National Business

VAUGHAN, Ont. — Beleaguered cannabis company CannTrust Equity Inc. has been renamed Phoena Holdings Inc.

VANCOUVER — Canfor Corp. is reporting a 25 per cent increase in net profits in its latest quarter on near record high North American lumber prices that also boosted revenues. The Vancouver-based company said it earned $534 million of $4.

Jennifer Woodfine is constantly wondering whether she should use any extra money to pay down her mortgage faster, or put it towards retirement savings instead.

In one of the surest signs Canadian workers are returning to downtown offices, Tim Hortons says sales at its "super urban" restaurants are rebounding to near pre-pandemic levels.

MONTREAL — Molson Coors Beverage Co. says its profits soared in the first quarter for its largest quarterly sales growth in more than a decade. The Colorado and Montreal-based company, which reports in U.S. dollars, says it earned US$151.

MONTREAL — A unionization campaign is underway at an Amazon warehouse in Montreal as one of North America's largest employers stares down more labour drives — with only one successful so far.

VANCOUVER — Choom Holdings Inc. and some of its subsidiaries have obtained creditor protection from the Supreme Court of British Columbia and interim financing from Aurora Cannabis Inc.

WASHINGTON (AP) — Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who is unemployed.

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales in the region fell in April and returned to more historically typical levels for the month.

CALGARY — Calfrac Well Services Ltd. reported a first-quarter loss of $21.5 million compared with a loss of $22.4 million in the same quarter last year, as its revenue rose 38 per cent.