SASKATOON — A Saskatoon company has been granted the first two licences to produce and distribute medical marijuana under new Health Canada pot rules.
Prairie Plant Systems Inc. has been Health Canada’s only supplier of pharmaceutical-grade marijuana for 13 years. CEO Brent Zettl says the new regulations mean people won’t have to go through Health Canada.
TORONTO — BlackBerry Ltd. (TSX:BB) has signed a deal to be bought by a consortium led by its largest shareholder in a deal valued at U$4.7 billion, the companies announced Monday.
The consortium led by Fairfax Financial Holdings. Ltd. (TSX:FFH), a Canadian investment firm primarily focused on the insurance industry, has offered US$9 per share in cash for the smartphone maker.
EDMONTON—Coca-Cola has cancelled a Canadian promotion that paired randomly-generated English and French words inside bottle caps after an Edmonton woman got one that said “You Retard.”
Blake Loates said she and her husband were eating at a restaurant in Edmonton earlier this week when her husband read the cap off his bottle of Vitaminwater.
TORONTO—Ford’s investment in the Oakville plant west of Toronto is creating hope among union members and industry watchers that more jobs may come to Canada as demand for cars rebounds to pre-recession levels.
LONDON, Ont. — Here’s a bit of sweet news for some chocolate lovers.
Four of the largest chocolate producers in Canada have agreed to pay more than $23 million to settle a class-action lawsuit alleging price-fixing and price maintenance in the Canadian market.
MIRABEL, Que. — Bombardier’s CSeries aircraft completed its maiden flight Monday, in a successful test run of a new narrow-body airplane design that promises to support Canada’s aerospace sector while challenging the dominance of the industry’s two giants.
NEW YORK — America’s superrich just keep getting richer.
Forbes on Monday released its annual list of the top 400 richest Americans. While most of the top names and rankings didn’t change from a year ago, the majority of members of the elite club saw their fortunes grow over the past year, helped by strong stock and real estate markets.
TORONTO — TD Bank Group (TSX:TD), Canadian Imperial Bank of Commerce (TSX:CM) and Aimia Inc. (TSX:AIM) have settled on a compromise covering the Aeroplan loyalty credit cards that handle billions of dollars worth of transactions annually.
TORONTO — A new study by the Canadian Payroll Association suggests fewer Canadians are living paycheque to paycheque compared with last year.
Of those polled, 42 per cent said they would be in financial trouble if their pay was delayed by even one week, down from 47 last year.
OTTAWA — The federal and Ontario governments have sold a block of 30 million shares in General Motors valued in the neighbourhood of $1.1 billion.
Finance Minister Jim Flaherty said in an email that the shares were sold at Tuesday’s closing price of US$37 on the New York Stock Exchange, minus a small discount.