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National Business
National Business
Statistics Canada says manufacturing and wholesale sales rose in November
OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in November, helped by higher sales in the chemical subsector as well as gains in primary metal and machinery groups. Sales of chemical products rose 6.
Jan 15, 2024 9:17 AM
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AGF buying majority stake in alternative investment firm Kensington Capital
TORONTO — AGF Management Ltd. has signed a deal to buy a 51 per cent stake in alternative investment firm Kensington Capital Partners Ltd. for $45 million.
Jan 15, 2024 8:52 AM
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Thomson Reuters raises offer for Pagero Group, acquires majority stake
TORONTO — Thomson Reuters Corp. has raised its offer for Swedish company Pagero Group. Under its revised proposal, the company is offering 50 Swedish kronor in cash per Pagero share in a bid that values the e-invoicing firm at about 8.
Jan 15, 2024 8:08 AM
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Persistence Capital Partners signs deal to take Neighbourly Pharmacy private
TORONTO — Private equity firm Persistence Capital Partners has signed a definitive agreement to buy the stake in Neighbourly Pharmacy Inc. that it does not already own and take the company private.
Jan 15, 2024 8:07 AM
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Bernardo Arévalo sworn in as Guatemala's president despite months of efforts to derail inauguration
GUATEMALA CITY (AP) — Bernardo Arévalo was sworn in as Guatemala’s president on Monday minutes after midnight despite months of efforts to derail his inauguration, including foot-dragging and rising tensions right up until the transfer of power.
Jan 15, 2024 3:47 AM
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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: Housing figures A pair of reports this week will offer a look at how the housing market finished 2023.
Jan 14, 2024 10:00 AM
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Economists expect December inflation ticked up, trend still points to slowdown
OTTAWA — Economists are forecasting Canada's inflation rate likely ticked up last month, but that isn't expected to set off alarm bells as long as underlying price pressures ease.
Jan 14, 2024 8:00 AM
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Halal food industry growing to meet demand as Muslim population continues rising
Eleven years ago, the recipe for the McCain Deep’n Delicious cake — a decades-old Canadian classic — changed. To many Canadians, the removal of beef gelatin from the cake’s components may have gone unnoticed.
Jan 14, 2024 8:00 AM
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Nova Scotia Power gives details of application to pass on Fiona damage to customers
HALIFAX — Nova Scotia Power is detailing how it wants to recover costs incurred due to massive damage from post-tropical storm Fiona, arguing it needs to receive almost $25 million from ratepayers over five years.
Jan 13, 2024 1:17 PM
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The ruling-party candidate strongly opposed by China wins Taiwan's presidential election
TAIPEI, Taiwan (AP) — Ruling-party candidate Lai Ching-te emerged victorious in Taiwan’s presidential election on Saturday and his opponents conceded, a result that will determine the trajectory of the self-ruled democracy’s relations with China over
Jan 13, 2024 11:02 AM
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