National Business

Great-West Lifeco Inc. will shell out more than US$800 million to buy U.S. investment manager Personal Capital — and its chief executive hinted the company is prepared to dip into its coffers again if other promising deals come along.

MONTREAL — Frank and Oak is the latest clothier retailer to seek creditor protection as it faces challenges dealing with the COVID-19 pandemic Parent company Modasuite Inc.

TORONTO — Porter Airlines is extending the suspension of all its flights until the end of August. The airline had previously planned to resume flying on July 29.

LONDON — The Rolling Stones are threatening President Donald Trump with legal action for using their songs at his rallies despite cease-and-desist directives.

EDMONTON — Aurora Cannabis Inc. says co-founder Terry Booth has retired from the company's board of directors. Booth stepped down as chief executive in February, but had remained a member of the board of the cannabis company.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Cineplex earnings Cineplex Inc. is set to release its first-quarter financial results on Monday.

CALGARY — For veteran geologist Roger Moss, this year's runup in gold prices to seven-year highs over US$1,750 per ounce could not have come at a better time. The president and CEO — and only full-time employee — of two-year-old Labrador Gold Corp.

WINDSOR, Ont.

SASKATOON — Cameco Corp. says the Federal Court of Appeal has upheld a 2018 decision of the Tax Court of Canada that was in the company's favour.

NEW YORK — Hollywood's hopes for salvaging its summer season have effectively ended after the releases of both Christopher Nolan's “Tenet” and the Walt Disney Co.'s live-action reboot of “Mulan” were again delayed.