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National Business
National Business
OCS to resume cannabis deliveries after cyberattack on logistics partner
TORONTO — The Ontario Cannabis Store says its distribution centre is resuming some service after a cyberattack on one of its logistics partners caused the provincial pot wholesaler to halt deliveries this week.
Aug 10, 2022 2:11 PM
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Linamar reports sales up on market share, pricing, while income dips to $105M
GUELPH, Ont. — Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
Aug 10, 2022 1:45 PM
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CAE Inc. lowers forecast as profits plunge, but backlog grows
MONTREAL — CAE Inc. reined in its earnings forecast for the year after reporting a 96 per cent year-over-year profit decrease last quarter due to supply chain problems and writedowns on a pair of pricey defence projects.
Aug 10, 2022 1:42 PM
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Mining company says Nova Scotia approves bid to raise tailings dam at Gold mine
HALIFAX — Nova Scotia’s Environment Department has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pond.
Aug 10, 2022 1:36 PM
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Lower prices offer Americans slight reprieve from inflation
WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades . Consumer prices jumped 8.
Aug 10, 2022 1:17 PM
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Trans Mountain names Dawn Farrell new CEO and president
CALGARY — Trans Mountain Corp. says Dawn Farrell will become its new president and chief executive next week. The pipeline operator says Farrell has more than 35 years of experience in the energy business, where she has held senior level positions.
Aug 10, 2022 12:32 PM
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Unifor members elect Lana Payne as new president
TORONTO — Unifor says Lana Payne has been elected as the new president of Canada's largest private sector union, the first woman to hold the position.
Aug 10, 2022 11:30 AM
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Metro faces ongoing worker shortage, higher overtime pay to keep grocery stores open
Workers at Metro Inc. are putting in overtime to keep stores open as the company grapples with an ongoing labour crunch, the Montreal-based grocery and drugstore retailer said Wednesday.
Aug 10, 2022 10:31 AM
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TC Energy Corp. completes public offering of common shares
CALGARY — TC Energy Corp. says it has closed a $1.8-billion bought deal offering of common shares. The Calgary-based company says it will use the proceeds to fund costs associated with the construction of the Southeast Gateway Pipeline, a US$4.
Aug 10, 2022 8:39 AM
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Trump says he took the Fifth in NY civil investigation
NEW YORK (AP) — Donald Trump invoked his Fifth Amendment protection against self-incrimination as he testified under oath Wednesday in the New York attorney general's long-running civil investigation into his business dealings, the former president s
Aug 10, 2022 8:29 AM
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