Business
New Brunswick seafood giant Cooke Inc. acquires Tassal Group of Australia for $1.5B
By The Canadian Press on November 21st, 2022
SAINT JOHN, N.B. – New Brunswick seafood giant Cooke Inc. says it has completed a C$1.5-billion acquisition of Australian seafood producer Tassal Group Ltd. The parent company of Cooke Aquaculture Inc. says the deal is the largest-ever purchase for the family-owned company since its launch in 1985. Cooke says it acquired all outstanding shares of ... Read More »
Be the first to comment!AltaGas chief executive Randy Crawford to retire next year
By The Canadian Press on November 21st, 2022
CALGARY – AltaGas Ltd. says chief executive Randy Crawford will retire in the first half of next year. The company says Crawford is expected to remain in his role until a successor is named. AltaGas says it is working with external advisers to evaluate internal and external candidates for the top job. The company owns ... Read More »
Be the first to comment!Smith Financial signs deal to buy Home Capital Group for $44 per share
By The Canadian Press on November 21st, 2022
TORONTO – Mortgage lender Home Capital Group Inc. has signed a deal to be acquired by Smith Financial Corp. that values the company at $1.7 billion. Under the agreement, Smith Financial will pay $44 in cash per share for the shares in Home Capital it does not already own. Home Capital shares closed at $27.05 ... Read More »
1 responseCanadian Press NewsAlert: Smith Financial signs deal to buy Home Capital Group
By The Canadian Press on November 21st, 2022
TORONTO – Home Capital Group Inc. has signed deal to be acquired by Smith Financial Corp. that values the company at $1.7 billion. More coming. Companies in this story: (TSX:HCG)... Read More »
1 responseToys will be ‘shining star’ of lacklustre holiday shopping season: experts
By Brett Bundale, The Canadian Press on November 20th, 2022
It’s the most resilient holiday spending category: Toys. But even toy stores are expected to feel the fallout from inflation during the biggest shopping season of the year. “Holiday spending is going to be muted,” retail analyst Bruce Winder said. “But toys are the last thing you cut back on if you have kids. You ... Read More »
5 responsesReality TV stars Todd and Julie Chrisley to be sentenced
By Kate Brumback, The Associated Press on November 20th, 2022
ATLANTA (AP) – Todd and Julie Chrisley were driven by greed as they engaged in an extensive bank fraud scheme and then hid their wealth from tax authorities while flaunting their lavish lifestyle, federal prosecutors said, arguing the reality television stars should receive lengthy prison sentences. The Chrisleys gained fame with their show “Chrisley Knows ... Read More »
4 responsesMusk restores Trump’s Twitter account after online poll
By Alex Veiga, The Associated Press on November 19th, 2022
LOS ANGELES (AP) – Elon Musk reinstated Donald Trump’s account on Twitter on Saturday, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory. Musk made the announcement in ... Read More »
3 responsesMusk to restore Trump to Twitter after holding online poll
By Alex Veiga, The Associated Press on November 19th, 2022
LOS ANGELES (AP) – Elon Musk said Saturday he will reinstate Donald Trump’s account on Twitter, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden’s election victory. Musk made the ... Read More »
3 responsesCollection of love letters written by Dylan sold for $670K
By The Associated Press on November 19th, 2022
BOSTON (AP) – A collection of touching and sometimes prescient personal letters written by a young Bob Dylan to a high school girlfriend has been sold at auction to a renowned Portuguese bookshop for nearly $670,000. The Livraria Lello in Porto, Portugal, which bills itself as “the World’s Most Beautiful Bookshop,” plans to keep the ... Read More »
3 responsesHere’s how Canada stacks up against other countries when it comes to high inflation
By Nojoud Al Mallees, The Canadian Press on November 19th, 2022
OTTAWA – Decades-high inflation has Canadians worried about the rising cost of living, but as gloomy as things may seem, Canada appears to be faring better than many other major economies. Its national inflation rate is still lower than that of the United States, the European Union and the United Kingdom – whose year-over-year inflation ... Read More »
4 responsesAsia-Pacific leaders condemn war, renew calls for open trade
By Krutika Pathi And Elaine Kurtenbach, The Associated Press on November 18th, 2022
BANGKOK (AP) – Leaders from around the Asia-Pacific called for an end to Russia’s war on Ukraine and pledged to steer the region’s economies toward sustainable growth as they wrapped up summit meetings Saturday. Host Thailand garnered a diplomatic coup in managing to bridge divisions among the 21 members of the Asia-Pacific Economic Cooperation forum ... Read More »
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