Moose Jaw - National Business News

Telus says Rogers takeover of Shaw would harm competition, urges CRTC to reject

A Telus Corp. executive told a CRTC hearing Tuesday that Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc. is dangerous for the same reason that Rogers is pursuing it — scale.

Nov 23, 2021 1:50 PM Read more >

Bank of Canada deputy says households may be more impacted by rise in interest rates

OTTAWA — A senior official at the Bank of Canada says the number of highly indebted households appears to be back on the rise as pandemic aid from governments winds down.

Nov 23, 2021 1:35 PM Read more >

Jury holds pharmacies responsible for role in opioid crisis

CLEVELAND (AP) — Three retail pharmacy chains recklessly distributed massive amounts of pain pills in two Ohio counties, a federal jury said Tuesday in a verdict that could set the tone for U.S.

Nov 23, 2021 12:42 PM Read more >

Interfor covers full North American production area with $490-million deal for Eacom

Interfor Corp. will become the only lumber company with operations in all four producing regions of North America with its purchase of Eacom Timber Corp. for $490 million. The Burnaby, B.C.

Nov 23, 2021 11:50 AM Read more >

Parkland moves to pause refinery operations due to Trans Mountain shutdown

CALGARY — Parkland Corp. is moving to pause its refinery processing operations in Burnaby, B.C., due to a lack of crude oil supply from the Trans Mountain pipeline, which has been shut down as a precaution due to the flooding in B.C.

Nov 23, 2021 9:57 AM Read more >

CN rail traffic in southern B.C. to resume Wednesday after mudslides

MONTREAL — Canadian National Railway Co. says it plans to restore "limited" service on washed-out tracks in southern British Columbia tomorrow after flooding and mudslides cut vital supply links.

Nov 23, 2021 9:53 AM Read more >

Cannabis company Organigram reports Q4 loss, revenue up 22 per cent from year ago

MONCTON, N.B. — Cannabis company Organigram Holdings Inc. reported a smaller loss in its latest quarter compared with a year ago as its net revenue rose 22 per cent. The company says it lost $26 million for the quarter ended Aug.

Nov 23, 2021 9:43 AM Read more >

George Weston Q3 profit down from year ago as it sells Weston Foods business

TORONTO — George Weston Ltd. reported a third-quarter profit attributable to common shareholders of $124 million, down from $303 million in the same quarter last year. The company, which owns large interests in Loblaw Companies Ltd.

Nov 23, 2021 7:40 AM Read more >

Elizabeth Holmes makes her case to the jury in fraud trial

SAN JOSE, Calif. (AP) — Elizabeth Holmes, the one-time medical entrepreneur now charged with building a fraudulent company based on promises of a revolutionary technology, returned to the witness stand Monday.

Nov 22, 2021 10:19 PM Read more >

Air Canada to settle U.S. flight refund case in US$4.5-million settlement

MONTREAL — Air Canada has agreed to a US$4.5-million settlement of charges it failed to promptly refund customers after cancelling flights amid the COVID-19 pandemic. The U.S.

Nov 22, 2021 8:03 PM Read more >