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National Business
National Business
Unity Acquisitions snaps up much of toy store Mastermind, 18 stores to close
TORONTO — Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.
Dec 4, 2023 12:49 PM
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Rogers ordered to produce records in Competition Bureau's probe of 'Infinite' plans
GATINEAU, Que. — The Competition Bureau has been granted an order by the Federal Court of Canada requiring Rogers Communications Inc. to produce records related to an investigation into the company's Infinite wireless phone plans.
Dec 4, 2023 12:12 PM
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Vancouver home sales rise in November as newly listed properties add to supply
VANCOUVER — The Real Estate Board of Greater Vancouversays home sales ticked up last month as the continued increase of newly listed properties has given prospective homebuyers in the region among the largest selection to choose from since 2021.
Dec 4, 2023 10:33 AM
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Canada Life signs residential mortgage partnership with Nesto
WINNIPEG — Canada Life has signed a partnership deal with online mortgage company Nesto that will see the company take over the service and administration of the insurer's residential mortgage customers starting in January.
Dec 4, 2023 9:45 AM
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November new car sales see biggest monthly gain so far this year: DesRosiers
TORONTO — DesRosiers Automotive Consultants Inc. says new car sales in November soared 20.7 per cent compared with last year, as vehicle supply improves.
Dec 4, 2023 8:01 AM
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Payment technology firm Nuvei signs partnership deal with Microsoft
MONTREAL — Payment technology company Nuvei Corp. has signed a partnership agreement with Microsoft Corp. Financial terms were not immediately available.
Dec 4, 2023 7:27 AM
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Brookfield-led bid for Origin Energy fails to win required shareholder support
TORONTO — Brookfield Asset Management Ltd. says its deal for Australia's Origin Energy Ltd. has failed to achieve the required shareholder support.
Dec 4, 2023 5:56 AM
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Russel Metals buying seven service centres from Samuel, Son & Co. Ltd. for $225M
TORONTO — `Russel Metals Inc. has signed a deal to buy seven service centre locations from Samuel, Son & Co. Ltd. for about $225 million. The agreement covers five locations in Western Canada and two in the United States.
Dec 4, 2023 5:50 AM
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Spotify axes 17% of workforce in third round of layoffs this year
LONDON (AP) — Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.
Dec 4, 2023 5:23 AM
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Canada's telecom sector awaiting key regulatory decisions after transformative year
Canada's telecom sector faced a significant shakeup in 2023 after Industry Minister François-Philippe Champagne handed down a mandate requiring the CRTC to prioritize consumer rights, affordability, competition and universal access.
Dec 4, 2023 1:00 AM
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