Shoppers Drug Mart's shareholders had cast an overwhelming vote in favor of Loblaw Co's buyout bid.
Tags: Canada
Canada blocks acquisition of fiber optic network by Sawiris controlled corporation
Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.
GM Nova Scotia's noteholders hit the jackpot
The noteholders of GM Nova Scotia used a local law loophole to allow its earnings to double from the bankruptcy proceedings.
Canadian discount retailer Giant Tiger eyes exit - sources
According to sources, Giant Tiger Stores had been exploring the option to exit the company through a sale that could fetch USD800 million.
Canada moves towards unified securities regulator
The Canadian federal government together with two of the largest provinces are working towards a common securities regulator.
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BlackBerry Ltd. was scheduled to meet with Canadian lawmakers to discuss the Investment Canada Act as investor concerns increased that a domestic buyout of the struggling company would no longer be possible.
The Canadian government announced last Tuesday that it would sell 30 million General Motors common shares.
Industry Minister James Moore stated the Canadian government has been carefully watching BlackBerry as the smartphone maker weighs its options.
BHP Billiton slow to build into expanded operations in the potash industry through delaying production at the giant deposit until at least 2020.
Venture capital tycoon Prem Watsa quit from BlackBerry board and was expected to outline BlackBerry's stock market exit.
Persistence Capital Partners (PCP) saw its exclusive investments in the Canadian healthcare sector pay off.
Financial analyst said that BlackBerry's operations and intangibles would present a strong margin of safety for investors.
Kabe Exploration announced today that it will invest in its joint venture partner International Equity Partners Oil and Gas Inc.
According to a Google research, Canada's smartphone market increased. Canadians have been bitten by the smartphone bug, according to Google's latest report on smartphone ownership in the country.
