Snack food maker Neal Brothers makes cannabis edibles deal with Newstrike Brands

Cannabis company Newstrike Brands Ltd. has struck a deal to create co-branded edibles with Canadian specialty foods company Neal Brothers Inc., best known for its chips and salsa. Newstrike will own 60 per cent and Neal Brothers will own 40 per cent of a joint venture that will manufacture, distribute, market and sell cannabis-infused products. […]

Inflation rate inches up to 2.4% in October

Canada’s annual inflation rate remained above the central bank’s target for the ninth straight month in October, data showed on Friday, but markets saw few signs the Bank of Canada would hike interest rates next month. Statistics Canada said the annual inflation rate edged up to 2.4 per cent from 2.2 per cent in September. […]

Stock markets fall after APEC summit highlights China-U.S. trade tension

New York stocks slid on Monday with technology stocks leading the way after an Asia Pacific Economic Co-operation meeting this weekend highlighted the trade tensions between the U.S. and China. The Dow was down 1.6 per cent at 24,996 and the Nasdaq fell 2.7 per cent to 7,241 by mid-afternoon. In Toronto, concern over energy […]

Oilsands giant backs call for production cuts

The head of one of the country’s largest oilsands producers says Canada’s oil price woes are reaching an “emergency situation,” and on Wednesday saw his company’s call for production cuts echoed by a competitor.  Oil “is a provincial resource and… we’re giving it away for free,” Cenovus Energy CEO Alex Pourbaix said on CBC Calgary’s morning show, The Eyeopener. “Nobody is making money at this […]

Bombardier CEO defends layoffs, insists they are necessary

The head of Bombardier Inc. is defending his move to lay off 5,000 workers — 3,000 of them in Canada — citing efficiency while leaving the door open to more job cuts down the line. “Yes, it is tough. And yes, many people do not like this. But the fact is we want to go […]

Meet Canada’s unknown digital workers

Opportunities for work in Canada’s online gig economy are growing faster than in many other countries, according to the organization behind a new tool that sheds light on a part of the world’s workforce that largely goes unmeasured. The Online Labour Index uses an automated data collector to scan some of the top digital labour websites including Fiverr, […]

Blasting the earth with radio waves and one possible future for the oilsands

EDITOR’S NOTE: As part of our ongoing Road Ahead series, we are looking at companies that are experimenting with new energy technologies. Anyone who has a microwave oven at home knows that those invisible electromagnetic waves are darn good for heating things up. Turns out, the same is true of radio waves. And that’s why […]

Incoming Mexican officials arrive in Ottawa for talks and some touring

Key ministers from incoming Mexican president Andres Manuel Lopez Obrador’s government are meeting with Canadian officials in Ottawa today. Foreign Affairs Minister Chrystia Freeland and her counterpart Marcelo Ebrard, as well as International Trade Diversification Minister Jim Carr and the new economy secretary Graciela Marquez, will meet reporters at 1 p.m. ET.  CBC News will carry […]

Air Canada plane was ‘a few feet’ from ‘worst crash in aviation history,’ NTSB report says

A near-collision of airliners in San Francisco last year was a few feet from becoming the worst crash in aviation history and underscores the need for faster reporting of dangerous incidents before evidence is lost, U.S. safety officials say. The U.S. National Transportation Safety Board issued a final report Thursday on the incident involving an Air […]