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Competition Bureau raises concerns over Bunge-Viterra deal

GATINEAU, Que. — It's likely that Bunge Ltd.'s US$8.2-billion deal to acquire Viterra Ltd. would "substantially" reduce competition in the grain and canola oil markets, the Competition Bureau says.

By The Canadian Press | 04.23.24

GATINEAU, Que. — It's likely that Bunge Ltd.'s US$8.2-billion deal to acquire Viterra Ltd. would "substantially" reduce competition in the grain and canola oil markets, the Competition Bureau says.

By The Canadian Press | 04.23.24

West Fraser Timber earns US$35 million in first quarter, up from loss last year

VANCOUVER — West Fraser Timber Co. says it earned US$35 million in its first quarter, up from a loss of US$42 million a year earlier.

By The Canadian Press | 04.23.24

VANCOUVER — West Fraser Timber Co. says it earned US$35 million in its first quarter, up from a loss of US$42 million a year earlier.

By The Canadian Press | 04.23.24

An 'ambitious' global plastic treaty demands limits on production, Guilbeault says

OTTAWA — A global treaty to end plastic waste will not be ambitious enough if it does not include some limits on plastic production, Environment Minister Steven Guilbeault said Tuesday as the fourth round of negotiations kicked off in Ottawa.

By The Canadian Press | 04.23.24

OTTAWA — A global treaty to end plastic waste will not be ambitious enough if it does not include some limits on plastic production, Environment Minister Steven Guilbeault said Tuesday as the fourth round of negotiations kicked off in Ottawa.

By The Canadian Press | 04.23.24

CN Rail on track for growth this year, despite Red Sea shipping obstacles: CEO

MONTREAL — A stable economic outlook and rising cargo volumes bode well for Canadian National Railway Co. this year, executives said, despite the Red Sea crisis dampening container figures on the East Coast.

By The Canadian Press | 04.23.24

MONTREAL — A stable economic outlook and rising cargo volumes bode well for Canadian National Railway Co. this year, executives said, despite the Red Sea crisis dampening container figures on the East Coast.

By The Canadian Press | 04.23.24

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:

By The Canadian Press | 04.23.24

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange:

By The Canadian Press | 04.23.24

Freeland says $5 billion just a start for Indigenous loan guarantee program

TORONTO — The $5-billion announced for an Indigenous loan guarantee program in last week's budget is just a start, said Deputy Prime Minister Chrystia Freeland.

By The Canadian Press | 04.23.24

TORONTO — The $5-billion announced for an Indigenous loan guarantee program in last week's budget is just a start, said Deputy Prime Minister Chrystia Freeland.

By The Canadian Press | 04.23.24

First Quantum reports US$159 million loss in Q1, says balance sheet shored up

TORONTO — First Quantum Minerals Ltd. says it lost US$159 million in its first quarter, down from profits of US$75 million a year earlier.

By The Canadian Press | 04.23.24

TORONTO — First Quantum Minerals Ltd. says it lost US$159 million in its first quarter, down from profits of US$75 million a year earlier.

By The Canadian Press | 04.23.24

Nova Scotia Power estimates scaled-down version of Atlantic Loop to cost $700 million

HALIFAX — The current estimate for what has become known as a scaled-down version of the Atlantic Loop electrical grid project is about $700 million, the head of Nova Scotia’s private power utility said Tuesday.

By The Canadian Press | 04.23.24

HALIFAX — The current estimate for what has become known as a scaled-down version of the Atlantic Loop electrical grid project is about $700 million, the head of Nova Scotia’s private power utility said Tuesday.

By The Canadian Press | 04.23.24

B.C. to increase local milk production with $25-million factory investment

ABBOTSFORD, B.C. — The British Columbia government is contributing up to $25 million toward the expansion of a milk production plant aimed at boosting the supply of locally sourced food.

By The Canadian Press | 04.23.24

ABBOTSFORD, B.C. — The British Columbia government is contributing up to $25 million toward the expansion of a milk production plant aimed at boosting the supply of locally sourced food.

By The Canadian Press | 04.23.24

Doctors ask Liberal government to reconsider capital gains tax change

OTTAWA — The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing they will affect doctors' retirement savings.

By The Canadian Press | 04.23.24

OTTAWA — The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing they will affect doctors' retirement savings.

By The Canadian Press | 04.23.24