York Region
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MISSISSAUGA, Ont. — This little piggy is going to market. Maple Leaf Foods is spinning off its pork business into a new publicly traded company, the firm announced Tuesday. It’s something that’s been in the works for a little while, but the time is now right, said chief executive Curtis Frank in an interview. That’s […]
MISSISSAUGA, Ont. — The union representing Ontario liquor store workers has ramped up pressure in a five-day-old strike, with no talks planned to hammer out a deal. Thousands of workers at the Liquor Control Board of Ontario walked off the job Friday. Ontario’s main liquor retailer has closed its stores for two weeks, but had […]
TORONTO — Ontario municipalities have been forced to turn down thousands of child-care spaces in the $10-a-day system because of a limit on the percentage of for-profit spaces in the province’s deal with the federal government, the provincial government says. The province has so far created less than a third of the new spaces it […]
OTTAWA — The man who was chosen by Green Party members to be co-leader with Elizabeth May says he’s resigning. Jonathan Pedneault says he is leaving for personal reasons and that it’s been an honour to serve beside May and the party’s other member of Parliament, Mike Morrice. Pedneault, who does not have his own […]
TORONTO — Altus Group Ltd. has signed a deal to sell its global property tax business to tax services and software company Ryan LLC for $700 million. Ryan has also committed to an Altus Market Insights subscription deal at the close of the transaction, with an initial three-year term of $5 million per year. Altus […]
TORONTO — Online learning technology company D2L Inc. says it has acquired software firm H5P Group AS in a deal worth up to US$33 million. H5P Group was founded in 2014 and is the creator of the H5P software platform which is used to create interactive content. The company has about 30 employees, primarily based […]
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it plans to spin off its pork business into a new publicly traded company. Under the plan, existing Maple Leaf shareholders will receive shares in the new company, while Maple Leaf will keep a 19.9 per cent ownership position. The two companies will also enter into an […]
TORONTO — A new survey says Canadians are feeling less optimistic about their finances, with respondents worried about inflation, income levels and a potential recession at the midpoint of the year. TransUnion’s Canada consumer pulse study for the second quarter of 2024 found 57 per cent of Canadian households said their incomes are not keeping […]
CENTRAL HURON, ONT. — The mayor of the municipality where Alice Munro lived for much of her adult life says he would “consider” amending the monument to the celebrated writer outside the public library in Clinton, Ont., although he does not personally support such a move. Jim Ginn, the mayor of Central Huron, says he […]
OTTAWA — The Canadian Food Inspection Agency says numerous Silk and Great Value brand plant-based refrigerated beverages are being recalled due to Listeria concerns. The agency’s recall applies to Silk brand almond milk, coconut milk, almond-coconut milk and oat milk, as well as Great Value brand almond milk. It says the recall was triggered by […]