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Ontario set for years of post-pandemic deficits without new policy: FAO

Ontario set for years of post-pandemic deficits without new policy: FAO

TORONTO — Ontario is on track for years of post-pandemic deficits unless the government hikes taxes or cuts services, the province's fiscal watchdog said in a new report Thursday.
Insurers see profit gains despite 'tough year' of COVID-19 fatalities

Insurers see profit gains despite 'tough year' of COVID-19 fatalities

Amid the grim backdrop of COVID-19 fatalities, Canadian insurers have also found some consumers have an increased interest in life and health insurance.
Cineplex CEO says cinemas 'could help in a big way' as potential vaccination sites

Cineplex CEO says cinemas 'could help in a big way' as potential vaccination sites

TORONTO — The head of Cineplex Inc. is ready to turn Canada's multiplexes into temporary COVID-19 vaccination sites.
Aurora Cannabis 'back on offence,' after restructuring and $292M loss in Q2: CEO

Aurora Cannabis 'back on offence,' after restructuring and $292M loss in Q2: CEO

Aurora Cannabis Inc.'s chief executive says his company is back on track for success, after spending last year fixated on a dramatic restructuring involving hundreds of layoffs and several facility closures.
СÀ¶ÊÓƵ opens latest round of funding to clean up dormant oil and gas wells

СÀ¶ÊÓƵ opens latest round of funding to clean up dormant oil and gas wells

VANCOUVER — The latest round of applications is now open under a $100-million fund aimed at cleaning dormant oil and gas wells in British Columbia. СÀ¶ÊÓƵ
Telus reveals dividend plan, hints at plans for health and agriculture after IPO

Telus reveals dividend plan, hints at plans for health and agriculture after IPO

Telus Corp. hinted at the future of its health and agriculture ventures on Thursday, as well as its plans for dividends.
S&P/TSX composite streak ends at eight as cannabis stocks fall

S&P/TSX composite streak ends at eight as cannabis stocks fall

TORONTO — Canada's main stock index fell for the first time in February as frenzied buying in the cannabis sector strongly reversed course. The S&P/TSX composite index slipped for the first time in nine sessions and closed down 64.
Molson reports $1.37B loss in Q4 as arena, entertainment venue shutdowns continue

Molson reports $1.37B loss in Q4 as arena, entertainment venue shutdowns continue

MONTREAL — Molson Coors Brewing Co. is betting that strong pent-up demand for live sports and entertainment and the growth of e-commerce sales will buoy the beer giant once the economy reopens post-pandemic.
Biden hopes infrastructure can bridge partisan divide

Biden hopes infrastructure can bridge partisan divide

WASHINGTON — President Joe Biden is hoping that launching an effort to build roads and bridges can help to unite Democrats and Republicans in a time of sharp partisan divisions.
Domtar reports US$59M fourth-quarter loss, sales down from year ago

Domtar reports US$59M fourth-quarter loss, sales down from year ago

MONTREAL — Domtar Corp. reported a fourth-quarter loss of US$59 million compared with a loss of US$34 million in the same quarter a year earlier. The pulp and paper company, which keeps its books in U.S. dollars, says the loss amounted to US$1.
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