National Business

For young Canadians hoping to take a trip on a budget, there's a new challenge on the horizon beyond finding a way to fit all of one’s necessities into a backpack: the lingering effects of high inflation.

SMITHS FALLS, Ont. — Cannabis company Canopy Growth Corp. has signed a deal with Indiva Ltd. for the exclusive rights and interests to manufacture, distribute and sell Wana branded edible products in Canada.

When wildfires hit Alberta earlier this month, leaving more than 10,000 square kilometres of land scorched so far this year, João Lopes was worried about how much more devastation could be on its way.

WHITEHORSE — The Yukon government says it's working to provide financial support and other help to residents and businesses hurt by ongoing flooding in the Klondike Valley.

TORONTO — Bell Canada president and CEO Mirko Bibic warned Monday that increased regulation in Canada's telecommunications industry could prompt companies to scale back investment and make cuts to service for underserved communities.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,967.95, up 47.64): Manulife Financial Corp. (TSX:MFC). Finance. Up 13 cents, or 0.51 per cent, to $25.66 on 3.7 million shares.

TORONTO — Canada's main stock index ticked upwards Monday, with broad-based gains led by battery metals and energy stock as U.S. markets were closed for a long weekend south of the border. The S&P/TSX composite index closed up 47.

TORONTO — Last year marked the first time that more than half of investors in newly-completed Greater Toronto Area condos were losing money on their rental properties, and authors of the report that reached that conclusion expect the trend to persist

CALGARY — Crescent Point Energy Corp. said Monday it has resumed production at its operations that were shut in due to the Alberta wildfires.

MADRID (AP) — Spanish Prime Minister Pedro Sánchez on Monday called an early general election for July 23 in a surprise move after his Socialist party took a serious battering in local and regional elections .