National Business

Some of British Columbia's cannabis stores say they're shutting their doors and laying off staff after a labour dispute in the public sector has stopped the province's pot distribution centre from shipping product since early last week.

EDMONTON — CWB Financial Group said Friday that earnings were hit in the last quarter as it set aside more funds for bad loans and saw its interest margin dip, but that it also saw loan growth as it continues its expansion into Ontario.

TORONTO — Marketing experts say brands that have advertised themselves with a nod to CTV National News host Lisa LaFlamme's recent dismissal should beware of blowback.

WASHINGTON (AP) — Inflation eased last month as energy prices tumbled, raising hopes that the surging costs of everything from gasoline to food may have peaked.

OTTAWA — The federal government posted a surplus of $10.2 billion in the first quarter of the fiscal year. According to the Finance Department's monthly fiscal monitor report, the surplus posted for April to June compared with a deficit of $36.

JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades .

TORONTO — After fuelling Canada's economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate. It's welcome news for prospective buyers hoping for a better price.

LONDON (AP) — Jennifer Jones keeps feeding money into her energy meter , but it never seems to be enough. And when she can’t pay, she feels the impact immediately.

SACRAMENTO, Calif. (AP) — California set itself on a path Thursday to end the era of gas-powered cars, with air regulators adopting the world's most stringent rules for transitioning to zero-emission vehicles.

Waterloo, Ont.-based tech company OpenText says it will acquire Micro Focus International plc in a deal valued at $6 billion. The all-cash deal will see OpenText acquire the U.K.