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Aurora Cannabis president Steve Dobler stepping down at the end of the month

Aurora Cannabis president Steve Dobler stepping down at the end of the month

EDMONTON — Aurora Cannabis Inc. says co-founder Steve Dobler will retire as president and as a director of the company at the end of the month. Dobler has held the roles at the cannabis company since December 2014.
Fitch downgrades Air Canada over expected slow recovery for international travel

Fitch downgrades Air Canada over expected slow recovery for international travel

CHICAGO — Fitch Ratings has downgraded Air Canada because of an expected slower recovery in demand from the COVID-19 pandemic, especially for international travel.
DavidsTea Inc. may pursue formal restructure, hasn't paid rent in three months

DavidsTea Inc. may pursue formal restructure, hasn't paid rent in three months

MONTREAL — DavidsTea Inc. says it may pursue a formal restructuring that partly depends on landlord negotiations as the company looks to close some of its unprofitable locations.

Fairfax chairman Prem Watsa spends nearly US$150 million to buy more shares

TORONTO — The chairman and CEO of Fairfax Financial Holdings Ltd. has spent nearly US$150 million to purchase thousands of additional company shares.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,359.66 , up 103.09 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down six cents, or 11.54 per cent, to 46 cents on 20.

North American bounce back following additional intervention from U.S. Fed

TORONTO — North American stock markets bounced back Monday from early pandemic-induced anxieties following a further intervention from the Federal Reserve. The U.S.
Bombardier to be dropped from S&P/TSX composite index, shares down

Bombardier to be dropped from S&P/TSX composite index, shares down

TORONTO — Bombardier Inc. shares tumbled nearly 12 per cent Monday after news that it will be dropped from the S&P/TSX composite index, adding to the plane-and-train maker's list of woes.
Federal Court awards Ski-Doo maker BRP $3M in damages after patent violation

Federal Court awards Ski-Doo maker BRP $3M in damages after patent violation

OTTAWA — A Federal Court judge has ruled that Ski-Doo maker BRP Inc. is entitled to $2.83 million in damages from rival Arctic Cat Inc. due to a snowmobile patent infringement.
Cineplex plans to reopen cinemas, while shares suffer over failed Cineworld deal

Cineplex plans to reopen cinemas, while shares suffer over failed Cineworld deal

TORONTO — Cineplex Inc. is inching towards a gradual reopening of its Canadian theatres, starting in Alberta later this month before going wider across the country in early July.
Shopify and Walmart team up to take on shared competitor: Amazon.com

Shopify and Walmart team up to take on shared competitor: Amazon.com

Shopify Inc. is upping the ante in its battle against Amazon.com Inc. by aligning itself Walmart Inc. in its fight with the Seattle online retailer.