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National Business
National Business
Pot company Hexo's restructuring to include loss of 450 jobs, Ont. facility closure
GATINEAU, Que. — Hexo Corp. says its ongoing plan to streamline the cannabis business and cut costs includes the reduction of 450 jobs. The Gatineau, Que.
Jun 15, 2022 12:24 PM
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EU sues UK over move to rewrite post-Brexit trade rules
BRUSSELS (AP) — The European Union sued Britain on Wednesday over its move to rewrite the trade rules agreed to when the country left the EU two years ago, ratcheting up tensions between the major economic partners.
Jun 15, 2022 12:14 PM
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CRTC imposes $7.5 million penalty on Bell for violations of Telecommunications Act
GATINEAU, Que. — The Canadian Radio-television and Telecommunications Commission (CRTC) is imposing $7.5 million in penalties on Bell Canada, owned by BCE Inc., for violations of the Telecommunications Act.
Jun 15, 2022 12:12 PM
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Russia again cuts natural gas exports thru European pipeline
BERLIN (AP) — Russia's Gazprom announced a reduction in natural gas flows through a key European pipeline for the second day in a row Wednesday, creating further energy turmoil for Europe as it ties to reduce its extensive use of Russian oil and natu
Jun 15, 2022 12:01 PM
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Independent booksellers grew in number, diversity in 2021
NEW YORK (AP) — Laura Romani, a Chicago-area resident with a background in education and library science, had been thinking of a new career.
Jun 15, 2022 11:47 AM
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Statistics Canada updates CPI basket weights based on 2021 spending patterns
OTTAWA — Statistics Canada has updated the basket of goods it uses to calculate its consumer price index and inflation.
Jun 15, 2022 11:07 AM
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European Central Bank vows backstop against market turmoil
A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create an unspecified market backstop that could buffer member countries against financial turmoil like that seen during a debt crisis more than
Jun 15, 2022 9:56 AM
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Price of Kinross deal to sell Russian assets cut after authorities cap price
TORONTO — Kinross Gold Corp. says it has completed the sale of its Russian assets to the Highland Gold Mining group of companies for US$340 million, half of what it had negotiated earlier, after Russian authorities capped the price.
Jun 15, 2022 9:11 AM
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CMHC reports annual pace of housing starts up in May
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May was up eight per cent compared with April.
Jun 15, 2022 9:01 AM
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Mary Brown's Chicken buying Ontario burrito chain
MARKHAM, ONT. — The parent company of Mary Brown's Chicken has signed an agreement to acquire Fat Bastard Burrito Co. Financial terms of the deal were not immediately available.
Jun 15, 2022 7:51 AM
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