Skip to content

National Business

Sidewalk Labs Toronto office up for lease after layoffs, abandoning smart city

Sidewalk Labs Toronto office up for lease after layoffs, abandoning smart city

TORONTO — Sidewalk Labs' Toronto office space is available for lease months after the company walked away from building a tech-savvy neighbourhood in the city.
US employers post more jobs in June, pull back on hiring

US employers post more jobs in June, pull back on hiring

WASHINGTON — U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market. The number of jobs posted on the last day in June jumped 9.6% to 5.
Canopy reports decline in recreational pot sales

Canopy reports decline in recreational pot sales

SMITH FALLS, Ont. — Canopy Growth Corp. says a decline in recreational cannabis sales during the COVID-19 pandemic contributed to a rocky quarter. The Smiths Falls, Ont.
Ensign Energy Q2 revenue drops 48 per cent, Canada's share of revenue plunges

Ensign Energy Q2 revenue drops 48 per cent, Canada's share of revenue plunges

CALGARY — Ensign Energy Services Inc. reported a $17.1-million net loss in its second quarter, as revenue fell by nearly half compared with the same time last year.
Hong Kong newspaper raided, tycoon detained under new law

Hong Kong newspaper raided, tycoon detained under new law

Hong Kong authorities broadened their enforcement of a new national security law on Monday, arresting media tycoon Jimmy Lai, searching the headquarters of his Next Digital group and carting away boxes of what they said was evidence.
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: Grocery bill One of Canada's largest grocers will report its latest quarterly results Wednesday. Metro Inc., as well as competitors Loblaw Companies Ltd.
Ontario's pot store lottery winners sell shops as more consolidation expected

Ontario's pot store lottery winners sell shops as more consolidation expected

TORONTO — More than a year after winning the chance to open one of Ontario's first cannabis stores through a provincial lottery, Lisa Bigioni has walked away from her Niagara Falls pot shop.
Premier Scott Moe worried U.S. could put tariff on steel after Canadian aluminum

Premier Scott Moe worried U.S. could put tariff on steel after Canadian aluminum

REGINA — Saskatchewan's premier says he's concerned the United States could impose a tariff on Canadian steel after the country slapped a 10 per cent import tax on aluminum.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,544.48, down 34.62 points.) Enbridge Inc. (TSX:ENB). Energy. Up 15 cents, or 0.34 per cent, to $44.17 on 9.67 million shares.
U.S. aluminum tariffs are 'unjustified and unnecessary': Canadian manufacturers

U.S. aluminum tariffs are 'unjustified and unnecessary': Canadian manufacturers

TORONTO — Canada's manufacturing industry is deeply frustrated by the U.S. government's decision to impose tariffs on Canadian aluminum and the uncertainty it creates for the sector.