Skip to content

National Business

Organigram shares dive nearly 20% after warning Q4 revenue would miss Q3 levels

Organigram shares dive nearly 20% after warning Q4 revenue would miss Q3 levels

MONCTON, N.B. — Shares in Organigram Holdings Inc. were hit hard Tuesday after the cannabis company said its fourth-quarter net revenue is expected to be lower than what the company saw in its third quarter.
Bank of Canada official urges public-private sector defence against cyberattacks

Bank of Canada official urges public-private sector defence against cyberattacks

TORONTO — Government bodies and the private sector need more ways to share information about cybersecurity threats, and that may require new regulations or legislation, a Bank of Canada official said Tuesday.
Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts

Imperial 'scurrying' to ramp up crude by rail but uninterested in rail contracts

CALGARY — Imperial Oil Ltd. is "scurrying" to quickly ramp up crude-by-rail shipments from its Edmonton terminal to take advantage of improved profitability caused by the Keystone pipeline spill in North Dakota, CEO Rich Kruger said Tuesday.
Supreme Court lets Sandy Hook shooting lawsuit go forward

Supreme Court lets Sandy Hook shooting lawsuit go forward

WASHINGTON — The Supreme Court said Tuesday that a survivor and relatives of victims of the Sandy Hook Elementary School shooting can pursue their lawsuit against the maker of the rifle used to kill 26 people.
Rona's 'truly Canadian,' 'proudly Canadian' signs inaccurate, Ad Standards says

Rona's 'truly Canadian,' 'proudly Canadian' signs inaccurate, Ad Standards says

TORONTO — Ad Standards says Rona Inc.'s "truly Canadian" and "proudly Canadian" store signs are inaccurate since the company has been acquired by a U.S. firm.
Recipe Unlimited Corp. shares sink to record low on 'disappointing' Q3

Recipe Unlimited Corp. shares sink to record low on 'disappointing' Q3

VAUGHAN, Ont. — Shares of Recipe Unlimited Corp., the company behind Swiss Chalet, St. Hubert and the Keg, sank to a record low Tuesday after it reported "disappointing" results that saw its sales and profits slip in the third quarter.
No. 1 milk company declares bankruptcy amid drop in demand

No. 1 milk company declares bankruptcy amid drop in demand

Dean Foods, America's biggest milk processor, filed for bankruptcy Tuesday amid a decades-long drop-off in U.S. milk consumption blamed on changing trends and a growing variety of alternatives.
Scandal-hit Nissan's profits crash amid lower global sales

Scandal-hit Nissan's profits crash amid lower global sales

TOKYO — Japanese automaker Nissan reported Tuesday that its July-September profit tumbled to half of what it earned the year before as sales and brand power crumbled following the arrest of its former chairman, Carlos Ghosn.
Securities regulators issue guidance on disclosure for cannabis industry

Securities regulators issue guidance on disclosure for cannabis industry

TORONTO — Canadian securities administrators have issued a reminder to the cannabis industry about the need to properly disclose potential conflicts of interest.
Court says EU states must label Israeli settlement products

Court says EU states must label Israeli settlement products

BRUSSELS — The European Union's top court ruled Tuesday that EU countries must identify products made in Israeli settlements on their labels, in a decision that was welcomed by rights groups but sparked anger in Israel.