National Business

Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close a former Hershey chocolate plant it tookover and consolidate some of its cultivation operations. The Smiths Falls, Ont.

NEW YORK (AP) — Stocks closed lower following another mixed batch of profit reports from companies, as rising yields in the bond market raise the pressure on Wall Street. The S&P 500 fell 0.

WASHINGTON — Construction industry advocates, business leaders and suppliers in Canada are taking a cautious, almost sanguine approach to U.S.

CALGARY — Precision Drilling Corp. saw its fourth-quarter revenue increase by 73 per cent year-over-year, as North American oil and gas drilling activity continues to pick up.

VANCOUVER — Telus Corp.

CALGARY — Canadian Pacific Railway Ltd. says it has reached a tentative agreement with the union representing about 550 administrative support and intermodal employees in Canada.

MONTREAL — Bombardier’s top priorities include paying down debt, growing its services business and reducing emissions, said CEO Eric Martel after the company reported fourth-quarter profits of US$241 million, up from US$238 million in the same quarte

TORONTO — The Canada Pension Plan Investment Board says it earned a net return of 1.9 per cent for its third quarter.

PALM COAST, Fla. (AP) — Crime might not pay, but authorities say a criminal tried to. Authorities arrested a Florida man who they said broke into a convenience store and took a few items, although he left his debit card behind.

WINNIPEG — Great-West Lifeco Inc. says earnings rose in the fourth quarter compared with a year earlier as its diversified portfolio performed well despite challenging market conditions.