National Business

TORONTO — Ontario's legal cannabis industry is gaining ground in its fight against the illicit market, but the progress likely won't last long because of COVID-19 lockdowns.

HALIFAX — Pandemic-related costs continue to hammer Nova Scotia's finances with the province now forecasting a $778.8-million deficit for the 2020-21 fiscal year.

OTTAWA — Lactalis Canada Inc. has signed a deal with Agropur Cooperative to buy its Canadian yogurt business, Ultima Foods Inc. Financial terms of the deal were not disclosed.

TORONTO — More Coca-Cola beverages will soon be rolling off assembly lines in Quebec and Ontario as one of the company's independent bottlers moves more of its production work to Canada. Coca-Cola Canada Bottling Ltd.

NEW YORK — Interscope Geffen A&M — the home to Billie Eilish, Kendrick Lamar and Lady Gaga — has been named the No. 1 record label of the year by Billboard.

NEW YORK — Bark, which ships pet toys and treats every month, is heading to Wall Street, taking advantage of the pandemic-related boom in online pet spending.

Two of the owners of the company that makes OxyContin acknowledged to a congressional committee on Thursday that the powerful prescription painkiller has played a role in the national opioid crisis but stopped short of apologizing or admitting wrongd

LAVAL, Que. — Roche Diagnostics says it is creating a software development hub for genomic data in Quebec's third-largest city. The hub will be housed at Roche's Canadian head office in Laval, north of Montreal.

Robinhood Financial agreed to pay $65 million to settle government charges that it failed to disclose the full details of its dealings with high-speed traders and didn't get the best prices for customers trading on its app, the Securities and Exchang

LONDON — The British government on Thursday extended its salary support program by another month through to the end of April as it tries to keep a lid on unemployment as coronavirus restrictions slam businesses.