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DavidsTea takes step toward exiting insolvency after Quebec court approves plan

DavidsTea takes step toward exiting insolvency after Quebec court approves plan

MONTREAL — DavidsTea Inc. has taken a step toward exiting insolvency after the Quebec Superior Court approved its plan to pay creditors $18 million. The company said the U.S.
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US home construction up a moderate 3.6% in May

WASHINGTON (AP) — U.S. home construction rose 3.6% in May as builders battled a surge in lumber prices that have made homes more expensive The May increase left construction at a seasonally adjusted annual rate of 1.
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Here's a list of May inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 3.6 per cent in May, Statistics Canada says.
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Here's a list May inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 3.6 per cent in May, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 4.4 per cent (4.3) — Prince Edward Island: 6.
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Wholesale sales rise 0.4 per cent in April, Statistics Canada reports

Wholesale sales rise 0.4 per cent in April, Statistics Canada reports

OTTAWA — Statistics Canada says wholesale sales rose 0.4 per cent in April to $71.5 billion as sales of building materials and supplies rose to a new record. The agency says sales of building material and supplies were up 8.7 per cent at $13.
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NorthWest Healthcare Properties REIT raises offer for Australian trust

NorthWest Healthcare Properties REIT raises offer for Australian trust

TORONTO — NorthWest Healthcare Properties Real Estate Investment Trust is raising its hostile takeover offer for Australian Unity Healthcare Property Trust. In what it is calling its best and final offer, the Toronto-based trust says it will pay A$2.
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France ditches masks outdoors; will end nightly virus curfew

France ditches masks outdoors; will end nightly virus curfew

PARIS (AP) — France is lifting mandatory mask-wearing outdoors and will halt an eight-month nightly coronavirus curfew on June 20.
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Labour shortages, closed borders major obstacles to B.C. restaurant, tourism restarts

Labour shortages, closed borders major obstacles to B.C. restaurant, tourism restarts

VICTORIA — Progressive easing of pandemic health restrictions in British Columbia are welcome steps to bring back normal life, but tourism and restaurant sector representatives say operators face daunting COVID-19 related barriers of worker shortages
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Federal judge blocks Biden's pause on new oil, gas leases

Federal judge blocks Biden's pause on new oil, gas leases

NEW ORLEANS (AP) — The Biden administration’s suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana, who ordered that plans continue for lease sales that were delayed for the Gulf of Mexico
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DavidsTea starts fiscal year by swinging to small profit despite lower sales

DavidsTea starts fiscal year by swinging to small profit despite lower sales

MONTREAL — DavidsTea started its fiscal year by swinging to a small profit despite seeing sales plunge 28 per cent. The beverage company says it earned $3.2 million or 12 cents per diluted share for the three months ended May 1.
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