Higher oil prices are expected to boost cash flow for the large Canadian crude producers as they roll out second-quarter results beginning next week, but analysts say the extra money is unlikely to be added to growth budgets.
A company planning to build an LNG export facility in Nova Scotia says it is buying southern Alberta natural gas assets from the Canadian arm of British-Dutch giant Royal Dutch Shell.
Ontario is set to get 50 more cannabis stores starting in October, and applicants will have to first show they have their finances and retail space ready to go.
An Ontario court has agreed to extend an order suspending legal proceedings against three major tobacco companies as they negotiate a settlement with their creditors after losing an appeal in a multibillion-dollar case in Quebec.
Ottawa's approval of the Trans Mountain pipeline expansion pleased business leaders, but they say they will hold off on popping champagne corks until construction begins on new pipe from Edmonton to the West Coast.
