Skip to content

National Business

EU slaps sanctions on Turkey over gas drilling off Cyprus

EU slaps sanctions on Turkey over gas drilling off Cyprus

BRUSSELS — European Union foreign ministers on Monday turned up the pressure on Turkey after approving an initial batch of sanctions against the country over its drilling for gas in waters where EU member Cyprus has exclusive economic rights.
Health Canada revokes licences of pot producer Agrima Botanicals

Health Canada revokes licences of pot producer Agrima Botanicals

VANCOUVER — Cannabis producer Agrima Botanicals Corp. has had its licences revoked by Health Canada, marking the first time that the regulator has stripped away these authorizations.
TSX starts week higher while U.S. markets close at record highs on start of Q2

TSX starts week higher while U.S. markets close at record highs on start of Q2

TORONTO — Canada's main stock index started the week stronger and U.S. markets closed at record highs while Citigroup provided an early glimpse of the potential tone for the second quarter.
Cameco shares down after company says it is "disappointed" with ruling payout

Cameco shares down after company says it is "disappointed" with ruling payout

SASKATOON — Shares of uranium producer Cameco Corp. closed nearly eight per cent Monday after the company received much less than it was seeking in an arbitration dispute.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,510.82, up 22.70 points ). CannTrust Holdings Inc. (TSX:TRST). Health care. Up 64 cents, or 19.16 per cent, to $3.98 on 8.3 million shares.
Cannabis producer Organigram Holdings Inc. reports $10.2M third-quarter loss

Cannabis producer Organigram Holdings Inc. reports $10.2M third-quarter loss

Organigram Holdings Inc. reported a third-quarter loss as revenue slipped amid lower recreational pot reorders from Ontario and British Columbia, but the cannabis company anticipated growth ahead as edibles and new retail stores come online.
Producers still cautious despite higher Q2 expectations on stronger oil prices

Producers still cautious despite higher Q2 expectations on stronger oil prices

CALGARY — Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets.
Wood products producer Stella-Jones says CEO Brian McManus to step down

Wood products producer Stella-Jones says CEO Brian McManus to step down

MONTREAL — Wood-products producer Stella Jones Inc. says company president and CEO Brian McManus will step down later this year after 18 years at the company.
China's economy growth cools further amid US tariff war

China's economy growth cools further amid US tariff war

BEIJING — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. The world's second-largest economy grew 6.
Home sales edged up 0.3 per cent in June, Toronto and Montreal make gains

Home sales edged up 0.3 per cent in June, Toronto and Montreal make gains

OTTAWA — The Canadian Real Estate Association says home sales in June edged higher compared with a year ago, as gains in Greater Toronto and Montreal offset declines in B.C.