National Business

Hexo Corp. has announced a deal to buy cannabis producer Redecan for $925 million as the pot company continues its hunt for market share.

As travel agencies report soaring international bookings, experts and travellers say Canada’s requirement around quarantine hotels for returning travellers is the No. 1 factor holding back people from taking trips.

OTTAWA — Canada Post says more than 950,000 customers were potentially exposed in a data breach attack on one of its suppliers.

The head of National Bank of Canada has a rosy outlook on his company's future as COVID-19 begins to subside, but chief executive Louis Vachon is still worried about variants that may emerge and the possibility of an overheating economy.

WASHINGTON (AP) — Americans increased their spending by 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions of dollars in individual stimulus checks. Even with the pullback from a 4.

CALGARY — Vancouver-based CanWel Building Materials Group Ltd. says it will change its name to Doman Building Materials Group Ltd. effective Monday.

CALGARY — Interfor Corp. is forging ahead with a strategy fuelled by record high prices to grow its lumber production in the United States as the U.S. moves to increase softwood lumber duties on Canadian imports to protect its domestic producers.

KUALA LUMPUR, Malaysia (AP) — Malaysia's prime minister says a total coronavirus lockdown will be imposed in the country, with all business and economic activities to be halted for two weeks to contain a worsening outbreak.

EDMONTON — CWB Financial Group topped expectations as it reported its second-quarter profit rose 40 per cent compared with a year ago.

CALGARY — Calfrac Well Services Ltd. has won its legal battle with a Texas rival that mounted an unsuccessful takeover attempt after the Supreme Court of Canada declined to hear an appeal.