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'No options' on tariffs without more time, says company importing from U.S. - CBC Apr 18th
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After major issues with tenants, these Ontario landlords blame their real estate agents - CBC Jul 15th
After major issues with tenants, these Ontario landlords blame their real estate agents CBC.... More »
Best online banks and credit unions in Canada for 2025 + MORE Mar 6th
Where can you get the best digital banking experience in Canada? We wanted to find out in this second annual review of the best online banks and credit unions in Canada.
To come up with the ranking, MoneySense partnered with Surviscor, a leading Canadian research and consulting firm specializing.... More »
The close: TSX rises as more records smashed on Wall Street + MORE Oct 3rd
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Where to find and apply for COVID-19 financial relief Aug 20th
The COVID-19 outbreak has dealt a shock to our economy, shuttering entire industries and leaving many more businesses in limbo, forcing layoffs and loss of income on many people. Fortunately, the Canadian government and several other institutions are offering financial relief for Canadians during th.... More »
Just a few weeks after making its stock market debut, fast-casual eatery chain Freshii Inc. has unveiled plans for expansion into the United Kingdom.
Canadian, British regulators agree to help fintechs expand
– theglobeandmail.com
The agreement between the U.K.’s Financial Conduct Authority and the OSC is meant to help fintech startups navigate regulations
Saputo poised to gain full control of Australia’s Warrnambool dairy
– canadianbusiness.com
Canadian dairy giant Saputo Inc. is poised to gain full ownership of Warrnambool Cheese and Butter Factory Co. after Lion Dairy and Drinks accepted a sweetened offer to sell its minority stake in the Australian cheese and dairy producer.
Lion, a subsidiary of Japanese beverage firm Kirin, said Wednesday it formally accepted Saputo’s improved offer of A$9.05 per share cash (C$9.17 at current exchange rates) for each of the remaining shares. Saputo took control of the company in 2014 after a hard-fought takeover battle.
Lion said it will make a small profit on the sale of its 10.2 per cent stake acquired in 2013. The company sold its cheese assets to Warrnambool in 2015 as part of its focus on core dairy and juice categories.
“Today’s sale to Saputo is therefore a logical step and a positive outcome for Lion,” it said in a news release.
Lion said the sale of shares won’t affect contracts with Warrnambool, including its supply of parmesan cheese.
Saputo (TSX:SAP) said the acquisition of Lion’s stake raises its ownership in Warrnambool to more than 98 per cent…
Lion, a subsidiary of Japanese beverage firm Kirin, said Wednesday it formally accepted Saputo’s improved offer of A$9.05 per share cash (C$9.17 at current exchange rates) for each of the remaining shares. Saputo took control of the company in 2014 after a hard-fought takeover battle.
Lion said it will make a small profit on the sale of its 10.2 per cent stake acquired in 2013. The company sold its cheese assets to Warrnambool in 2015 as part of its focus on core dairy and juice categories.
“Today’s sale to Saputo is therefore a logical step and a positive outcome for Lion,” it said in a news release.
Lion said the sale of shares won’t affect contracts with Warrnambool, including its supply of parmesan cheese.
Saputo (TSX:SAP) said the acquisition of Lion’s stake raises its ownership in Warrnambool to more than 98 per cent…
Garth Drabinsky is a changed man, lawyer tells Ontario securities regulator
– canadianbusiness.com
Garth Drabinsky should not be further penalized for a fraud committed two decades ago because he is a changed man, his lawyer told the Ontario Securities Commission on Wednesday.
The province’s securities regulator began opening submissions in the long-running case against the disgraced theatre mogul, one of the central figures in the Livent Entertainment financial fraud scandal.
Drabinsky declined comment on his way into the hearing room of the OSC, which launched its regulatory cases against him and two others in 2001. Those cases were put on hold while criminal charges against the three worked their way through the courts.
“The gentleman that is sitting in this room today is not the gentleman you heard about in the course of those proceedings,” lawyer Richard Shekter told the OSC’s three-member panel.
“He has acknowledged culpability, he feels terrible about what he did and he has made it his life mission to fix it and to contribute to Canadian society.”
Drabinsky was found guilty of fraud in 2009 and sentenced to a four-year prison term for his role in a kickback scheme that cost investors an estimated $500 million…
The province’s securities regulator began opening submissions in the long-running case against the disgraced theatre mogul, one of the central figures in the Livent Entertainment financial fraud scandal.
Drabinsky declined comment on his way into the hearing room of the OSC, which launched its regulatory cases against him and two others in 2001. Those cases were put on hold while criminal charges against the three worked their way through the courts.
“The gentleman that is sitting in this room today is not the gentleman you heard about in the course of those proceedings,” lawyer Richard Shekter told the OSC’s three-member panel.
“He has acknowledged culpability, he feels terrible about what he did and he has made it his life mission to fix it and to contribute to Canadian society.”
Drabinsky was found guilty of fraud in 2009 and sentenced to a four-year prison term for his role in a kickback scheme that cost investors an estimated $500 million…
