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Canopy Growth reports Q4 net revenue down 25 per cent from year ago
Canopy Growth Corp.'s shift toward premium cannabis helped the company report a smaller quarterly loss compared with a year ago, but it wasn't enough to prevent a 25 per cent drop in revenue. The Smiths Falls, Ont.
May 27, 2022 4:56 PM
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Aurora Cannabis shares fall 40% after share sale amendment
EDMONTON — Aurora Cannabis Inc.'s share price fell by about 40 per cent, after the company announced it sold US$150 million worth of shares. The Edmonton marijuana company's share price was $3.
May 27, 2022 4:48 PM
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Wall Street breaks 7-week losing streak, longest since 2001
NEW YORK (AP) — Technology companies led a broad rally for stocks Friday as Wall Street notched its best week in 18 months. The gain broke a seven-week losing streak for the market, the longest such stretch since 2001. The S&P 500 rose 2.
May 27, 2022 4:45 PM
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Analysts say natural gas could go even higher after breaking 14-year record this week
CALGARY — The rising price of oil may grab most of the headlines, but another commodity — natural gas — is on an even wilder ride and expected to hit fresh heights this summer.
May 27, 2022 4:12 PM
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National Bank reports strong Q2 results as it prepares for uncertain economy
MONTREAL — National Bank of Canada beat expectations in its latest quarter as it prepares to navigate through a more uncertain economic environment.
May 27, 2022 3:14 PM
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Smaller telecoms cautious on Ottawa's new CRTC policy directives
Some of Canada's independent telecom companies say the federal government is putting too much faith in the country's regulator to foster competition in the telecom sector and ensure internet and wireless services are more affordable.
May 27, 2022 2:34 PM
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Iran seizes 2 Greek tankers in Persian Gulf, tensions spike
DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized two Greek oil tankers on Friday in the Persian Gulf, just after Athens assisted the U.S.
May 27, 2022 1:38 PM
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Judge dismisses Trump's lawsuit, allowing NY probe to go on
NEW YORK (AP) — A federal judge on Friday dismissed Donald Trump’s lawsuit against New York Attorney General Letitia James, rejecting the former president’s claim that she targeted him out of political animus and allowing her civil investigation into
May 27, 2022 1:36 PM
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Federal government posts $95.6 billion deficit for 2021-2022 fiscal year
OTTAWA — The federal government posted a deficit of $95.6 billion for its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the tally for the April 2021 to March 2022 period compared with a deficit of $314.
May 27, 2022 11:10 AM
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Key inflation gauge slowed to still-high 6.3% over past year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.
May 27, 2022 11:04 AM
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