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Canada at risk of falling behind in open banking innovation: Senate report

Canada at risk of falling behind in open banking innovation: Senate report

A Senate committee has recommended that Ottawa push forward with a framework to facilitate open banking, a concept that would allow third-parties like financial technology startups access to banking data to develop innovative services.
Canada could hit pot oversupply as early as 2019, depending on edibles: BDS

Canada could hit pot oversupply as early as 2019, depending on edibles: BDS

TORONTO — Canada could reach an oversupply of legal pot as soon as the end of this year, depending on how the rollout of edibles and other next-generation products impacts supply, a U.S. cannabis research analyst says.
Energy stocks help lift main Toronto stock index, Canadian dollar rises

Energy stocks help lift main Toronto stock index, Canadian dollar rises

TORONTO — Canada's main stock index has advanced moderately, with energy stocks providing some of the lift. The S&P/TSX composite index was up 73.55 points at 16,585.34 after 90 minutes of trading.
Texas says DNA technology jeopardizes cases

Texas says DNA technology jeopardizes cases

AUSTIN, Texas — With a name that sounds like futuristic fiction, Rapid DNA machines roughly the size of an office printer have helped solve rape cases in Kentucky, identified California wildfire victims and verified family connections of migrants at

Fontaine Sante Foods buys Campbell Soup's Garden Fresh Gourmet subsidiary

MONTREAL — Fontaine Sante Foods is expanding in the United States with the acquisition of the Garden Fresh Gourmet, a subsidiary of Campbell Soup Co. Financial terms of the deal were not immediately available.
Ottawa greenlights northern airlines merger in wake of 'monopoly' warnings

Ottawa greenlights northern airlines merger in wake of 'monopoly' warnings

OTTAWA — The federal government has approved a merger between two northern air carriers that Canada's competition watchdog has said would amount to a monopoly on key routes.
Canopy Growth shareholders approve proposed acquisition of Acreage Holdings

Canopy Growth shareholders approve proposed acquisition of Acreage Holdings

SMITHS FALLS, Ont. — Canopy Growth Corp. says its shareholders approved transactions connected to the company's proposed acquisition of U.S. cannabis company Acreage Holdings. The Smiths Falls, Ont.,-based cannabis producer says 99.
TSX up slightly along with U.S. markets after US Fed indicates potential rate cut

TSX up slightly along with U.S. markets after US Fed indicates potential rate cut

TORONTO — Canada's main stock index closed slightly higher Wednesday after the U.S. Federal Reserve kept its key interest rate unchanged but indicated it's prepared to cut it if economic stimulus is needed.
U2 guitarist won't get to build mansions on Malibu hillside

U2 guitarist won't get to build mansions on Malibu hillside

MALIBU, Calif. — A plan by U2 guitarist The Edge to build a cluster of mansions on a ridgeline above Malibu appears to be dead after California's highest court declined to consider his last-ditch appeal.

Most actively traded companies on the TSX

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,511.79, up 8.44 points). Encana Corp. (TSX:ECA). Energy. Down 13 cents, or 1.98 per cent, to $6.42 on 6.2 million shares. Bombardier Inc.
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