National Business

HALIFAX — A billion-dollar deal that marks the single biggest investment in Canada's seafood industry by an Indigenous group was finalized on Monday, with one First Nation's chief calling it a "significant achievement for the Mi'kmaq.

TORONTO — Great Canadian Gaming Corp. says Rod Baker has stepped down as president and chief executive of the company. Baker has also resigned as a member of the company's board of directors.

CALGARY — Obsidian Energy Ltd. is extending its hostile takeover offer for Bonterra Energy Corp. until March 29. The offer was set to expire today. Bonterra has repeatedly recommended shareholders reject the bid.

SEOUL, Korea, Republic Of — Samsung scion Lee Jae-yong and prosecutors have decided not to appeal a court ruling that convicted him for bribing South Korea’s former president for business favours , confirming a prison term of two and a half years for

BALTIMORE — President Joe Biden plans to sign on Monday an executive order that aims to boost government purchases from U.S. manufacturers, according to administration officials.

TORONTO — The Canadian military is set to help with COVID-19 vaccine distribution in northern Ontario, as officials investigate the death of a teenager who had the virus and worked at a long-term care home in the province's southwest.

LISBON, Portugal — Portugal’s president was returned to office for a second term with a resounding victory Sunday in an election held amid a devastating COVID-19 surge that has made the European country the worst in the world for cases and deaths.

THE HAGUE, Netherlands — Rioters set fires in the centre of the southern Dutch city of Eindhoven and pelted police with rocks Sunday at a banned demonstration against coronavirus lockdown measures, while officers responded with tear gas and water can

LONDON — Britain is expanding a coronavirus vaccination program that has seen more than 6 million people get the first of two doses — even as the country’s death toll in the pandemic approaches 100,000.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Business openings and closings Statistics Canada will release its monthly estimates of business openings and closures for October 2020 on Monday.