the lottery winners selected to apply for one of the first 25 cannabis retail licences in Ontario, with a location planned for Toronto. The chief executive of Alcanna Inc.

MONTREAL — The head of Canada’s largest airline brushed off concerns about a slowing global economy after business passengers helped the airline top analysts’ earnings expectations last quarter even though fuel prices and currency rates drove it into

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,838.24, up 142.26 points ). Bombardier Inc. (TSX:BBD.B). Industrials. Down one cents, or 0.4 per cent, to $2.50 on 28.5 million shares.

CALGARY — The Alberta government is granting a 20-year contract to supply about half of its electric power needs to a partnership that plans to build three new solar power plants for more than $100 million.

Canopy Growth Corp. expects to have CBD products in the U.S.

London is taking its turn in the style spotlight with the opening of London Fashion Week, an extravaganza that will feature up-and-coming young designers along with big names like Victoria Beckham, Vivienne Westwood and Burberry.

OTTAWA — This year began with the weakest January for residential property sales since 2015, with the number of transactions down four per cent nationally from last year, the Canadian Real Estate Association said Friday.

TORONTO — Hydro One and the Ontario government are at loggerheads over executive compensation, with the partially privatized utility refusing repeated requests to slash proposed pay for its CEO.

LEAMINGTON, Ont. — Cannabis producer Aphria Inc. says a review of its governance procedures revealed certain non-independent directors had conflicting interests in its acquisition of several Latin American companies.