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Capital Power and Manulife Investment Management buying Midland Cogen

Capital Power and Manulife Investment Management buying Midland Cogen

EDMONTON — Capital Power Corp. and Manulife Investment Management have signed a deal to buy MCV Holding Co., which owns Midland Cogeneration Venture, for US$894 million, including the assumption of US$521 million of project level debt.
Conference Board cuts economic growth forecast for 2022 and 2023

Conference Board cuts economic growth forecast for 2022 and 2023

OTTAWA — The Conference Board of Canada is cutting its estimate for economic growth for this year and next as central banks around the world hike interest rates in an effort to deal with soaring inflation.
Start talking to your kids about money at an early age, experts say

Start talking to your kids about money at an early age, experts say

Money is still considered by many to be a taboo topic or private matter, which is why many people avoid sparking up conversations about their personal finances with friends, colleagues and even family.
Ukraine gets $1.7B in fresh aid to pay health care workers

Ukraine gets $1.7B in fresh aid to pay health care workers

WASHINGTON (AP) — Ukraine is getting an additional $1.7 billion in assistance from the U.S. government and the World Bank to pay the salaries of its beleaguered health care workers and provide other essential services.
Air Canada and Emirates sign strategic partnership, plan code-share deal

Air Canada and Emirates sign strategic partnership, plan code-share deal

MONTREAL — Air Canada and Emirates have signed a strategic partnership agreement and plan to establish a code-share relationship later this year. The airlines say the deal will create more options for customers when travelling on their networks.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,816.80, down 206.06 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 28 cents, or 1.2 per cent, to $22.48 on 8.
S&P/TSX composite falls in broad decline ahead of expected interest rate hike

S&P/TSX composite falls in broad decline ahead of expected interest rate hike

North American stock markets moved lower to start a busy week with the Bank of Canada expected to hike interest rates, new U.S. inflation numbers forecast to be higher and the U.S. quarterly earnings season set to get underway
Suncor cancels investor update in wake of CEO's resignation

Suncor cancels investor update in wake of CEO's resignation

CALGARY — Suncor Energy Inc. has cancelled its planned investor update about oilsands operations and safety in the wake of last week's resignation of chief executive Mark Little.
Rogers outage won't 'sink' $26-billion deal to buy Shaw, competition expert says

Rogers outage won't 'sink' $26-billion deal to buy Shaw, competition expert says

TORONTO — As the fallout from the Rogers Communications Inc. service outage continues to play out, one competition expert says she doesn't think it will "sink" the telecom giant's proposed $26-billion takeover of Shaw Communications Inc.
Small businesses fear Rogers won't fully compensate them for thousands in losses

Small businesses fear Rogers won't fully compensate them for thousands in losses

TORONTO — A Friday outage from Rogers Communications Inc. resulted in some small businesses losing thousands of dollars, which they fear the telecommunications giant won’t fully compensate them for.
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