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Aurora Cannabis laying off 214 workers, chief science officer to retire

Aurora Cannabis says it is laying off 214 workers and its chief science officer is retiring, the latest of a series of cuts to hit the Edmonton-based cannabis company.
Biden taps Buttigieg for transportation, Granholm for energy

Biden taps Buttigieg for transportation, Granholm for energy

WASHINGTON — President-elect Joe Biden nominated his former rival Pete Buttigieg as secretary of transportation on Tuesday and intends to choose former Michigan Gov. Jennifer Granholm as his energy secretary.
Lilly lays out 2021 expectations, gene therapy acquisition

Lilly lays out 2021 expectations, gene therapy acquisition

Shares of Eli Lilly climbed Tuesday after the drugmaker laid out a better-than-expected revenue forecast and plans to buy a young company developing a potential Parkinson’s disease treatment.
Squish CEO Sarah Segal takes over from father as head of DavidsTea

Squish CEO Sarah Segal takes over from father as head of DavidsTea

MONTREAL — The CEO of candy retailer Squish is taking over from her father as head of insolvent tea company DavidsTea.
Home prices to rise more than 9% in 2021, Canadian Real Estate Association forecasts

Home prices to rise more than 9% in 2021, Canadian Real Estate Association forecasts

The Canadian Real Estate Association expects the national average home price will rise 9.1 per cent to $620,400 in 2021, in one of the most optimistic forecasts yet for the real estate sector.
CRA allowing employees to claim up to $400 work from home tax deduction during COVID

CRA allowing employees to claim up to $400 work from home tax deduction during COVID

OTTAWA — The Canada Revenue Agency says it is introducing a simplified process to claim up to $400 in office expenses for Canadians working from home during the COVID-19 pandemic.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,506.48, up 119.08 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 20 cents, or 0.87 per cent, to $22.88 on 8.7 million shares.
Canada must fight to retain talent after Biden enters White House, Macklem says

Canada must fight to retain talent after Biden enters White House, Macklem says

OTTAWA — Canada's top central bank warned Tuesday that this country will face a fight to retain and attract top talent when the White House gets a new occupant next month. Protectionist policies and attitudes stemming from U.S.
North American stock markets rally as U.S. stimulus hopes push materials higher

North American stock markets rally as U.S. stimulus hopes push materials higher

TORONTO — North American stock markets enjoyed a broad-based rally Tuesday as improving U.S. stimulus hopes helped to increase gold prices and the materials sector. "Fiscal negotiations in the U.S.
Husky, Cenovus shareholders vote in favour of combined company, clearing major hurdle

Husky, Cenovus shareholders vote in favour of combined company, clearing major hurdle

CALGARY — Shareholders of two rival energy companies voted in favour of joining forces on Tuesday, clearing the way for Cenovus Energy Inc.'s multi-billion dollar takeover of Husky Energy Inc.