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Loblaw Companies buying Lifemark Health Group for $845 million in cash

Loblaw Companies buying Lifemark Health Group for $845 million in cash

BRAMPTON, Ont. — Loblaw Companies Ltd. announced a deal Monday to buy Lifemark Health Group for $845 million in cash.
Raskin nomination for Fed in peril as Democrat opposes pick

Raskin nomination for Fed in peril as Democrat opposes pick

WASHINGTON (AP) — Sen. Joe Manchin, a West Virginia Democrat, said Monday that he opposes the nomination of Sarah Bloom Raskin to a key position on the Federal Reserve's Board of Governors, endangering her prospects of winning Senate confirmation.
Lacavera says Globalive interested in buying Shaw's Freedom Mobile assets

Lacavera says Globalive interested in buying Shaw's Freedom Mobile assets

TORONTO — Anthony Lacavera says Globalive is interested in buying Shaw Communications Inc.'s Freedom Mobile wireless assets.
Strathcona Resources completes Tucker, Caltex acquisitions

Strathcona Resources completes Tucker, Caltex acquisitions

CALGARY — Strathcona Resources Ltd. has completed its acquisition of privately held oil company Caltex Resources Ltd. as well as the Tucker thermal oil property previously owned by Cenovus Energy Inc.
Rising fuel costs could mean pricier airfares as carriers confront another hurdle

Rising fuel costs could mean pricier airfares as carriers confront another hurdle

MONTREAL — Just when there was hope on the pandemic horizon, airlines now face a second headwind of skyrocketing oil prices — which could make airfares even more expensive.
Feds look to change cannabis drink regulations so Canadians can buy more at a time

Feds look to change cannabis drink regulations so Canadians can buy more at a time

TORONTO — The federal government is eyeing regulatory changes that could allow Canadians to purchase a greater number of cannabis beverages without exceeding public possession limits.
New media ventures continue to pop up in Canada — and they're helping fill gaps

New media ventures continue to pop up in Canada — and they're helping fill gaps

TORONTO — Anita Li is gearing up to launch her own media outlet in just a few weeks. The Green Line is an independent news venture that aims to engage the community through interactive journalism.
Ontario Teachers' Pension Plan earned 11.1 per cent return in 2021

Ontario Teachers' Pension Plan earned 11.1 per cent return in 2021

TORONTO — The Ontario Teachers' Pension Plan earned a total-fund net return of 11.1 per cent last year as its net assets grew to $241.6 billion. The pension fund manager says the result topped its benchmark which came in at 8.
Rio Tinto makes offer to take Turquoise Hill Resources private

Rio Tinto makes offer to take Turquoise Hill Resources private

MONTREAL — Rio Tinto International Holdings Ltd. made an offer Monday to buy the 49 per cent stake in Turquoise Hill Resources Ltd. it does not already own and to take it private. The proposal values the minority stake in company at about $3.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Ukraine The Russian invasion of Ukraine is expected to continue to dominate headlines this week.