Calgary Waste Firm Sold for $6.4B in Major Acquisition
GFL Environmental Inc. acquires Calgary-based Secure Waste Infrastructure Corp. in a massive $6.4 billion deal, with executives confident about regulatory approval and no job cuts expected.
Category : Corporate News
Counterfeit $50 Bills Used in Facebook Marketplace Scam
Mission RCMP are investigating a fraud case involving fake $50 bills used in Facebook Marketplace transactions. Police have released a suspect photo to aid identification.
Texas AG Probes Lululemon's Chemical Use
The Texas Attorney General has launched an investigation into Lululemon's potential use of certain chemicals, raising questions about product safety and corporate transparency in the apparel industry.
Manulife Eyes Cellnex Swiss Business, Sources Say
Manulife Investment Management is reportedly considering a bid for Cellnex Telecom's Swiss operations, according to Reuters sources, as the Canadian firm expands its infrastructure portfolio.
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LVMH Sales Hit by Iran War, Luxury Revival Hopes Dampened
LVMH reports significant sales decline due to the Iran war, impacting the luxury goods sector's anticipated recovery. The conflict disrupts global markets and consumer confidence.
BlackRock Upgrades U.S. Stocks on Earnings, Geopolitical Outlook
Investment giant BlackRock has upgraded its outlook on U.S. equities, pointing to resilient corporate earnings and contained risks from Middle East tensions as key drivers for the positive shift.
Dell, HP Stocks Jump on Nvidia Acquisition Speculation
Shares of Dell Technologies and HP Inc. experienced significant gains following a report suggesting Nvidia Corp. is exploring a major acquisition that could transform the PC industry landscape.
Lululemon Stock Drops in Texas PFAS Probe
Lululemon Athletica shares fell sharply after Texas Attorney General Ken Paxton announced an investigation into potential PFAS 'forever chemicals' in the brand's apparel, adding to existing business challenges.
Hootsuite Founder Ryan Holmes Returns as Interim CEO
Ryan Holmes, founder of digital media giant Hootsuite, has stepped back into the CEO role on an interim basis, succeeding Irina Novoselsky. The leadership change marks a significant shift for the Vancouver-based company.
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Port of Montreal CFO Leaves as Leadership Exodus Grows
The Port of Montreal's chief financial officer has resigned, marking another high-profile exit in a series of leadership departures that raises concerns about stability at Canada's second-largest port.
GFL Environmental Buys Secure Waste for $6.4B
Canadian waste management giant GFL Environmental Inc. has finalized a monumental $6.4 billion acquisition of Secure Waste, significantly expanding its North American footprint and service capabilities.
GFL Environmental Acquires Secure Waste in C$6.4B Deal
GFL Environmental Inc. has agreed to acquire Secure Waste Infrastructure Corp. in a transaction valued at approximately C$6.4 billion. The deal will be structured with 80% stock and 20% cash, expanding GFL's footprint in western Canada.
Conagra Names John Brase as New CEO
Conagra Brands has announced the appointment of John Brase, a seasoned executive from J.M. Smucker, as its new Chief Executive Officer, effective immediately.
Goldman Sachs Profit Soars on Dealmaking and Trading Strength
Goldman Sachs has announced a significant increase in quarterly profits, driven by robust performance in investment banking and equities trading divisions, signaling a rebound in financial market activity.
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Oil Surges, Markets Drop on U.S. Iran Blockade Plan
Oil prices soared over 7% and global markets declined as the U.S. military prepared to blockade Iranian ports and the Strait of Hormuz, following failed ceasefire talks.
GFL Nears $6B Secure Waste Acquisition Deal
GFL Environmental is finalizing a major acquisition of Secure Waste Infrastructure Corp. in a deal valued at over $6 billion, structured with 20% cash and 80% stock, expanding its footprint in western Canada.
Oil Prices Surge as U.S. Plans Iran Port Blockade
Global oil prices have climbed sharply and financial markets have declined following the U.S. military's announcement of a planned blockade of Iranian ports after ceasefire talks collapsed.
Oil Price Swings: Using Energy as a Strategic Hedge
Investors face turbulent oil markets driven by Middle East tensions and Strait of Hormuz disruptions. Martin Pelletier advises treating energy exposure as a near-term portfolio hedge rather than a core investment thesis to manage volatility risks.
SUNshine Girl Stacey Feature Drives Toronto Sun Subscriptions
The Toronto Sun highlights its SUNshine Girl Stacey in a promotional push, encouraging subscriptions for exclusive access to news, ePaper editions, and journalist insights across Canada.
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Air Canada CEO Retires After French Language Backlash in Video
Air Canada CEO Michael Rousseau announces retirement after a condolence video with minimal French words sparks outrage from Quebec politicians and francophone communities, highlighting language and leadership issues.
Rival Company Head Charged in GFL Executives' Home Shootings
Toronto Police have arrested Ilan Philosophe, head of Astro Excavating Inc., charging him with shooting at the homes of two GFL Environmental executives in 2024. The case remains active as investigators seek motives and collaborators.
TSX Oilsands Major Could Jump 20% on Iran War, Analyst Says
Imperial Oil Ltd. could see significant gains due to Middle East tensions, while RBC updates its global stock picks amid falling valuations and rising earnings outlooks.
Calgary Stampede Tarp Auction Hits Record $6.1M Bids
The annual Calgary Stampede canvas tarp auction has set a new record, generating $6.1 million in bids for chuckwagon racing sponsorships, highlighting strong business and community support.
Counterfeit Bills in Cambridge Transactions, Police Investigation
Waterloo Regional Police are investigating the use of counterfeit bills in buy-and-sell transactions in Cambridge, releasing an image of a person of interest in the case.
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Zellers Returns: New Locations and Strategy Unveiled
The iconic Canadian retail brand Zellers is staging a comeback with new locations, as retail analyst Bruce Winder emphasizes the need for strong value to win back customers.
Enbridge Stays in Chatham Despite London Purchase
Mayor Canniff reassures that Enbridge will maintain its headquarters in Chatham, Ontario, despite acquiring a large building in London, emphasizing continued local presence and economic stability.
Cascades Cuts Q1 Outlook, Shares Trade Lower
Packaging company Cascades has revised its financial forecast downward for the first quarter of 2026, leading to a drop in its share price as investors react to the news.
Earnings Season Primed for Double-Digit Growth
Brian Belski of Humilis Investment Strategies discusses how investment managers are navigating market volatility and why earnings season is poised for significant growth.
Hong Kong Sees Sharp Rise in Illegal Fuel Trading
Hong Kong authorities are reporting a significant surge in illegal fuel trading operations, raising concerns about economic impacts and regulatory enforcement in the region.
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Rideshare Driver Makes Less Than $70 in 7.5-Hour Shift
A rideshare driver reports earning less than $70 for a 7.5-hour workday, highlighting financial struggles as rising prices impact drivers and commuters, making services less viable.
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