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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: CannTrust court appearances: Former CannTrust leaders are scheduled to make their first court appearance in Toronto on Monday, roughly three years after the cannabi
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Hemp having a moment as farmers try to grow niche crop into $1-billion industry

Hemp having a moment as farmers try to grow niche crop into $1-billion industry

CALGARY — Not that long ago, Rod Lanier could count on an annual spring visit from the police.
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Rio Tinto smelter workers go on strike in Kitimat, B.C.

Rio Tinto smelter workers go on strike in Kitimat, B.C.

KITIMAT, B.C. — Approximately 900 Rio Tinto workers at the company's aluminum smelting facilities in Kitimat, B.C. have gone on strike. The walkout began today at one minute after midnight.
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China's Tencent ordered to end exclusive music contracts

China's Tencent ordered to end exclusive music contracts

BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.
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Most actively traded companies on the Toronto Stock Exchange

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 (20,188.43, up 90.91 points.) Royal Bank of Canada (TSX:RY). Financials. Down $0.54, or 0.43 per cent, to $125.32 on 6.8 million shares.
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North American markets gain on positive earnings from industrials, technology sectors

North American markets gain on positive earnings from industrials, technology sectors

TORONTO — Stock markets in Canada and the U.S. closed higher Friday after a day of small gains for multiple sectors, including industrials and technology.
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Retail sales fell by 2.1% in May, but will likely to climb further in June: StatCan

Retail sales fell by 2.1% in May, but will likely to climb further in June: StatCan

OTTAWA — Retail sales in Canada stumbled for the second month in a row after two straight months of gains, a sign of the rocky road ahead as Canada staggers out of the pandemic's economic recession. The 2.
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Mario Batali harassment probe settlement: $600K to accusers

Mario Batali harassment probe settlement: $600K to accusers

NEW YORK (AP) — Celebrity chef Mario Batali, his business partner and their New York City restaurant company have agreed to pay $600,000 to resolve a four-year investigation by the state attorney general’s office into allegations that Batali, restaur
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MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

CALGARY — MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on a near doubling of revenues.
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Magna agrees to buy Swedish driver technology firm Veoneer for US$3.8 billion

Magna agrees to buy Swedish driver technology firm Veoneer for US$3.8 billion

TORONTO — Magna International Inc. is advancing its goal of becoming a global leader in advanced driver assistance technology by reaching an agreement to acquire Swedish automotive safety technology firm Veoneer for US$3.8 billion including debt.
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