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  • Baytex Energy and Raging River Exploration sign $2.8 billion merger deal

    June 18, 2018 6:16 PM 11

    Baytex Energy Corp. and Raging River Exploration Inc. have signed a $2.8-billion deal to merge in a bid to boost the companies’ East Duvernay Shale operations in Alberta. The combined company, which will operate under the Baytex name, is expected to have production of approximately 94,000 barrels of oil equivalent per day from a diverse portfolio of oil assets

  • Aurora-based Magna strikes deal with China’s largest electric vehicle maker

    June 18, 2018 6:04 PM 11

    China surpassed the U.S. in 2015 as the largest market for EVs, helped by government subsidies and stringent emissions rules. A local facility in China helps Magna enter the fast-growing market while potentially helping it to lessen the impact of any increases in export costs resulting from the intensifying trade spat between the U.S. and China. Owned

  • Advertising giant Procter & Gamble wants female directors on half of product commercials

    June 18, 2018 5:38 PM 9

    The world’s biggest advertiser wants female directors for at least half of its product commercials by 2023, up from about one in 10 today. It’s a direct challenge to the male-dominated agency world, from a client that spent more than $7 billion (U.S.) on advertising last year. “Equality drives growth,” said Marc Pritchard, the company’s chief brand officer

  • Theatregoers with epilepsy warned of seizure risk from bright lights in Incredibles 2

    June 18, 2018 2:31 PM 26

    Blockbuster animated movie has come with warning for people with photo sensitivities Disney is warning theatregoers with epilepsy not to watch its latest summer blockbuster because several scenes in the movie can trigger seizures because of repeating bright flashing lights. The animated movie Incredibles 2 opened last weekend at No. 1, grossing more than $180 million

  • Moving this summer? Don’t overlook these costs

    June 18, 2018 12:05 AM 14

    When I moved across the country a few years ago, I used a Google sheet to track exactly who I needed to pay, and by when. So, when moving day happened, and I was signing closing documents with my right hand, balancing moving boxes on my left hip, and consulting with my lawyer on speakerphone, I didn’t miss any important financial details about my real estate

  • Who’s that selling steaks off a truck? It’s Amazon

    June 15, 2018 5:00 PM 16

    NEW YORK—Donna Brunswick drove to a Costco last month to pick up some raw flank steak — not at the wholesale club, but from a truck in the parking lot. “Typically you wouldn’t buy meat off a random truck,” says Brunswick, a technical manager in Atlanta. But she says $20 for the slab of beef was a good deal. And she liked the filet mignon she bought from it in December

  • McDonald’s to switch to paper straws in U.K., Ireland

    June 15, 2018 2:01 PM 10

    NEW YORK—McDonald’s said Friday it will switch to paper straws at all its locations in the United Kingdom and Ireland, and test an alternative to plastic ones in some of its U.S. restaurants later this year. The burger chain and other fast-food companies are facing increasing pressure from customers and environmental activists to stop using plastic straws

  • Japan blocks Canadian wheat after unapproved GMO plants found in Alberta

    June 15, 2018 2:01 PM 46

    CFIA says small amount of wheat with genetically modified trait found last summer A Japanese Farm Ministry official said on Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Alberta. The Canadian Food Inspection Agency (CFIA) said Thursday the wheat containing

  • Canada Goose shares up after better-than-expects results, plans three new stores

    June 15, 2018 12:44 PM 29

    Luxury parka maker reports fourth-quarter profit of $8.1 million or seven cents per share Shares of Canada Goose Holdings Inc. soared nearly 20 per cent in early trading after it reported stronger-than-expected earnings and announced plans for three new stores in North America. Canada Goose shares were up $11.56 or 19.27 per cent at $71.55 in trading

  • Ontario home prices expected to rise moderately

    June 14, 2018 6:56 PM 17

    OTTAWA— The recent easing of home prices in Ontario isn’t expected to last long, thanks to solid economic growth projections and rising interest rates. The province will see “moderate” increases in home prices driven by the state of the province’s economy, the lack of ownership affordability and the balance between supply and demand, predicted the Canada