National Business

TORONTO — The Supreme Cannabis Company Inc. has signed a deal to acquire Blissco Cannabis Corp. in an all-stock deal it valued at $48 million. Under the agreement, each Blissco Share will be exchanged for 0.24 of a common share of Supreme Cannabis.

OTTAWA — Statistics Canada says manufacturing sales increased 2.1 per cent to $58.0 billion in March, boosted by the transportation equipment, petroleum and coal product, and primary metal industries. Economists had expected a 1.

In a fateful swipe at telecommunications giant Huawei, the Trump administration issued an executive order Wednesday apparently aimed at banning its equipment from U.S. networks and said it was subjecting the Chinese company to strict export controls.

SAN FRANCISCO — Pacific Gas & Electric Corp. power lines sparked a Northern California blaze that killed 85 people last year, making it the deadliest U.S. wildfire in a century, state fire officials said Wednesday.

NEW YORK — The Woodstock 50 festival is back on after a court rebuffed an ex-investor's effort to cancel the anniversary extravaganza — but organizers will have to do without some $18 million, at least for now.

NEW YORK — Broadcaster CBS is pushing the boundaries — gently — next season, as it and other networks navigate the rise of streaming.

TORONTO — Canada's main stock index closed higher Wednesday along with U.S. markets, led by gains in the tech sector. The market gains came as the hit from heightened trade tensions between the U.S.

CALGARY — A second Canadian company is going to Paradise to help rebuild the community nearly destroyed by last November's devastating northern California wildfires. Calgary-based Atco Ltd.

CALGARY — Shares in Keyera Corp. rose by as much as nine per cent after it announced it will proceed with a long-anticipated $1.3-billion pipeline to bring natural gas liquids from northwestern Alberta to market.

Aurora Cannabis Inc. is building up inventory in anticipation of the legalization of edibles and vaping products next fall, but insists that won't interrupt its sales growth and march to profitability.