Ontario’s wrong-headed energy policy burns 75,000 jobs

Ontario’s wrong-headed energy policy burns 75,000 jobs
The province’s manufacturing sector may find itself even less competitive soon due to developments in the United States By Mark Milke Contributor Canadians for Affordable Energy How do you kill 75,000 jobs and turn your valuable location into a disadvantage? If you’re the Ontario government, you: start a transition to renewable energy driven by politicians without any cost-benefit analyses; when... Read More

The 10 most common occupations in Canada last year, according to 2016 census

The 10 most common occupations in Canada last year, according to 2016 census
OTTAWA — The top 10 occupations in Canada last year for men and women, according to the 2016 census: WOMEN 1. Retail salespersons 2. Registered nurses and registered psychiatric nurses 3. Cashiers 4. Elementary school and kindergarten teachers 5. Administrative assistants 6. Food counter attendants, kitchen helpers and related support occupations 7. Administrative officers 8. Nurse aides, orderlies and patient... Read More

Jean Coutu shareholders overwhelmingly approve pharmacy chain’s sale to Metro

Jean Coutu shareholders overwhelmingly approve pharmacy chain’s sale to Metro
MONTREAL — Jean Coutu Group shareholders have overwhelmingly approved the sale of the pharmacy chain to fellow Quebec retailer Metro Inc. A near-unanimous 99.9 per cent of votes cast sanctioned the $4.5-billion transaction, well above the two-thirds requirement. Shareholders of Jean Coutu (TSX:PJC.A) are being offered a combination of cash and stock worth about $24.50 per share. The deal announced nearly... Read More

Royal Bank Q4 net income up 12 to hit record $11.5B net income for 2017

Royal Bank Q4 net income up 12 to hit record $11.5B net income for 2017
TORONTO — Royal Bank of Canada beat analyst expectations with a 12 per cent jump in its fourth-quarter net income that helped to cap off its fiscal year with a record $11.5 billion profit. RBC’s (TSX:RY) results for the three-month period ended Oct. 31 hit $2.84 billion, driven by double-digit year-over-year increases in personal and commercial banking, wealth management and capital markets. “Each of our business segments delivered strong underlying... Read More

CanniMed adopts shareholder rights plan in takeover fight with Aurora Cannabis

CanniMed adopts shareholder rights plan in takeover fight with Aurora Cannabis
SASKATOON — CanniMed Therapeutics Inc. says it has adopted a shareholder rights plan in a bid to defend itself against a hostile takeover offer by Aurora Cannabis Inc. The company says the move will ensure its shareholders have a chance to vote on its own acquisition of Newstrike Resources Ltd. (TSXV:HIP). The rights plan prevents Aurora from acquiring any CanniMed... Read More