National Business

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.

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.

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.

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.

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.

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.

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.

TORONTO — As two groups battled for control of Rogers Communications Inc. and one side promised forthcoming legal action, the telecommunications company plunged deeper into uncertainty Monday.

Rogers Communications Inc., as well as members of the Rogers family and their associates, have been in the news amid a struggle for board control.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,284.84, up 68.69 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 87 cents, or 3.08 per cent, to $29.12 on 8.8 million shares.