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CPP Investment Board posts 3.6 per cent rate of return for its third quarter

CPP Investment Board posts 3.6 per cent rate of return for its third quarter

TORONTO — The Canada Pension Plan Investment Board says it earned a return of 3.6 per cent during its most recent quarter, after expenses. Net assets for the Toronto-based fund manager grew to $420.4 billion as of Dec. 31, up from $409.

CannTrust names new CEO as it works to restore licences lost from non-compliance

VAUGHAN, Ont. — CannTrust Holdings Inc. says it has appointed its chief financial officer, Greg Guyatt, to be its CEO as the company works to come back from the fallout of its operation of unlicensed grow rooms. The Vaughan, Ont.
US retail sales up a modest 0.3% in January

US retail sales up a modest 0.3% in January

WASHINGTON — U.S. retail sales rose a modest 0.3% in January, a slight improvement over December, as unseasonably warm weather boosted sales at hardware stores and furniture stores.
US brings new charges against Chinese tech giant Huawei

US brings new charges against Chinese tech giant Huawei

WASHINGTON — The U.S.
Fairfax president Rivett retiring; company earns record US$2 billion in 2019

Fairfax president Rivett retiring; company earns record US$2 billion in 2019

TORONTO — The president of Fairfax Financial Holdings Ltd. is retiring after 17 years with the company. However, Paul Rivett will remain chairman of certain Fairfax investees, including Recipe Unlimited and Fairfax Africa.
Ontario minister calls for feds to meet now with protesters blocking rail line

Ontario minister calls for feds to meet now with protesters blocking rail line

TORONTO — Ontario's Indigenous affairs minister said Thursday his federal counterpart must act quickly to resolve a rail blockade that has halted train traffic on a key provincial rail line for nearly a week.
TC Energy CEO says he's 'extremely disappointed' by Coastal GasLink opposition

TC Energy CEO says he's 'extremely disappointed' by Coastal GasLink opposition

CALGARY — The CEO of pipeline and power company TC Energy Corp. says he's "extremely disappointed" that police have had to be called in to allow the company to go ahead with construction of its Coastal GasLink pipeline.
Aurora reports Q2 loss following layoffs, writedown and CEO departure

Aurora reports Q2 loss following layoffs, writedown and CEO departure

Aurora Cannabis Inc.'s second quarter earnings were weighed down by a drop in cannabis production and the costs associated with ramping up efforts to roll out cannabis edibles and vapes.
Chorus Aviation reports profit jump despite sluggish revenue rise

Chorus Aviation reports profit jump despite sluggish revenue rise

HALIFAX — Chorus Aviation Inc. reported a net profit of $36.6 million in its latest quarter as revenue rose 1.5 per cent compared with a year ago. The regional aircraft company says profits amounted to 23 cents per share for the quarter ended Dec.
Bombardier completes its exit from commercial aviation as debt load mounts

Bombardier completes its exit from commercial aviation as debt load mounts

MONTREAL — Bombardier Inc. is selling its remaining stake in the A220 jetliner program, marking the end of its failed bid to take on the commercial aircraft duopoly of Airbus and Boeing Co.