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Cannabis company Organigram reports Q2 loss, more than doubles revenue

Cannabis company Organigram reports Q2 loss, more than doubles revenue

MONCTON, N.B. — Cannabis company Organigram Holdings Inc. reported a loss in its latest quarter as its revenue more than doubled compared with a year ago. The company says its net loss for the quarter ended Feb.

CPP Investments and Tata Realty and Infrastructure form joint venture in India

TORONTO — The Canada Pension Plan Investment Board and Tata Realty and Infrastructure Ltd. have announced a joint venture to develop and own commercial office space in India.
US orders consular staff to leave Shanghai amid COVID surge

US orders consular staff to leave Shanghai amid COVID surge

BEIJING (AP) — The U.S. has ordered all non-emergency consular staff to leave Shanghai, which is under a tight lockdown to contain a COVID-19 surge.
Shopify proposes governance changes, announces 10-for-one share split

Shopify proposes governance changes, announces 10-for-one share split

Shopify Inc. is proposing changes to its governance structure to preserve founder and CEO Tobi Lütke's voting power, while also proposing a 10-for-one split of its class A and class B shares.
Tesla CEO Elon Musk won't join Twitter's board after all

Tesla CEO Elon Musk won't join Twitter's board after all

SAN FRANCISCO (AP) — Billionaire Elon Musk, one of Twitter's biggest shareholders, is reversing course and will no longer join the company's board of directors, less than a week after being awarded a seat .

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,790.49, down 83.86 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 77 cents, or 1.9 per cent, to $40.50 on 12.3 million shares.
Lower energy prices pull down energy sector and S&P/TSX composite to start week

Lower energy prices pull down energy sector and S&P/TSX composite to start week

TORONTO — Crude oil prices fell to their lowest level since before the Russian invasion of Ukraine as a spike of COVID-19 cases in China pulled down the energy sector and Canada's main stock index to start the trading week.
California utility to pay $55 million for massive wildfires

California utility to pay $55 million for massive wildfires

SAN FRANCISCO (AP) — Pacific Gas & Electric, the nation's largest utility, has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires sparked by its aging Northern California power lines and submit to five years
Bimbo Canada rolls out cardboard bread bag clips at New Brunswick bakery

Bimbo Canada rolls out cardboard bread bag clips at New Brunswick bakery

Bimbo Canada is rolling out new cardboard bread bag clips at its commercial bakery in New Brunswick which it says makes it the first national bakery in North America to introduce compostable clips.
Manitoba finance minister hints at more immigration support in upcoming budget

Manitoba finance minister hints at more immigration support in upcoming budget

WINNIPEG — Manitoba's finance minister is hinting that Tuesday's budget will include additional support for immigration and settlement services as the province prepares to welcome thousands of Ukrainian refugees.