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Aurora Cannabis records $67.2 million net loss in second quarter
Aurora Cannabis Inc. announced Thursday that it has completed a transformation plan delivering $340 million in annualized savings since February 2020, but said it still incurred a $67.2 million net loss in its most recent quarter.
Feb 9, 2023 6:26 PM
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Indigo latest target in string of cyberattacks on Canadian businesses
A cybersecurity incident that knocked Indigo Books & Music Inc.'s website and electronic payment systems offline is the latest in a string of cyberattacks experts say are increasingly targeting Canadian businesses.
Feb 9, 2023 5:37 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,597.75, down 81.79): Suncor Energy Inc. (TSX:SU). Energy. Down 22 cents, or 0.5 per cent, to $44.46 on 10.3 million shares.
Feb 9, 2023 5:19 PM
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S&P/TSX composite reverses early gains to end lower, U.S. stock markets also down
TORONTO — Falling commodity prices and mixed corporate earnings helped push down Canada's main stock index Thursday, while U.S. stock markets also fell.
Feb 9, 2023 5:03 PM
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Saputo Inc. sees earnings double in third quarter amid higher prices
MONTREAL — Saputo Inc. says its earnings for the latest quarter were $179 million, more than double its $86 million a year earlier as the company says it expects its earnings for the full fiscal year to make a meaningful recovery.
Feb 9, 2023 4:44 PM
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Scotiabank says royalty credits for well cleanup would damage industry's reputation
CALGARY — Scotiabank is warning that the Alberta government's plan to give oil companies a royalty credit for cleaning up their old wells could damage the reputation of Canada's oil and gas industry.
Feb 9, 2023 4:34 PM
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Cannabis company Canopy Growth to lay off 800, close and consolidate some facilities
Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close a former Hershey chocolate plant it tookover and consolidate some of its cultivation operations. The Smiths Falls, Ont.
Feb 9, 2023 4:25 PM
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Stocks fall after Wall Street's morning rally evaporates
NEW YORK (AP) — Stocks closed lower following another mixed batch of profit reports from companies, as rising yields in the bond market raise the pressure on Wall Street. The S&P 500 fell 0.
Feb 9, 2023 4:09 PM
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Precision Drilling reports $3.5M Q4 profit, revenue up more than 70 per cent
CALGARY — Precision Drilling Corp. saw its fourth-quarter revenue increase by 73 per cent year-over-year, as North American oil and gas drilling activity continues to pick up.
Feb 9, 2023 3:53 PM
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Telus sees earnings, revenue gains ahead as it pulls back on spending
VANCOUVER — Telus Corp.
Feb 9, 2023 2:57 PM
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