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Tilray Inc.'s share price surged 25 per cent Wednesday as investors rewarded the the cannabis company for a strong outlook and fundamentals.

Canada's biggest grocery store chain said renewed COVID-19 lockdowns this spring kept food sales strong despite signs that consumer behaviour may be shifting towards more familiar pre-pandemic patterns. Loblaw Companies Ltd.

OTTAWA — The country's headline inflation barometer registered a year-over-year increase of 3.1 per cent last month as the pace of price growth slowed in June compared with the decade-high pace one month prior.

Actor Seth Rogen's Houseplant cannabis company and Canopy Growth Corp. are breaking up.

CALGARY — Crescent Point Energy Corp. expects to generate "significant" excess cash flow this year as energy prices surge, chief executive Craig Bryksa said Wednesday.

VANCOUVER — A&W Revenue Royalties Income Fund says its same-store sales surged nearly 34 per cent in its latest quarter from the prior year when it faced the most pronounced impact from COVID-19.

SASKATOON — Uranium miner Cameco Corp. recorded a smaller loss in its latest quarter despite a 32 per cent decrease in revenue amid the suspension of production.

CALGARY — Inter Pipeline Ltd. says its board of directors is recommending shareholders accept a $16-billion takeover offer by Brookfield Infrastructure Partners LLP.

Shopify Inc.'s revenue crossed the $1-billion mark for the first time in a single quarter and the volume of goods sold through its offerings reached a record level, as businesses started to reopen amid the COVID-19 pandemic.

TEHRAN, Iran (AP) — Iran's supreme leader on Wednesday called the U.S. "stubborn" in stalled nuclear talks in Vienna for discussing Tehran’s missiles and regional influence, likely signaling more trouble ahead for the negotiations.