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FDA won't approve psychedelic MDMA for PTSD, calling for additional study

FDA won't approve psychedelic MDMA for PTSD, calling for additional study

WASHINGTON (AP) — Federal health regulators on Friday declined to approve the psychedelic drug MDMA as a therapy for PTSD, a major setback for groups seeking a breakthrough decision in favor of using mind-altering substances to treat serious mental h
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S&P/TSX composite up Friday, U.S. stock markets also rise to end volatile week

S&P/TSX composite up Friday, U.S. stock markets also rise to end volatile week

TORONTO — Canada's main stock index moved higher Friday, helped by gains in base metal stocks, while U.S. stock markets also rose moderately, marking the end of a volatile trading week. The S&P/TSX composite index closed up 85.
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Cineplex CEO sees 'pivotal change' after Hollywood strikes trigger a Q2 loss

Cineplex CEO sees 'pivotal change' after Hollywood strikes trigger a Q2 loss

TORONTO — Cineplex Inc. continued to feel the impacts of twin Hollywood strikes in its second quarter, but the end of the period marked a turning point.
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Wall Street is ending a wild week nearly where it began. More tests loom next week

Wall Street is ending a wild week nearly where it began. More tests loom next week

NEW YORK (AP) — Stocks are closing a wild, whipsaw week for Wall Street with modest gains. The S&P 500 rose 0.5% Friday, coming off its best day since 2022, trimming its loss for the week down to 0.1%. The Dow Jones Industrial Average rose 0.
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RioCan in no rush to build even as interest rates drop, CEO says

RioCan in no rush to build even as interest rates drop, CEO says

TORONTO — It will take more than just interest rates dipping lower for RioCan Real Estate Investment Trust to start new major developments, said chief executive Jonathan Gitlin.
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AtkinsRéalis revs up nuclear business to seize on energy transition

AtkinsRéalis revs up nuclear business to seize on energy transition

MONTREAL — AtkinsRéalis Group Inc.'s nuclear business drove big growth in profits and backlog last quarter, as the engineering firm continued to capitalize on the global energy transition.
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Tragically Hip documentary series set for world premiere at Toronto film festival

Tragically Hip documentary series set for world premiere at Toronto film festival

TORONTO — A four-part docuseries on The Tragically Hip and film shorts from Oscar-winner Torill Kove and actor Connor Jessup are among the homegrown additions to the Toronto International Film Festival.
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Canopy Growth reports $127.1M Q1 loss, revenue down from year ago

Canopy Growth reports $127.1M Q1 loss, revenue down from year ago

SMITHS FALLS, Ont. — Canopy Growth Corp. posted a larger loss in its latest quarter compared with a year ago as its revenue declined. The cannabis producer says its loss attributable to the company amounted to $127.1 million or $1.
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Students, recent immigrants hit hard by weakening job market, StatCan data suggests

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

OTTAWA — Students are facing a particularly challenging summer job market while recent immigrants are disproportionately affected by weakening labour market conditions in the country, Statistics Canada’s latest employment figures show.
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Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.
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