Skip to content

National Business

Aurora Cannabis reports $164.7 million loss in Q3, launches cost efficiencies plan

Aurora Cannabis reports $164.7 million loss in Q3, launches cost efficiencies plan

Aurora Cannabis Inc. is on the hunt for savings again after reporting a $164.7-million net loss in its latest quarter.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,135.81, up 28.04 points.) Enbridge Inc. (TSX:ENB). Energy. Down $1.60, or 3.31 per cent, to $46.70 on 20.5 million shares.
ESPN, MLB agree to 7-year rights extension through 2028

ESPN, MLB agree to 7-year rights extension through 2028

ESPN could be rewarded with additional playoff games under its new deal with Major League Baseball. Walt Disney Company and MLB announced a seven-year extension of their rights agreement Thursday.
North American stock markets rebound from three-day losses; loonie falls

North American stock markets rebound from three-day losses; loonie falls

TORONTO — North American stock markets rebounded from a three-day slide in a relief rally after an erratic start to the week on mounting concerns about inflation.
Demand for bikes and barbecues ratchets up Canadian Tire's profit and sales

Demand for bikes and barbecues ratchets up Canadian Tire's profit and sales

TORONTO — Spring's early arrival sent demand for everything from patio furniture and inflatable pools to barbecues and bikes soaring at Canadian Tire Corp. Ltd., which reported higher-than-expected sales growth in its first quarter.

Leon's Furniture reports Q1 profit up from year ago, CEO to retire July 1

TORONTO — Leon's Furniture Ltd. reported a first-quarter profit of $40.9 million, up from a profit of $13.7 million a year ago, as its revenue climbed higher.
Bank of Canada to see if QE program has helped, hurt economic inequalities

Bank of Canada to see if QE program has helped, hurt economic inequalities

OTTAWA — The Bank of Canada's unprecedented actions in response to the pandemic have helped hard-hit workers, but governor Tiff Macklem said Thursday that the measures may have increased economic inequality at the same time.
Quebecor reports Q1 profit down, telecommunications helps lift revenue higher

Quebecor reports Q1 profit down, telecommunications helps lift revenue higher

MONTREAL — Quebecor Inc. reported its first-quarter profit fell compared with a year ago as its revenue climbed higher, helped by gains in its telecommunications business and recent acquisitions.
Canada’s new manufacturing era trades dusty factories for robotics, 3D printers

Canada’s new manufacturing era trades dusty factories for robotics, 3D printers

When Tony Chahine’s father developed dementia, he wanted to stay connected with him while monitoring his worsening health.
Brookfield Asset Management funds from operations hit record high

Brookfield Asset Management funds from operations hit record high

TORONTO — Brookfield Asset Management Inc. reported a profit in its latest quarter compared with a loss a year ago as its funds from operations hit a record high. The asset manager, which keeps its books in U.S.