National Business

TORONTO — A former director of quality and compliance at CannTrust Holdings Inc. says the growth of cannabis in unlicensed rooms was "very openly discussed" at the pot company. “There was no hiding this.

TORONTO — Canada's main stock index closed down almost 1.2 per cent Monday as oil prices dropped while U.S. markets were down even more as signs of heightened business activity renewed fears about the interest rate hike path ahead.

Here’s a collection curated by The Associated Press’ entertainment journalists of what’s arriving on TV, streaming services and music and video game platforms this week.

NEW YORK — Stocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8% Monday.

MONTREAL — The Quebec Professional Association of Real Estate Brokers says November home sales in Montreal dropped to a level not seen since 2014 as rising interest rates lowered activity and drove up inventory.

FRANKFURT, Germany (AP) — Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit

VANCOUVER — British Columbia's property assessment agency is warning homeowners that figures released next month estimating the value of their home will likely be higher than the current market price.

WASHINGTON — Prime Minister Justin Trudeau says Canada is "watching closely" as Europe presses for changes to the U.S. Inflation Reduction Act.

CALGARY — WestJet marks its first non-stop flights to Asia from Calgary as it announced a new route to Japan. The Calgary-based airline said Monday that it will fly to Tokyo's Narita International Airport from Calgary this spring.

CALGARY — Al Monaco may be the outgoing CEO of Canada's largest energy company, but don't ask him to predict the price of oil a decade from now — or even next year.