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National Business
New Mexico governor signs bill to legalize recreational pot
SANTA FE, N.M. — New Mexico Gov. Michelle Lujan Grisham signed legislation Monday legalizing recreational marijuana use within months and kicking off sales next year, making it the seventh state since November to put an end to pot prohibition.
Apr 12, 2021 7:28 PM
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Biden wants infrastructure deal, but GOP doubts persist
WASHINGTON — President Joe Biden wants Congress to know he's sincere about cutting a deal on infrastructure, but Republican lawmakers have deep-seated doubts about the scope of his proposed package, its tax hikes and Biden's premise that this is an i
Apr 12, 2021 4:37 PM
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Microsoft buying speech recognition firm Nuance in $16B deal
Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion.
Apr 12, 2021 3:39 PM
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Alberta legislature Speaker apologizes for condemning new COVID health restrictions
EDMONTON — The Speaker of the Alberta legislature is apologizing for publicly condemning the government’s new COVID-19 health restrictions.
Apr 12, 2021 3:25 PM
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S&P/TSX composite falls as base metals and health-care drop, offset by financials
TORONTO — Canada's main stock index closed lower as weakness in base metals and cannabis companies offset gains in the financials and consumer discretionary sectors on Monday. The S&P/TSX composite index was down 26.75 points at 19,201.
Apr 12, 2021 2:24 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,201.28, down 26.75 points.) Toronto-Dominion Bank (TSX:TD). Financials. Up 72 cents, or 0.87 per cent, to $83.60 on 13.
Apr 12, 2021 1:48 PM
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'The right thing to do:' Sobeys reinstates lockdown bonus for front-line workers
Canada's second-largest grocery retailer is reinstating a lockdown bonus for workers in areas with renewed stay-at-home orders, yet it's unclear whether competitors will follow suit. Sobeys Inc. said Monday the pay bump is "the right thing to do.
Apr 12, 2021 1:45 PM
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GreenFirst to buy six lumber mills and a newsprint mill from Rayonier for US$214M
CALGARY — GreenFirst Forest Products Inc. says it has struck a deal to buy six lumber mills in Ontario and Quebec and a newsprint mill in Kapuskasing, Ont., for about US$214 million from subsidiaries of Rayonier Advanced Materials Inc.
Apr 12, 2021 12:50 PM
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Households expect return to pre-pandemic spending within a year, Bank of Canada says
OTTAWA — Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes, the Bank of Canada said in a report released Monday.
Apr 12, 2021 11:07 AM
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OSC study finds COVID-19 pandemic impacts retail investors unevenly
TORONTO — The COVID-19 pandemic is affecting retail investors differently, with most trying to endure the hardship and uncertainty, according to a study by Ontario's securities regulator.
Apr 12, 2021 11:00 AM
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