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Roots reports higher profit, boost in e-commerce even as pandemic hurts sales

Roots reports higher profit, boost in e-commerce even as pandemic hurts sales

TORONTO — Roots Corp. reported a handsome profit in its last quarter as strong online sales and demand for its upscale comfort wear offset the impact of pandemic-related store closures and a dip in overall sales.
Canopy Growth signs deal worth $435 million to buy Supreme Cannabis

Canopy Growth signs deal worth $435 million to buy Supreme Cannabis

TORONTO — Canopy Growth Corp. continued its recent acquisition spree and preparation for the U.S.'s potential legalization of pot with a $435-million deal to buy the Supreme Cannabis Co. Inc. on Thursday. Smiths Falls, Ont.
Tech sector pushes TSX and U.S. stock markets higher on flattening of bond yields

Tech sector pushes TSX and U.S. stock markets higher on flattening of bond yields

TORONTO — Technology drove Canada's main stock index and U.S. markets higher on a levelling of bond yields in response to dovish comments from the U.S. Federal Reserve.
Federal bank regulator proposes tightening test for uninsured mortgages

Federal bank regulator proposes tightening test for uninsured mortgages

OTTAWA — The federal banking regulator is proposing increased requirements to the stress test facing homebuyers with uninsured mortgages as it looks ahead to a return to pre-pandemic financial conditions with higher interest rates.
'People are going to work sick:' Third wave reignites debate over paid sick days

'People are going to work sick:' Third wave reignites debate over paid sick days

The third wave of COVID-19 cases in Canada has reignited debate over sick days, with some calling on provinces to mandate paid sick leave while others say the move could cripple businesses already struggling for survival.
Kenney tells UCP caucus COVID-19 dissent OK, breaking health rules means expulsion

Kenney tells UCP caucus COVID-19 dissent OK, breaking health rules means expulsion

EDMONTON — Alberta Premier Jason Kenney is drawing a line in the sand on the 18 members of his United Conservative Party caucus openly criticizing his COVID-19 health restrictions.
Feds should be 'cautious,' avoid overstimulation with upcoming budget, RBC CEO says

Feds should be 'cautious,' avoid overstimulation with upcoming budget, RBC CEO says

TORONTO — The head of the Royal Bank of Canada says the federal government should be cautious about overspending in its forthcoming budget.
Postmedia swings to $700,000 Q2 profit despite 21 per cent drop in revenues

Postmedia swings to $700,000 Q2 profit despite 21 per cent drop in revenues

TORONTO — The owner of Canada's largest group of newspapers earned $700,000 in net profits in its second quarter, an improvement from the same time a year before despite a 21-per-cent revenue decline. Toronto-based Postmedia Network Canada Corp.

Corrective to April 6 story about electric vehicle sales in B.C.

VICTORIA — The Canadian Press erroneously reported April 6 that more than 54,000 light-duty electric vehicles were sold in B.C. last year. In fact, more than 54,000 light-duty electric vehicles are now registered in B.C. The Canadian Press
2 new airlines await Americans looking to fly somewhere

2 new airlines await Americans looking to fly somewhere

Americans are travelling in the greatest numbers in more than a year, and soon they will have two new leisure-oriented airlines to consider for those trips.