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Competition Bureau approves Metro's purchase of Jean Coutu, with conditions

Competition Bureau approves Metro's purchase of Jean Coutu, with conditions

OTTAWA — The Competition Bureau of Canada has approved Metro Inc.'s purchase of the Jean Coutu Group provided it sells 10 pharmacies in eight Quebec communities.

Barrick Gold sees 300 per cent drop in Q1 profit, but beats estimates

TORONTO — Barrick Gold Corp. reports that its net income fell to $158 million in its fiscal first quarter, down more than 300 per cent from the same time a year ago. The Toronto-based miner, which reports in U.S.

B.C. to limit auto insurance claims, speed up process to settle disputes

VICTORIA — The British Columbia government has introduced legislation that will attempt to restore the finances of the public auto insurance agency.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,552.06, up 67.74 points) Katanga Mining Limited. (TSX:KAT). Miner. Down 88 cents, or 49.16 per cent, to 91 cents on 10.9 million shares.
Toronto stock market closes higher, while U.S. stocks were mixed; Loonie falls

Toronto stock market closes higher, while U.S. stocks were mixed; Loonie falls

TORONTO — The energy and industrial sectors helped Canada's main stock index close higher Monday, while U.S. stocks were mixed. The S&P/TSX composite index closed up 67.74 points at 15,552.06 to outperfrom U.S.
Stephen Curry signs broad production deal with Sony Pictures

Stephen Curry signs broad production deal with Sony Pictures

LAS VEGAS — NBA star Stephen Curry is heading to Hollywood in a big way. Sony Pictures Entertainment announced Monday that it has struck a deal with the Golden State Warriors All-Star guard to produce television, film and possibly gaming projects.
Retiring MEG Energy co-founder calls for action to solve oilsands access woes

Retiring MEG Energy co-founder calls for action to solve oilsands access woes

CALGARY — Access to international markets is the "fundamental question" confronting the oilsands industry and all parties must work together to find a solution, says the co-founder of oilsands producer MEG Energy Corp.
Loblaw Companies tax court trial over Barbadian banking subsidiary begins

Loblaw Companies tax court trial over Barbadian banking subsidiary begins

TORONTO — Loblaw Companies Ltd.
Defence lawyers complain about getting swamped with paper as Baazov trial starts

Defence lawyers complain about getting swamped with paper as Baazov trial starts

MONTREAL — An insider trading trial against former Amaya CEO David Baazov and his co-accused got underway Monday with defence lawyers reiterating a complaint about their inability to review millions of documents handed over by the securities regulato

Poseidon Concepts agreement boosts proposed payout to shareholders to $36.6M

CALGARY — Lawyers for investors in failed oilfield services firm Poseidon Concepts Corp. say they have reached an agreement with defendants in a proposed class action lawsuit that will boost the potential payout to as much as $36.6 million.