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Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value

Ritchies Bros. tweaks offer for IAA to up cash component, but trim overall value

VANCOUVER — Ritchie Bros. Auctioneers Inc. is changing the terms of its proposal to buy IAA Inc. to increase the proportion of cash offered but trim the overall value of the bid.
Globalive looks to return to wireless market with bid for Manitoba spectrum

Globalive looks to return to wireless market with bid for Manitoba spectrum

TORONTO — Globalive is looking to return to the Canadian wireless market with an offer to buy spectrum licenses from former wireless company Xplore Mobile.
A quarter of Canadians think prices will eventually fall. Here's why that's unlikely

A quarter of Canadians think prices will eventually fall. Here's why that's unlikely

OTTAWA — What goes up doesn't necessarily come down. That's contrary to the sentiment of a surprisingly large proportion of respondents to the Bank of Canada's quarterly consumer expectations survey, released last week.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rogers-Shaw appeal The Federal Court of Appeal will hear the Competition Bureau's appeal of a decision that cleared the way for Rogers Communication Inc.
Missing your favourite lunch spot? How food courts are emerging from the pandemic

Missing your favourite lunch spot? How food courts are emerging from the pandemic

TORONTO — As workers in Toronto's Financial District scurry through the Brookfield Place food court on their lunch breaks, the darkened Starbucks at the space's far end looms large.
Federal cabinet set for three-day retreat in Hamilton ahead of Parliament's return

Federal cabinet set for three-day retreat in Hamilton ahead of Parliament's return

OTTAWA — The ongoing affordability crunch and the threat of a looming recession will be front and centre as the federal Liberal cabinet holds a post-holiday cabinet retreat this week.
Elon Musk takes witness stand to defend Tesla buyout tweets

Elon Musk takes witness stand to defend Tesla buyout tweets

SAN FRANCISCO (AP) — Elon Musk took the witness stand Friday to defend a 2018 tweet claiming he had lined up the financing to take Tesla private in a deal that never came close to happening.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,503.21, up 161.77): Enbridge Inc. (TSX:ENB). Energy. Up 28 cents, or 0.50 per cent, to $56.02 on 12 million shares. BlackBerry Ltd.
To advance 'North American Idea,' fortify bond between Canada, Mexico, experts say

To advance 'North American Idea,' fortify bond between Canada, Mexico, experts say

WASHINGTON — The relationship between Canada and Mexico has long been the weak link in North America's trilateral triangle, and foreign policy experts say reinforcing it will be key if the continent is to realize its true economic potential.
S&P/TSX composite posts gain Friday; U.S. markets rally on tech

S&P/TSX composite posts gain Friday; U.S. markets rally on tech

TORONTO — Canada's main stock index was up more than 150 points Friday on broad-based gains, while U.S. markets also rose with an end-of-week rally driven by significant strength in the tech sector. The S&P/TSX composite index was up 161.
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