Operations
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Lululemon revenue up as direct sales climb, results beat expectations
The company’s plans for future growth in China, with e-commerce in the region growing more than 60% in the quarter
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Canadians spent $908M at cannabis stores since legalization, StatCan says
Access to cannabis stores increased over the year as the number of retail stores jumped to 407 in July from 217 in March
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Alberta premier opens war room to promote ‘truth’ about energy industry
Kenney officially opened the new $30-million Canadian Energy Centre on Tuesday in Calgary
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Canadian auto employment up 1% as of third quarter: analyst
Motor vehicle wholesale industry employment was up 5.2%
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Chevron looking to sell its 50% stake in its Kitimat LNG project
The decision is part of the company’s global effort focused on improving returns and driving value
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Canada Royal Milk manufacturing plant on target to start operations in 2020
The $208.8 million project, constructed by Graham Group Ltd., is Canada’s first and only wet infant formula facility
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Pipeline company Enbridge to raise dividend by nearly 10%
In its outlook for 2020, Enbridge says it expects earnings before interest, taxes, depreciation and amortization of about $13.7 billion
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GM lending US$40M to startup company buying closed Ohio plant
Lordstown Motors Corp. announced a month ago that it had bought the once-bustling factory near Youngstown; It wants to begin making electric trucks by late 2020
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Cleantech firm BIOREM tallies new orders worth $5.7M
The Guelph, Ont. company manufactures high-efficiency air emissions control systems
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Cenovus says capital spending to edge higher in 2020, production to rise
In its outlook for 2020, Cenovus expects total production in 2020 to increase 7% compared with its guidance for 2019
