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OpenText to buy Zix in deal worth US$860 million, including debt
WATERLOO, ONT. — OpenText has signed a deal to buy U.S. company Zix Corp. Inc. in a deal valued at US$860 million, including debt. Under the deal, Ontario-based OpenText will pay US$8.50 per share in cash for the company.
Nov 8, 2021 6:58 AM
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Aurora Cannabis buying stake in Dutch company Growery, to provide secured loan
EDMONTON — Aurora Cannabis Inc. says it has signed a deal to invest in a significant equity stake in Growery B.V., a Netherlands-based company that holds a license to participate in the country's controlled cannabis supply chain experiment.
Nov 8, 2021 5:14 AM
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Sun Life Financial raising quarterly dividend after OSFI lifts restrictions
TORONTO — Sun Life Financial Inc. is raising its dividend after a federal regulator lifted restrictions last week that were put in place in the early days of the pandemic to help protect the country's financial institutions.
Nov 8, 2021 5:13 AM
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Report: 6 Palestinian rights activists hacked by NSO spyware
JERUSALEM (AP) — Security researchers disclosed Monday that spyware from the notorious Israeli hacker-for-hire company NSO Group was detected on the cellphones of six Palestinian human rights activists, half affiliated with groups that Israel’s defen
Nov 8, 2021 2:59 AM
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Governance experts say Rogers debacle shows shortcomings in corporate regulations
TORONTO — The boardroom feud at Rogers Communications Inc.
Nov 7, 2021 6:08 PM
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Rogers Communications Inc. won't appeal B.C. court ruling on board fight
Rogers Communications Inc. says it won't appeal a British Columbia Supreme Court ruling that upheld Edward Rogers' reconstituted board of directors. The son of the company's founder used his authority as head of the family trust -- which holds 97.
Nov 7, 2021 6:03 PM
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Quebec pledges to transition all government vehicles to zero-emission by 2040
MONTREAL — Quebec says it plans to transition to electric vehicles for all government departments and ensure all its institutional buildings become zero-emission producers over the next 19 years as it looks to speed up its shift to green energy.
Nov 7, 2021 12:10 PM
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Organigram's new CEO opens up about company's future, U.S. pot legalization
For much of the COVID-19 pandemic, the leaders of Canada's biggest cannabis companies have spouted lofty ambitions linked to a U.S. pot market they strongly believe is on the brink of federal legalization and will be their ticket to profitability.
Nov 7, 2021 12:00 PM
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Proof of vax required as strict mandate takes effect in LA
LOS ANGELES (AP) — Yoga studio owner David Gross felt relieved after Los Angeles passed a vaccine mandate that is among the strictest in the country, a measure taking effect Monday that requires proof of shots for everyone entering a wide variety of
Nov 7, 2021 7:53 AM
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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: MEG Energy results: MEG Energy is set to release Q3 results on Monday.
Nov 7, 2021 7:00 AM
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