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US existing home sales, and prices, rise again in January

US existing home sales, and prices, rise again in January

Sales of previously occupied U.S. homes rose again last month, a sign that the housing market’s strong momentum from 2020 may be carrying over into this year. Existing U.S. home sales rose 0.
Statistics Canada says retail sales fell 3.4 per cent in December

Statistics Canada says retail sales fell 3.4 per cent in December

OTTAWA — Canadian retail sales in December posted their largest decline since the low of April as provinces tightened restrictions in response to a rise in COVID-19 cases, taking a bite out of the normally busy holiday shopping season.
Chorus acquisition proposal talks end without deal, potential investment talks remain

Chorus acquisition proposal talks end without deal, potential investment talks remain

HALIFAX — Chorus Aviation Inc. says an acquisition proposal from an unnamed bidder that it received last fall is no longer being considered, but that it remains in talks regarding a potential investment.
CGI to buy back 4.2 million shares from Caisse de depot et placement du Quebec

CGI to buy back 4.2 million shares from Caisse de depot et placement du Quebec

MONTREAL — CGI Inc. has signed a deal to buy back and cancel 4.2 million of its class-A subordinate voting shares from the Caisse de depot et placement du Quebec for $400 million. The technology consulting company says it will pay $95.

Oilsands producer Osum's leadership to sell shares after sweetened bid from Waterous

CALGARY — The leadership at private junior oilsands producer Osum Oil Sands Corp. say they will sell their shares after Waterous Energy Fund increased its bid by 25 per cent.
Some electricity restored in Texas, but water woes grow

Some electricity restored in Texas, but water woes grow

AUSTIN, Texas — Power was restored to more homes and businesses Thursday in states hit by a deadly blast of winter that overwhelmed the electrical grid and left millions shivering in the cold this week.

Jasper Park Lodge accepting reservations again after private block booking cancelled

JASPER, Alta. — A famous hotel in Alberta’s Rocky Mountains has reopened reservations after they were mysteriously closed last month because of a private block booking.
$1.8-billion satellite project in Quebec expected to create 600 jobs

$1.8-billion satellite project in Quebec expected to create 600 jobs

MONTREAL — Two Ontario-based companies plan to expand their operations in Quebec as part of a major satellite project. The agreement in principle announced Thursday between MDA, Telesat and the Quebec government is valued at $1.
Transat A.T. adds flexibility by extending termination date of $250M loan facility

Transat A.T. adds flexibility by extending termination date of $250M loan facility

MONTREAL — Transat A.T. Inc.
Inter Pipeline reviews options in response to hostile Brookfield takeover bid

Inter Pipeline reviews options in response to hostile Brookfield takeover bid

Calgary-based Inter Pipeline Ltd. says it has initiated a review of strategic alternatives in response to a hostile takeover bid launched last week by its largest shareholder, Brookfield Infrastructure Partners LP.