Business

Temple Real Estate Investment Trust has signed a deal to buy the Saskatoon Inn and Conference Centre for $37.15 million.

Argonaut Gold Inc. plans to acquire Prodigy Gold for shares and cash in a friendly deal valued at $341 million. Prodigy shareholders will receive 0.1042 of an Argonaut Gold share and $0.00001 Cdn in cash per Prodigy share.

A journalist working in his native South Sudan is being honoured with the Alumni Excellence Award by Royal Roads University. Mading Ngor was a child when violence in Sudan led to his father's death and his village destroyed.

Federal safety officials are investigating brake problems in the Honda Pilot sport-utility vehicle. The National Highway Traffic Safety Administration says the brakes can come on without drivers stepping on the pedal.

Apple Inc. is expected to take the wraps off its highly anticipated mini iPad at an Oct. 23 invitation-only event, reported tech blog AllThingsD on Friday, citing sources familiar with the company. The event would come before Microsoft Corp.

Patrick Corrigan, executive director of Pacific Opera Victoria, is the new chairman of Opera.ca, a national association for opera companies and professionals in Canada.

Redbird Communications has added three staff to handle increasing workloads. Recent UVic grad Trevor Bennett will manage an energy behaviour change project for B.C.

Yankees advance to ALCS >B11

Customs broker Livingston International has acquired Norman G. Jensen Inc., including its Canadian brokerage company, Jensen Customs Brokers Canada. Financial terms were not available.

The Toronto stock market closed lower Friday with buyers inclined to do little at the end of a negative week amid falling commodity prices and a strong earnings report from an American banking giant. The S&P/TSX composite index eased 31.