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Aurora Cannabis growing storage to prepare for derivatives launch next fall

Aurora Cannabis growing storage to prepare for derivatives launch next fall

Aurora Cannabis Inc. is building up inventory in anticipation of the legalization of edibles and vaping products next fall, but insists that won't interrupt its sales growth and march to profitability.

CPP Investment Board posts 8.9% return for 2018-19, adds $35.9B to assets

TORONTO — Canada Pension Plan Investment Board recovered from a weak quarter in late 2018 to produce a solid 8.9 per cent net return for its most recent financial year.
N.S. mine where roof collapsed allowed limited production increase

N.S. mine where roof collapsed allowed limited production increase

DONKIN, N.S. — Nova Scotia's Labour Department has allowed a limited increase in production at Canada's only operating underground coal mine after a series of roof collapses last year.
Restaurant Brands plans to grow to more than 40K restaurants in the coming years

Restaurant Brands plans to grow to more than 40K restaurants in the coming years

The parent company of Tim Hortons plans to grow its three fast-food chains to more than 40,000 locations around the world over the next eight to 10 years.
American Express buys restaurant reservation service Resy

American Express buys restaurant reservation service Resy

NEW YORK — American Express is buying the online reservation startup Resy, the companies announced Wednesday, the latest move by AmEx to establish and maintain a foothold for its card members in some of the world's most desired restaurants.
Canadian home sales climb higher in April, boosted by Toronto and Montreal

Canadian home sales climb higher in April, boosted by Toronto and Montreal

OTTAWA — Home sales in April posted their first year-over-year increase since December 2017 as gains in Montreal and the Toronto region outweighed a decline in the B.C. Lower Mainland.
Canadian inflation rises in April; gas prices strengthen from carbon pricing

Canadian inflation rises in April; gas prices strengthen from carbon pricing

OTTAWA — Canada's annual inflation rate picked up its pace in April for a third-straight month due in part to stronger gasoline prices in provinces with new carbon-pricing systems.
Ford adds 270,000 cars to recall for unintended rollaways

Ford adds 270,000 cars to recall for unintended rollaways

DETROIT — Ford is adding 270,000 vehicles to a recall in North America to fix a gearshift problem that could cause them roll away unexpectedly. The addition covers certain 2013 through 2016 Fusion midsize cars with 2. 5-litre engines.
US industrial production down 0.5% in April

US industrial production down 0.5% in April

WASHINGTON — U.S. industrial production fell in April, dragged by a big drop in factory output as production of autos and auto parts continued to slide. Industrial output — reflecting total production at factories, utilities and mines — dropped 0.

Nest Wealth acquires Razor Logic Systems to bolster services to advisers

TORONTO — Nest Wealth has acquired privately owned Razor Logic Systems, an Edmonton-area company that provides banks, investment firms and independent advisers with a platform to generate complex financial plans for their clients.