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National Business
National Business
Canadian Pacific closes US$31-billion Kansas City Southern acquisition deal
CALGARY — Canadian Pacific Railway Ltd. has completed its acquisition of Kansas City Southern, paving the way for North America's only railroad that stretches across all three countries.
Dec 14, 2021 2:11 PM
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DoorDash brings delivery-based DashMart grocery and convenience stores to Canada
TORONTO — DoorDash has brought its delivery-based grocery and convenience stores that make sales solely through an app to Canada. The San Francisco, Calif.
Dec 14, 2021 11:17 AM
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Younger investors more likely to drop advisers, embrace DIY investing
TORONTO — Canadians are increasingly embracing do-it-yourself (DIY) investing, and younger investors appear to be more eager than others to go it alone. According to research firm Investor Economics, Canadians opened more than 2.
Dec 14, 2021 10:48 AM
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Cannabis company Hexo reports $116.9M Q1 loss, launches new strategic plan
Hexo Corp. says it lost $116.9 million in its first quarter as the cannabis company announced a new strategic plan meant to reduce costs, streamline its business and improve growth. The Gatineau, Que.
Dec 14, 2021 8:40 AM
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Wholesale inflation jumps record 9.6% over past 12 months
WASHINGTON (AP) — Prices at the wholesale level surged by a record 9.
Dec 14, 2021 8:11 AM
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Gasoline truck explodes in northern Haiti; dozens killed
PORT-AU-PRINCE, Haiti (AP) — A truck carrying gasoline exploded in northern Haiti, killing more than 50 people and injuring dozens of others in the latest disaster to hit a country whose troubles deepened greatly this year.
Dec 14, 2021 7:50 AM
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Retailer Roots reports $10.8M Q3 profit, up from $10.3M profit a year ago
TORONTO — Clothing retailer Roots Corp. says it earned $10.8 million in its latest quarter, up from a profit of $10.3 million in the same quarter a year earlier.
Dec 14, 2021 7:32 AM
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Lion Electric receives order for 200 all-electric buses from Langs Bus Lines
MONTREAL — Lion Electric Co. says it has received a conditional order for 200 all-electric LionC school buses from Langs Bus Lines. Financial terms of the deal were not immediately available.
Dec 14, 2021 7:24 AM
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Insurer agrees to $800M settlement in Boy Scouts bankruptcy
DOVER, Del. (AP) — Attorneys in the Boy Scouts of America bankruptcy case have reached a tentative settlement under which one of the organization’s largest insurers would contribute $800 million into a fund for victims of child sexual abuse.
Dec 13, 2021 5:01 PM
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California brings back mask mandate as virus cases rise
SACRAMENTO, Calif. (AP) — California is bringing back a statewide indoor mask mandate. Gov. Gavin Newsom’s administration announced the new mandate will start Wednesday and last until Jan. 15.
Dec 13, 2021 4:49 PM
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