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December 13, 2018 6:21 PM Toronto council approves using 11 surplus properties for affordable housing

Council unanimously approved using 11 city-owned surplus lands to try to build new affordable housing on Thursday. The vote followed a move by Mayor John Tory announcing the use of those city lands, what would contribute to the existing “Open Door” housing program started under Tory’s tenure last term. But it’s not yet clear how the lands will be developed 6

December 13, 2018 5:45 PM Tilray names several former politicians to international advisory board

NANAIMO, B.C.—Pot producer Tilray Inc. has added some political heft to its international advisory board, including former foreign affairs ministers from around the world and former chairmen of the U.S. Democratic and Republican national committees. The inaugural members announced by the cannabis grower include former Canadian minister of foreign affairs 5

December 12, 2018 11:07 PM Bausch Health looks to make first acquisition in more than three years

LAVAL, QUE.—Bausch Health Companies Inc. is looking to make its first acquisition in more than three years after focusing efforts on reducing its debt and dealing with highly damaging legacy issues. The Quebec-based pharmaceutical company formerly called Valeant Inc., says it has entered into a definitive agreement to acquire certain assets of Synergy 7

December 12, 2018 5:00 PM WestJet says it’s co-operating with predatory pricing probe by Competition agency

Edmonton-based Flair Airlines has accused WestJet and low-cost offshoot Swoop of undercutting its business by pricing fares at or below cost and flooding certain routes with flights, contrary to competition legislation that protects new entrants from more dominant carriers. Flair chief executive Jim Scott tells The Canadian Press that the ultra-low-cost 5

December 11, 2018 10:59 PM Hockey Night in Canada’s relationship with Huawei to continue

“Awkward is awkward,” said Chris MacDonald, an associate professor at Ryerson University specializing in business ethics. “I can imagine Rogers execs keeping a close eye. There’d have to be something pretty close to a smoking gun before you’re going to kill that kind of a deal. “It’s OK to be uncomfortable with something without saying it’s unethical 9

December 11, 2018 3:24 PM Bombardier to unveil its biggest luxury jet next week

Montreal-based Bombardier is counting on the Global 7500 to generate at least $2.5 billion of annual sales by 2020 as the company trims its commercial-plane operations to focus on business jets and trains. Canada’s largest aerospace company needs the boost from the long-range plane as it grapples with $9.5 billion in adjusted debt and bond maturities 9

December 10, 2018 9:56 PM Armenian prime minister’s bloc wins parliamentary majority

YEREVAN, ARMENIA—A bloc led by Armenia’s relatively new prime minister trounced its political foes and won an overwhelming parliamentary majority in an early election, according to results released Monday. Nikol Pashinian came to power in May after spearheading massive protests that forced his predecessor to step down. The 43-year-old former journalist 10

December 10, 2018 1:04 PM CEO joins executive exodus at Washington’s Dominion Diamond

Dominion Diamond Corp. Chief Executive Officer Patrick Evans has left the company, marking at least the third high-profile departure in less than a year at the Canadian miner, which is owned by billionaire Dennis Washington. Evans confirmed that he departed on Dec. 5. Shane Durgin, who was chief operating officer, took over as CEO effective Dec. 7, Evans 7

December 10, 2018 1:11 AM Lawyer versus consultant? Immigration data shows visa applicants have best shot with former

Foreign nationals who prepare their own Canadian visa applications are nearly as successful in being accepted as those who spend money on a consultant to do the job. But chances of success are much higher if they hire an immigration lawyer to help get their study, work or visitor visas, according to immigration data obtained under an access to information 7

December 9, 2018 2:52 AM Canada could be at risk of ‘nasty’ retaliation from China

VANCOUVER—Canada is at risk of retaliation from China, including the arrest of Canadians in the country, said a former ambassador to China after the chief financial officer of Chinese-owned Huawei was taken into custody this week. With the bail hearing of Meng Wanzhou currently underway in a Vancouver court, Canada is “caught in the middle” between an extradition 11