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George Weston signs deal to sell fresh and frozen bakery business for $1.2B

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.
150 people arrested in US-Europe darknet drug probe

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.
How to find ESG investments that align with your social views

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

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.
Samsung's Lee fined over illegally using propofol

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.
Dual-class share structures in spotlight with Rogers crisis

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.
Dual-class share structures in spotlight with Rogers crisis

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.
A&W reaches agreement to launch trial of Pret A Manger chain in Canada

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.
Alberta legislature resumes: Government focuses on economy, Opposition on COVID-19

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.
Facebook profits rise amid revelations from leaked documents

Facebook profits rise amid revelations from leaked documents

LONDON — Amid fallout from the Facebook Papers documents supporting claims that the social network has valued financial success over user safety, Facebook on Monday reported higher profit for the latest quarter.