National Business

SMITHS FALLS, Ont. — Canopy Growth Corp. is laying off another round of workers as the cannabis company continues to restructure. The Smiths Falls, Ont.

LONDON — Virgin Atlantic completed its 1.2 billion-pound ($1.6 billion) restructuring plan and cut 1,150 jobs Friday as the airline sought to rebuild following the devastation caused by the COVID-19 pandemic.

TORONTO — Unifor says it will announce on Tuesday the Detroit Three automaker it will target to establish the pattern agreement in its contract talks.

OTTAWA — The national unemployment rate was 10.2 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

OTTAWA — Canada's national unemployment rate was 10.2 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 13.1 per cent (15.6) _ Prince Edward Island 10.

OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 10.2 per cent (10.9) Employment rate: 58.0 per cent (57.3) Participation rate: 64.6 per cent (64.

MONTREAL — Laurentian Bank Financial Group beat expectations as it reported a third-quarter profit of $36.2 million.

LANSING, Mich. — Gov.

TORONTO — Co-working company IWG, which owns on-demand office brands Regus and Spaces, is seeking creditor protection in Canada precipitated by COVID-19 lockdowns.

WASHINGTON — The U.S. trade deficit surged in July to $63.6 billion, the highest level in 12 years, as imports jumped by a record amount.