Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact the desk at business@thecanadianpress.com or 416-507-2138.
———
COVERING:
Christopher Reynolds will have an update to the Cascades story.
———
TOP STORIES:
Omicron raises uncertainty in company forecasts
Cascades-Outlook
The extremely transmissible Omicron variant has prompted companies in the manufacturing and resource sectors to downgrade their earnings forecasts amid the ongoing uncertainty. By Christopher Reynolds. Words: 516, Photos: 1
–
Calgary's office towers a little less empty
Calgary-Downtown-Office
Calgary, Alberta, Canada -- Calgary's downtown office vacancy rate has declined for the first time since the start of the COVID-19 pandemic, according to commercial real estate firm Avison Young. By Amanda Stephenson. Words: 481, Photos: 1
–
Broad gains lift S&P/TSX composite to start week
Dollar-Markets
Toronto, , -- Broad gains helped Canada's main stock index rise close to 200 points in late-morning trading, while U.S. stock markets were also up. Words: 153, Photos: 1
–
BlackBerry sells legacy patents for US$600M
BlackBerry-Patent-Sale
BlackBerry Ltd. says it has agreed to sell its non-core patents to Catapult IP Innovations Inc. for US$600 million. Words: 175, Photos: 1
–
Shopify CEO Tobi Lütke to join Coinbase board
Shopify-CEO-Coinbase
Cryptocurrency exchange Coinbase Global Inc. says Shopify CEO Tobi Lütke will join its board of directors. Words: 143
———
CP BUSINESS
The Canadian Press
