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National Business
National Business
Competition Bureau recommends merger review reforms in submission to Ottawa
OTTAWA — Canada's competition regulator is urging Ottawa to enact safeguards with respect to large-scale mergers by shifting the burden to the merging companies to prove why their deals are unlikely to substantially reduce market competition.
Mar 15, 2023 12:06 PM
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Magnet Forensics deal draws conflicting advice from proxy advisors
Investors are getting conflicting advice from independent proxy advisors on whether the takeover price for cybersecurity firm Magnet Forensics Inc. is fair. Glass Lewis & Co.
Mar 15, 2023 10:58 AM
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CP Rail's US$31billion takeover of KCS gains final regulatory approval
CALGARY — The U.S. rail regulator is giving a green light to Canadian Pacific Railway Ltd. to take control of Kansas City Southern Railway Co. as early as April 14.
Mar 15, 2023 10:54 AM
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Regulator says Silicon Valley Bank's Canadian assets being restructured
OTTAWA — Canada's banking regulator says the Canadian branch of Silicon Valley Bank is being restructured in a way that will allow it to continue operations in the country.
Mar 15, 2023 10:51 AM
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French strike nationwide as garbage piles up over pensions
PARIS (AP) — A joint committee of Senate and National Assembly lawmakers has validated French President Emmanuel Macron's pension plan, meaning it could be submitted to votes by both houses of Parliament on Thursday, unless his government chooses to
Mar 15, 2023 10:03 AM
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LockBit carried out 101 cyberattacks in February: NordLocker report
A digital storage firm company says the ransomware group whose software was used to attack Indigo Books & Music carried out 101 attacks in the month of February, a record for the group that began operating in 2019.
Mar 15, 2023 9:51 AM
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Canadian dairy plant becomes unlikely symbol of defiance for Ukrainian farmers
KRASNE, Ukraine — The cows on Lyuba Pastushok's farm are like her "cheeky children," she explained in Ukrainian as she walked among her growing herd, gently cooing to them and softly petting their heads.
Mar 15, 2023 9:15 AM
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Tech sectors expects collapse of SVB to have 'chilling' effect on investments
TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Mar 15, 2023 8:47 AM
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US wholesale inflation fell last month on lower food costs
WASHINGTON (AP) — Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures may be easing as the Federal Reserve considers whether to keep raising interest rates to
Mar 15, 2023 7:13 AM
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'How are you going to compete?': Canadians grapple with tight housing market
Eight interest rate hikes in less than a year have left thousands of Canadians feeling like homeownership is out of reach for now — and maybe even forever. The benchmark rate, which sits at 4.
Mar 15, 2023 7:00 AM
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