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Cronos Group Q4 revenue up to $5.6M but misses estimates as it posts net loss

Cronos Group Q4 revenue up to $5.6M but misses estimates as it posts net loss

TORONTO — Cronos Group Inc. reported an uptick in fourth-quarter revenue — boosted by the legalization of recreational cannabis last October — but missed analyst estimates and posted a quarterly net loss.
SNC-Lavalin considering all options after Codelco contract cancellation

SNC-Lavalin considering all options after Codelco contract cancellation

MONTREAL — SNC-Lavalin Group Inc. is leaving the door open to a lawsuit against Chile's state-owned copper mining company, which has terminated its contract with the construction giant.
U.S. activist investors nominate TransAlta directors to stymie Brookfield deal

U.S. activist investors nominate TransAlta directors to stymie Brookfield deal

CALGARY — U.S. activist investors trying to use their stake in TransAlta Corp. to force change are nominating five new directors to the company's board in an effort to interrupt a $750-million investment in the power utility.
N.S. plans health spending, balanced budget with aid of higher federal transfers

N.S. plans health spending, balanced budget with aid of higher federal transfers

Nova Scotia's Liberal government is expecting millions in added federal dollars will help it achieve a balanced budget while it commits money to rebuild aging hospitals and deal with rising pressures in health care.

Highlights of the 2019-20 Nova Scotia provincial budget

HALIFAX — Highlights of the 2019-20 Nova Scotia budget introduced Tuesday: - A surplus of $33.6 million is projected on a spending program of about $11 billion, with a $15.3-billion debt.
Energy sector helps boost stocks in Toronto as oil rises, U.S. stocks up

Energy sector helps boost stocks in Toronto as oil rises, U.S. stocks up

TORONTO — Canada's main stock index pushed higher in late-morning trading as oil prices moved up and the energy sector headed higher. The S&P/TSX composite index was up 85.82 points at 16,151.68.
Canadian oilfield services firms bringing in more revenue from U.S. operations

Canadian oilfield services firms bringing in more revenue from U.S. operations

CALGARY — Analysts say Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south of the border than they have for at least six years.
Ethics body questions ex-EPA chief's $50-a-night condo deal

Ethics body questions ex-EPA chief's $50-a-night condo deal

WASHINGTON — The U.S.
Uber acquires Mideast competitor Careem for $3.1 billion

Uber acquires Mideast competitor Careem for $3.1 billion

DUBAI, United Arab Emirates — Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large, young, tech-savvy population.
UK government defiant as Parliament takes control of Brexit

UK government defiant as Parliament takes control of Brexit

LONDON — British Prime Minister Theresa May's government remained defiant after Parliament took partial control of the stalled process of leaving the European Union, arguing Tuesday that the manoeuvring simply underscores the need for lawmakers to ap