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Drake, Ryan Reynolds among latest Wealthsimple backers in $750 million funding round

Drake, Ryan Reynolds among latest Wealthsimple backers in $750 million funding round

TORONTO — A new financing deal involving plenty of star power and venture capital investors has pushed Wealthsimple's valuation to $5 billion and has its CEO anxious to build the brand even further.
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Port of Montreal volumes fall for first time in seven years due to pandemic, strikes

Port of Montreal volumes fall for first time in seven years due to pandemic, strikes

MONTREAL — The COVID-19 pandemic, a dockworkers strike and a rail blockage hit the Port of Montreal, which saw its cargo volumes fall in 2020 for the first time in seven years. The port says its volumes fell 14 per cent to 35.
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Bombardier expecting Q1 revenues to increase 18%; faces accusation from debt holder

Bombardier expecting Q1 revenues to increase 18%; faces accusation from debt holder

MONTREAL — Bombardier is expecting to generate higher revenues in the first quarter while the aircraft manufacturer faces an allegation that it breached debt covenants by selling its railway and commercial aircraft businesses.
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Growth in US manufacturing slowed in April from March high

Growth in US manufacturing slowed in April from March high

WASHINGTON — Growth in U.S. manufacturing slowed slightly in April partly due to a snarled global supply chain after hitting a 37-year high in March.
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Scotiabank signs deal to increase stake in Chilean operations to 83 per cent

Scotiabank signs deal to increase stake in Chilean operations to 83 per cent

TORONTO — The Bank of Nova Scotia says it has signed a deal to buy an additional 7.0 per cent stake in Scotiabank Chile from the Said family. The deal will increase Scotiabank's interest in its Chilean operations to 83 per cent.
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Lower visits, revenue reported as pandemic measures created unpredictable ski season

Lower visits, revenue reported as pandemic measures created unpredictable ski season

CALGARY — Measures to control the COVID-19 pandemic made for a bumpy ride for most of the ski and snowboard industry in Canada, as revenues slumped even at resorts that were able to maintain near-normal lift ticket sales in a season that’s coming to
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Denmark removes J&J from vaccination program over clot fears

Denmark removes J&J from vaccination program over clot fears

COPENHAGEN — Denmark on Monday removed the single-dose Johnson & Johnson COVID-19 shot from its vaccination program to investigate reports of rare but potentially dangerous blood clots.
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Alberta judge rejects Super Channel parent's request to block sale of set-top boxes

Alberta judge rejects Super Channel parent's request to block sale of set-top boxes

EDMONTON — An Alberta court has rejected an Edmonton company's request to block four Canadian retailers from selling set-top boxes that allegedly can be used to illegally access its programming offerings.
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US construction spending up in March less than expected

US construction spending up in March less than expected

SILVER SPRING, Md. — U.S. construction spending bounced back in March following a February beset by frigid cold and winter storms across large swaths of the country. However, spending on construction projects rose just 0.
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Tilray-Aphria deal closes, company to control biggest share of Cdn pot market

Tilray-Aphria deal closes, company to control biggest share of Cdn pot market

NANAIMO, B.C. — Tilray Inc. and Aphria Inc. say their merger deal has now closed after receiving approval from shareholders of both companies. Tilray shareholders voted Friday in favour of issuing stock to Aphria's shareholders, but the Nanaimo, B.C.
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