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Fairfax Financial signs definitive deal to take Recipe Unlimited private

Fairfax Financial signs definitive deal to take Recipe Unlimited private

TORONTO — Fairfax Financial Holdings Ltd. has signed a definitive agreement to take Recipe Unlimited Corp., the company behind Swiss Chalet, Harvey's, St-Hubert and the Keg, private. The deal for $20.
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Former Malaysian first lady guilty a week after Najib jailed

Former Malaysian first lady guilty a week after Najib jailed

KUALA LUMPUR, Malaysia (AP) — Former Malaysian first lady Rosmah Mansor was ordered to serve 10 years in prison after being found guilty on Thursday of soliciting and receiving bribes during her husband’s corruption-tainted administration, a week aft
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Lab results in Markham, Ont., food poisoning case expected at end of week

Lab results in Markham, Ont., food poisoning case expected at end of week

MARKHAM, Ont. — York Region public health said Wednesday that lab results are expected at the end of this week to confirm the presence of a plant-based toxin in a spice that is suspected of sickening 12 diners at a Markham, Ont.
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Couche-Tard says inflation eats into fuel volumes but bumps up 'house label' sales

Couche-Tard says inflation eats into fuel volumes but bumps up 'house label' sales

LAVAL, Que. — Canadian convenience store giant Alimentation Couche-Tard Inc. says higher fuel and food costs are affecting customer driving and shopping habits while boosting sales of its private label brand.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,330.81, down 182.09 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 68 cents, or 1.58 per cent, to $42.49 on 23.
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Imperial, Exxon completes $1.9B sale of XTO Energy Canada to Whitecap Resources

Imperial, Exxon completes $1.9B sale of XTO Energy Canada to Whitecap Resources

CALGARY — Imperial Oil Ltd. says it and ExxonMobil Canada have closed the $1.9-billion sale of their oil and gas-producing assets in the Montney and Duvernay areas to Whitecap Resources Inc.
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S&P/TSX composite losses deepen as selloff extends to fourth straight day

S&P/TSX composite losses deepen as selloff extends to fourth straight day

Canada’s main stock index declined for a fourth straight trading session Wednesday to end the month of August with investor sentiment squarely in the risk-off camp. The S&P/TSX composite index closed down 182.09 points at 19,330.81.
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Laurentian Bank shares down as earnings dip, profit margins on loans worsen

Laurentian Bank shares down as earnings dip, profit margins on loans worsen

MONTREAL — Laurentian Bank of Canada shares closed down more than 10 per cent Wednesday as the bank reported a drop in quarterly earnings caused by provisions for bad loans, while lower margins on interest income and a drop in personal loans also wei
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Canadian banks' climate commitments lag expectations of UN-led coalition: Greenpeace

Canadian banks' climate commitments lag expectations of UN-led coalition: Greenpeace

TORONTO — Canada's biggest banks could be pushed out of a UN-backed, net-zero emissions coalition if they don't boost their climate commitments, a report released Wednesday by Greenpeace Canada says.
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Canadian economic growth lags expectations in Q2; July estimate points to contraction

Canadian economic growth lags expectations in Q2; July estimate points to contraction

OTTAWA — Economists expect the Bank of Canada to move forward with another aggressive interest rate hike next week after the release of data showing the economy remained in relatively good shape during the second quarter of the year.
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