Fairfax gains control of hockey gear maker Bauer in deal with Desmarais family
Fairfax Financial will gain control of Bauer Hockey in a deal with an investment manager owned by the Desmarais family. Find out more. Source
Barrick reaches deal with Mali after reports staff were detained
Barrick Gold and Mali’s military leadership have agreed to resolve a dispute over the company’s assets in the West African nation. Read more Source
Grains Innovation Fund for Ontario Farmers Provides Up To $50K in Grants
Unlock up to $50K in funding through Ontario’s Grains Innovation Fund. Boost demand, open markets, and innovate with Ontario-grown grains and residues. Source
‘Broad-based rally’: TSX closes above 24,000 for first time
Canada’s stock market benchmark rallied to close above 24,000 points for the first time as China’s stimulus plans boosted shares. Read more. Source
Wall Street’s ETF assets hit US$10 trillion milestone
Investors are flocking to the more liquid, tax-friendly structures Source
Ottawa posts $7.3-billion deficit between April and July
The Canadian federal government's deficit has grown to $7.3 billion so far this fiscal year. Find out more. Source
Economists see Canadian soft landing even without jumbo rate cuts
The Bank of Canada will be able to pull off a soft landing for the country’s economy without resorting to half-point interest rate cuts, analysts say. Source
Port of Montreal dockworkers threaten three-day strike beginning Monday
Dockworkers could walk off the job as of 7 a.m. Monday, a work stoppage that could last until Thursday at two terminals owned by Termont Montreal. Source
Air Canada fined $250,000 by U.S. for flying over Iraqi airspace
The U.S. Department of Transportation slapped Air Canada with a US$250,000 fine for operating flights in prohibited Iraqi airspace. Read on. Source
Howard Levitt: Time to hold miscreants in education responsible for their actions
Howard Levitt: Ontario should conclude its investigation of the TDSB quickly, put it under trusteeship and fire the teachers. Keep reading. Source