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Wyndham rejects $8 billion unsolicited buyout offer after Choice Hotels goes public with its bid
Wyndham Hotels & Resorts rejected an unsolicited $8 billion buyout offer from Choice Hotels, a smaller chain that went public Tuesday with its bid after negotiations broke down.
Oct 17, 2023 11:17 AM
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Slowdown in inflation supports interest rate pause next week, economists say
OTTAWA — Canada's inflation rate edged down to 3.8 per cent last month as price pressures eased across the economy, setting the stage for the Bank of Canada to hold its key interest rate steady next week, economists say.
Oct 17, 2023 10:58 AM
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Supremex closing facility in Saint-Hyacinthe, Que., moving production
MONTREAL — Supremex Inc. is closing a facility in Saint-Hyacinthe, Que., that it acquired earlier this year as part of Impression Paragraph Inc. The company says production at the location will be transferred to its facilities in the Montreal area.
Oct 17, 2023 10:19 AM
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Polish election winner Donald Tusk appeals to president to move quickly to form a new government
WARSAW, Poland (AP) — The opposition leader who won Poland's parliamentary election, Donald Tusk, appealed to the nation's president Tuesday for “energetic and fast decisions” so that a new government could be formed quickly.
Oct 17, 2023 7:40 AM
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Orchids, veggies and beer: pot producers pivot in tough market
When Miguel Martin first visited Bevo Agtech Inc.’s Langley, B.C., greenhouse, he saw potential bursting from every corner. Hundreds of trays of tomato seedlings stretched away under the glow of LED lights.
Oct 17, 2023 7:20 AM
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Here's a list of September inflation rates for selected Canadian cities
OTTAWA — Canada's annual inflation rate was 3.8 per cent in September, Statistics Canada says.
Oct 17, 2023 7:15 AM
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Here's a list September inflation rates for Canadian provinces
OTTAWA — Canada's national annual inflation rate was 3.8 per cent in September, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 4.1 per cent (3.8) — Prince Edward Island: 2.
Oct 17, 2023 7:09 AM
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TD Bank says Charles Schwab stake expected to add $156M for Q4
TORONTO — TD Bank Group says its stake in Charles Schwab Corp. is expected to translate into $156 million of reported equity in net income for its fourth quarter.
Oct 17, 2023 6:12 AM
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More than half of small and medium firms affected by extreme weather: KPMG in Canada
TORONTO — KPMG in Canada says almost 60 per cent of small- and medium-sized businesses across the country have been affected by extreme weather events this year.
Oct 17, 2023 5:00 AM
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Wave of billion-dollar oilpatch deals a sign of bullish Canadian energy sector
CALGARY — A wave of high-profile mergers and acquisitions in the Canadian oilpatch is a sign of an industry that is flush with cash and increasingly confident in the short- and medium-term outlook for fossil fuels, experts say.
Oct 17, 2023 2:00 AM
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