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Latest news coverage of Canadian markets

Burger King parent Restaurant Brands tops consensus estimates, resumes dividend and share buybacks

Restaurant Brands International Inc. posted above-consensus earnings for the second quarter on Friday, after the COVID-19 pandemic hurt business in the year-earlier period. The parent of Burger King and Tim Hortons said it had net income of $390 million, or 84 cents a share, for the quarter, up ...

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Immunity provided by COVID-19 vaccines likely to ‘wane, not plummet,’ CDC director tells Congress

Federal health officials told lawmakers it’s too soon to say whether vaccinated Americans will need a COVID-19 booster shot.

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Pfizer is making the case for COVID-19 booster shots, but Fauci says we don’t need a third dose yet

A very public regulatory debate about COVID-19 booster shots has seemingly put Pfizer at odds with federal health officials who say it’s not necessary to get another shot at this time.

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Want to invest in U.S. pot stocks? Here’s what you need to know

Investors need to look beyond just cannabis to figure out how to invest in pot companies. Legal cannabis in America has created a patchwork of multibillion-dollar markets in states that have legalized commercial production...

Kansas City Southern swings to loss on merger costs, while adjusted profit misses expectations

Kansas City Southern said Friday it swung to a second-quarter net loss, as a result of more than $700 million in merger costs, while also reporting an adjusted profit and revenue that came up short of expectations. The ra...

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Fully vaccinated Americans can travel to Canada starting in mid-August

Prime Minister Justin Trudeau said on Thursday Canada could start allowing fully vaccinated Americans into Canada as of mid-August for non-essential travel and should be in a position to welcome fully vaccinated travelers ...

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U.S. losing talent because of outdated immigration system, advocates say

America’s restrictions on visas for highly skilled workers are forcing such workers to go to other countries and causing a brain drain in the U.S., according to advocates and the head of a House subcommittee.

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Schumer, other Democrats unveil draft bill for cannabis decriminalization

Senate Majority Leader Chuck Schumer and two other top Democratic senators on Wednesday roll out a "discussion draft" for a bill that would deliver federal decriminalization for cannabis. Analysts say it isn't likely to be...

Organigram tops revenue estimates in fiscal Q3 as loss narrows

Canadian cannabis company Organigram Holdings Inc. posted a narrower loss for its fiscal third quarter than in the same period a year ago as revenue topped estimates. The company posted a loss of C$4 million ($3.20 millio...

Nordstrom takes stake in Asos brands including Topshop

Nordstrom Inc. announced Monday that it has taken a minority interest in four brands run by online retailer Asos Topshop, Topman, Miss Selfridge and HIIT. Asos will continue to have creative and operational control of To...

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Lightning strikes twice as Tampa Bay repeats as Stanley Cup champion

Backstopped by their star goaltender and the only two Tampa Bay players on the ice without their name on the Cup, the Lightning won it all for the second time in 10 months by beating the Montreal Canadiens 1-0 in Game 5 on...

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Tilray marks milestone German weed harvest and launches medical prescriptions drive

Tilray is embarking on a push to educate more German doctors about the benefits of prescribing medical cannabis, as the weed giant seeks to cement its dominance in the highly-profitable European medical market.

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As worries emerge about the delta variant and the J&J shot, health officials — and, so far, the research — say the vaccinated are still protected

The Delta variant is already the most dominant strain of the virus in some U.S. states, and that’s putting some Americans easing back into “normal” life on edge.

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Israel says Pfizer vaccine just 64% effective in real world as delta variant continues to spread rapidly

The global tally of confirmed cases of COVID-19 climbed above 184 million on Tuesday, as the highly transmissible delta variant continued to race across the world and the Israeli health ministry said it believes delta has ...

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Canada, U.S. to ease pandemic border-crossing restrictions

Pandemic restrictions on travel between Canada and the U.S. began to loosen Monday for some Canadians, and Prime Minister Justin Trudeau said plans to totally reopen the border would be announced over the next few weeks.

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‘The whole town is on fire’: Wildfire forces evacuation for British Columbia town that hit a record 121 degrees

A wildfire amid a record heat wave in western Canada has forced authorities to order residents to evacuate a village in British Columbia that smashed the country's record for hottest temperature three days in a row this w...