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20:45 Sears closures in Saint John, Bathurst mark end of retailing landmarks, cities say

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21:42 Amazon's Whole Foods deal another tech company 'swallowing ever greater portions of our economy'

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09:01 The story behind an alleged fraud worth millions in Nova Scotia's lobster industry

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15:03 Ford replaces CEO Mark Fields in push to transform business

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Business

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  • Nenshi wants public to question secondary suites in election

    August 11, 2017 1:02 PM 3 1

    As part of the new city charters announced by the Notley government, Calgary has been given the power to give a person or third party the authority to deal with secondary suites. Calgary Mayor Naheed Nenshi says it’s something they could have already done. “Council did not need this regulation to fix this problem, we had the power to fix it before what we lack is the political

  • Lego taps new CEO Niels Christiansen to start in October

    August 10, 2017 8:13 PM 17

    Niels Christiansen replaces Bali Padda, who took over as interim CEO in January. COPENHAGEN—Danish toy company Lego has appointed Niels Christiansen, who headed thermostat-maker Danfoss for nine years, as its chief executive. Christiansen replaces Bali Padda, who took over as interim CEO in January. Padda will hold a “special advisory” role within the group

  • Quebecor wireless licence sales to Shaw boost profit to $132M

    August 10, 2017 5:55 PM 11

    The telecommunication and media company saw an $87.8-million gain from the sale outside its home province of Quebec. MONTREAL—Quebecor Inc. says an $87.8-million gain from the sale of wireless licences outside its home province helped boost the telecommunication and media company’s second-quarter profit to $132.4 million in the second quarter. Net income

  • Netflix hikes prices in Canada

    August 10, 2017 1:27 PM 16

    Watching your favourite shows on Netflix Canada just got a little more expensive. The popular video streaming service is hiking prices for new members effective immediately. It will do the same for existing users after notifying them by email in the coming weeks. Netflix’s standard plan will now cost a dollar more — or $10.99 a month — to watch content

  • Netflix Canada hikes prices as competition ramp up, expenses rise

    August 10, 2017 1:20 PM 22

    TORONTO -- Watching Netflix just got a little more expensive for Canadians. The popular video streaming service says it's hiking prices for new members effective immediately -- and will do the same for existing users in the coming weeks. Netflix's standard plan will now cost a dollar more -- or $10.99 a month -- to watch content on two screens at a time. The basic

  • Fildebrandt renting out government-subsidized apartment

    August 10, 2017 2:32 AM 17

    A United Conservative Party MLA says there’s nothing wrong with him subletting his downtown Edmonton apartment while claiming thousands of dollars in rent from the public purse. Derek Fildebrandt, MLA for Strathmore-Brooks, advertises his downtown bachelor suite for rent online as “newly renovated, modernly furnished and very well-kept.” “It has a sweeping

  • Disney reports US$177M payment after 'pink slime' suit settled

    August 9, 2017 9:48 PM 21

    SIOUX FALLS, S.D. -- Disney has reported spending US$177 million on a legal settlement during the quarter that its subsidiary ABC and a South Dakota meat producer announced a settlement in a high-profile defamation lawsuit. Disney's filing this week with the U.S. Securities and Exchange Commission doesn't give other details. Disney didn't immediately

  • Dry weather doesn't threaten natural gas meters: SaskEnergy

    August 9, 2017 9:25 PM 17

    The extremely dry weather conditions in southern Saskatchewan don't pose a risk to natural gas meters, according to SaskEnergy. An unprecedented dry summer has caused the ground to shift and that has wreaked havoc upon SaskPower meters, causing damage and, in some cases, flames. About a dozen people have called the Crown utility each day to inquire about

  • TSX lower in late-morning trading, loonie moves down

    August 9, 2017 6:08 AM 13

    TORONTO - Weakness in the financial sector as well as health care and technology stocks pulled the main index on the Toronto Stock Exchange into the red. The S&P/TSX composite index was down 28.60 points to 15,227.75 after 90 minutes of trading. In New York, the Dow Jones industrial average fell 52.59 points to 22,032.75, the S&P 500 index declined 4.88 points

  • Valeant cuts quarterly loss amid debt-reduction efforts

    August 8, 2017 5:19 PM 15

    Quebec-based drugmaker’s revenue also declined year-over-year, to $2.23 billion from $2.42 billion. LAVAL, QUE.—Valeant Pharmaceuticals International says its second-quarter loss was reduced dramatically to $38 million (U.S.) as the company progressed on its debt-reduction and divestment programs. The loss amounted to 11 cents per share under general