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National Business
National Business
Vancouver, Niagara Falls, Quebec City to lead domestic travel in 2022, says CBRE
A real estate report says Vancouver, Niagara Falls and Quebec City will continue to outperform other markets next year after benefiting during the pandemic from Canadians travelling within the country due to COVID-19 restrictions on foreign travel.
Oct 26, 2021 1:43 PM
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George Weston signs deal to sell fresh and frozen bakery business for $1.2B
TORONTO — George Weston Ltd. has signed a deal to sell its Weston Foods fresh and frozen bakery businesses to FGF Brands Inc. for $1.2 billion.
Oct 26, 2021 11:04 AM
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150 people arrested in US-Europe darknet drug probe
WASHINGTON (AP) — Law enforcement officials in the U.S. and Europe have arrested 150 people and seized more than $31 million in an international drug trafficking investigation stemming from sales on the darknet, the Justice Department said Tuesday.
Oct 26, 2021 10:42 AM
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How to find ESG investments that align with your social views
TORONTO — The heightened public awareness of social issues brought about by the COVID-19 pandemic and high profile movements such as Black Lives Matter and #MeToo has begun to affect the way younger investors think about how they spend their money, e
Oct 26, 2021 10:00 AM
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West Fraser to buy OSB mill in South Carolina from Georgia Pacific for US$280M
VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to buy Georgia Pacific's oriented strand board mill near Allendale, S.C., for US$280 million.
Oct 26, 2021 7:35 AM
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Samsung's Lee fined over illegally using propofol
SEOUL, South Korea (AP) — Samsung’s de facto chief Lee Jae-yong was fined 70 million won (about $60,000) on Tuesday for illegally using the anesthetic drug propofol, about two months after he was released on parole over a separate corruption case.
Oct 26, 2021 6:59 AM
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Dual-class share structures in spotlight with Rogers crisis
CALGARY — A type of corporate equity structure used by several of Canada’s most prominent companies is once again under fire from critics in light of the current chaos at Rogers Communications Inc.
Oct 26, 2021 6:03 AM
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Dual-class share structures in spotlight with Rogers crisis
TORONTO — Critics of dual-class share structures say the fight for control of Rogers Communications Inc. is proof that the model is badly flawed. A dual-class share structure is one where companies issue different classes of common shares.
Oct 26, 2021 5:00 AM
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A&W reaches agreement to launch trial of Pret A Manger chain in Canada
VANCOUVER — A&W Revenue Royalties Income Fund says it has reached an agreement in principle with the U.K.-based Pret A Manger chain to bring the sandwich and coffee chain to Canada.
Oct 25, 2021 6:42 PM
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Alberta legislature resumes: Government focuses on economy, Opposition on COVID-19
EDMONTON — The first day of the Alberta legislature's fall sitting signalled the government's intention to focus on the economy and the Opposition determined to hold the United Conservatives to account for mismanaging COVID-19.
Oct 25, 2021 6:28 PM
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