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Rogers selling all its Cogeco shares to Caisse de dépôt et placement du Québec

Rogers selling all its Cogeco shares to Caisse de dépôt et placement du Québec

TORONTO — Rogers Communications Inc. says it is selling all of its shares in Cogeco Inc. to Caisse de dépôt et placement du Québec for $829 million in a move to reduce its debt leverage ratio.
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S&P/TSX composite down slightly as energy stocks slide, U.S. stock markets rise

S&P/TSX composite down slightly as energy stocks slide, U.S. stock markets rise

TORONTO — Canada's main stock index closed slightly lower Monday as losses in resource stocks offset gains in financials, while U.S. stock markets rose. The S&P/TSX composite index closed down 13.18 points at 20,318.36.
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Creditors approve Metroland restructuring proposal following announced job cuts

Creditors approve Metroland restructuring proposal following announced job cuts

TORONTO — Creditors of Metroland Media Group have voted to approve the company's restructuring proposal after the newspaper chain announced cuts to 60 per cent of its workforce earlier this year.
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Stock market today: Wall Street ends higher ahead of the final Federal Reserve meeting of the year

Stock market today: Wall Street ends higher ahead of the final Federal Reserve meeting of the year

NEW YORK — Stocks closed higher on Wall Street ahead of the Federal Reserve’s last meeting of the year. The S&P 500 rose 0.4% Monday. The Nasdaq composite rose 0.2% and the Dow Jones Industrial Average added 0.4%.
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Coastal GasLink seeking $1.2B from contractor; alleges poor performance

Coastal GasLink seeking $1.2B from contractor; alleges poor performance

CALGARY — The company behind the Coastal GasLink pipeline is pursuing $1.2 billion in cost recoveries from one of its contractors. TC Energy Corp. terminated a contract with Pacific Atlantic Pipeline Construction last year, alleging poor performance.
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Donald Tusk becomes Poland's prime minister with the mission of improving European Union ties

Donald Tusk becomes Poland's prime minister with the mission of improving European Union ties

WARSAW, Poland (AP) — Donald Tusk , a leader of a centrist party, returned as Poland's prime minister for the first time in nearly a decade after a vote in parliament on Monday, paving the way for a new pro-European Union government following eight y
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Vince Tyra to become Gildan CEO after Glenn Chamandy says he was terminated

Vince Tyra to become Gildan CEO after Glenn Chamandy says he was terminated

After 40 years with Gildan Activewear Inc. and nearly 20 as president and chief executive, Glenn Chamandy said he's been terminated without cause.
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Missed opportunity or dodged bullet? What Ohtani's L.A. pick means for Rogers

Missed opportunity or dodged bullet? What Ohtani's L.A. pick means for Rogers

TORONTO — While baseball star Shohei Ohtani's decision not to sign with the Toronto Blue Jays over the weekend has left fans wondering what might have been, one sports economist says team owner Rogers Communications Inc.
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Manulife signs reinsurance deal with Global Atlantic, plans to buy back shares

Manulife signs reinsurance deal with Global Atlantic, plans to buy back shares

TORONTO — Manulife Financial Corp. has signed a reinsurance deal with Global Atlantic that it says will free up $1.2 billion in capital that it plans to use to buy back shares.
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BlackBerry names new CEO, calls off plans for IPO of Internet of Things business

BlackBerry names new CEO, calls off plans for IPO of Internet of Things business

BlackBerry Ltd. has promoted John Giamatteo to chief executive and called off plans for an initial public offering of its Internet of Things business, but still plans to split its operations.
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