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Canopy Growth to exchange C$262.7M in notes for shares and a bit of cash

Canopy Growth to exchange C$262.7M in notes for shares and a bit of cash

Canopy Growth Corp. has signed two deals to exchange C$262.7 million of its debt for shares and a little bit of cash
WestJet 'proactively' removed flights from Pearson, anticipating summer travel snarls

WestJet 'proactively' removed flights from Pearson, anticipating summer travel snarls

CALGARY — As the Canadian travel industry continues to struggle with an unprecedented rebound in demand, WestJet Airlines Ltd. is flying 32 per cent fewer flights in and out of Toronto Pearson International Airport in July than it did pre-pandemic.

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 (18,861.36, down 217.28 points.) Bank of Nova Scotia (TSX:BNS). Financials. Down 80 cents, or one per cent, to $76.18 on 9.
North American stock markets wrap up brutal quarter and first half of 2022

North American stock markets wrap up brutal quarter and first half of 2022

TORONTO — Allan Small said the first half of 2022 has proven to be the worst run of his 25-year investment career. Canada's main stock index concluded its weakest quarter since before the pandemic while U.S.
Compensation questions loom for Air Canada customers with cancelled flights

Compensation questions loom for Air Canada customers with cancelled flights

MONTREAL — Consumer rights advocates are demanding Air Canada provide compensation to many of the hundreds of thousands of passengers whose summer flights it cancelled — but whether the airline plans to concede remains up in the air.
Stocks slump, closing out worst quarter since early 2020

Stocks slump, closing out worst quarter since early 2020

NEW YORK — Stocks fell again on Wall Street Thursday, closing out the worst quarter for the market since the onset of the pandemic in early 2020. The S&P 500 index lost 0.9%.
Calgary Stampede receives $10M from federal government to aid recovery from pandemic

Calgary Stampede receives $10M from federal government to aid recovery from pandemic

CALGARY — The Calgary Stampede has received more than $10 million from the federal government to help it bounce back after last year's event was scaled down due to the COVID-19 pandemic.
In tight rental market, here's how to prepare for a potential increase at renewal

In tight rental market, here's how to prepare for a potential increase at renewal

TORONTO — The rate advantage city renters saw during the pandemic is fading, making it important for those without rent controls to plan ahead for potentially substantial increases.
OPEC+ oil boost likely not much help to high gasoline prices

OPEC+ oil boost likely not much help to high gasoline prices

NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy
Supreme Court limits EPA in curbing power plant emissions

Supreme Court limits EPA in curbing power plant emissions

WASHINGTON (AP) — In a blow to the fight against climate change , the Supreme Court on Thursday limited how the nation’s main anti-air pollution law can be used to reduce carbon dioxide emissions from power plants.