Aurora Cannabis Inc. says its board has approved a plan to consolidate all of its outstanding common shares on a 1-for-12 basis. The Edmonton-based cannabis company says the move will keep Aurora in compliance with the New York Stock Exchange’s standards and will provide access to investors, equity capital and trading liquidity. The consolidation plan…

When the time comes to lift the COVID-19 restrictions, how should it be done? Is it possible to return to business as usual, and should that even be the goal? “How can we go forward, rather than just revving everything back up? Let’s see what we can learn,” said Cheryl Camillo, assistant professor in the…

[unable to retrieve full-text content] Our weekend business panel discusses the record-breaking unemployment numbers released by Statistics Canada this week and the impact the coronavirus pandemic has had on the global economy. Source link…

Amanda Merle had just quit her job in January, so when the pandemic hit and the job market dried up, she was relieved to see her bank was offering some relief by allowing her and her husband to defer the mortgage payments on their Toronto home. “It gave me some hope,” said Merle. “I thought,…

Canada and the G20 countries agree on the need for oil price stability, but in a Friday meeting Canada did not promise any specific production cuts, Natural Resources Minister Seamus O’Regan said. The minister also said the federal government would deliver an aid package to provide liquidity to the country’s struggling oil and gas sector…

Apple and Google launched a major joint effort to leverage smartphone technology to contain the COVID-19 pandemic. New software the companies plan to add to phones would make it easier to use Bluetooth wireless technology to track down people for who may have been infected by coronavirus carriers. The idea is to help national governments…