Article content MONTREAL — The St. Lawrence Seaway has shut down as hundreds of workers walked off the job Sunday. The halt is expected to affect cargo shipments immediately along the artery that runs between Montreal and Lake Erie. Article content In a release shortly after midnight on Sunday, the union said they were unable […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Rosa Saba Published Aug 20, 2023 • 6 minute read Join the conversation Unifor national president Lana Payne is photographed in her office in Toronto, Monday, July 31, 2023. Photo by Chris Young /The Canadian Press Article content TORONTO — One year to […]
Article content Aurora Cannabis Inc. shaved $590.4 million off its net loss in its most recent quarter as it continued its search for savings and began laying the groundwork for a future orchid business. The Edmonton-based pot business revealed Thursday that its first quarter net loss amounted to $28.3 million compared with a net loss […]
Article content Canopy Growth Corp. reported a $42-million net loss in its most recent quarter, which its chief executive said was spent making “significant and sweeping changes” that left the cannabis business “simplified, asset-lite” and ready to complete in the turbulent pot market. Among the changes David Klein trumpeted on a Wednesday call with analysts […]
Breadcrumb Trail Links PMN Energy PMN Business Author of the article: The Canadian Press Amanda Stephenson Published Jul 27, 2023 • 3 minute read Join the conversation Pedestrians walk past a sculpture outside the TC Energy head office in downtown Calgary, Alta., Friday, Sept. 16, 2022.THE CANADIAN PRESS/Jeff McIntosh Photo by Jeff McIntosh /The Canadian […]
Article content TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,491.17, up 114.60): Article content Royal Bank of Canada. (TSX:RY). Finance. Up 51 cents, or 0.39 per cent, to $130.17 on 12.7 million shares. Bank of Nova Scotia. (TSX:BNS). Finance. Up 74 cents, or 1.12 […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Rosa Saba Published Jul 09, 2023 • 5 minute read Join the conversation Article content At the height of social distancing and other restrictions related to the COVID-19 pandemic, many Canadian cities rolled out temporary patio policies, loosening rules and waiving fees for […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Sammy Hudes Published Jul 04, 2023 • 2 minute read Join the conversation Rogers Communications Inc. is offering voluntary departure packages to certain employees as it moves combines with Shaw Communications Inc. following its $26-billion purchase of the carrier in April. Rogers and […]
Article content TORONTO — The health of Canadian defined benefit pension plans continued to improve in the second quarter of 2023, according to consulting firm Mercer. Article content The company said that the median solvency ratio of defined benefit plans in its database ticked upward to 119 per cent at the end of June, meaning […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press John Chidley-Hill Published Jul 03, 2023 • 3 minute read Join the conversation Article content TORONTO–When Shane Battier was drafted by the Memphis Grizzlies in 2001 no one was talking about business in the NBA’s locker-rooms or clubhouses. Nine years into his retirement […]