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Tilray reports US$33.6M profit in Q4 as it merged with cannabis rival Aphria

Tilray reports US$33.6M profit in Q4 as it merged with cannabis rival Aphria

Tilray Inc.'s share price surged 25 per cent Wednesday as investors rewarded the the cannabis company for a strong outlook and fundamentals.
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Loblaw grocery sales strong but levelling off as consumer behaviour starts to shift

Loblaw grocery sales strong but levelling off as consumer behaviour starts to shift

Canada's biggest grocery store chain said renewed COVID-19 lockdowns this spring kept food sales strong despite signs that consumer behaviour may be shifting towards more familiar pre-pandemic patterns. Loblaw Companies Ltd.
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Annual rate of inflation hits 3.1% in June, down slightly from May high

Annual rate of inflation hits 3.1% in June, down slightly from May high

OTTAWA — The country's headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-high pace one month prior.
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Seth Rogen's cannabis company Houseplant and Canopy Growth announce partnership end

Seth Rogen's cannabis company Houseplant and Canopy Growth announce partnership end

Actor Seth Rogen's Houseplant cannabis company and Canopy Growth Corp. are breaking up.
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Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

Crescent Point raises 2021 production guidance as higher prices boost Q2 profits

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.
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A&W sees same-store sales and second-quarter profit surge as restaurants reopen

A&W sees same-store sales and second-quarter profit surge as restaurants reopen

VANCOUVER — A&W Revenue Royalties Income Fund says its same-store sales surged nearly 34 per cent in its latest quarter from the prior year when it faced the most pronounced impact from COVID-19.
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Cameco posts $37 million loss in second quarter on lower revenues

Cameco posts $37 million loss in second quarter on lower revenues

SASKATOON — Uranium miner Cameco Corp. recorded a smaller loss in its latest quarter despite a 32 per cent decrease in revenue amid the suspension of production.
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Inter Pipeline board recommends shareholders support revised Brookfield offer

Inter Pipeline board recommends shareholders support revised Brookfield offer

CALGARY — Inter Pipeline Ltd. says its board of directors is recommending shareholders accept a $16-billion takeover offer by Brookfield Infrastructure Partners LLP.
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Shopify Q2 profit soars as quarter revenues surpass US$1 billion for first time

Shopify Q2 profit soars as quarter revenues surpass US$1 billion for first time

Shopify Inc.'s revenue crossed the $1-billion mark for the first time in a single quarter and the volume of goods sold through its offerings reached a record level, as businesses started to reopen amid the COVID-19 pandemic.
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Iran's supreme leader criticizes US as nuclear talks stalled

Iran's supreme leader criticizes US as nuclear talks stalled

TEHRAN, Iran (AP) — Iran's supreme leader on Wednesday called the U.S. "stubborn" in stalled nuclear talks in Vienna for discussing Tehran’s missiles and regional influence, likely signaling more trouble ahead for the negotiations.
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