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BAT increasing its stake in Organigram with $124.6M investment

BAT increasing its stake in Organigram with $124.6M investment

TORONTO — Shares of Organigram Holdings Inc. rose almost 19 per cent after it says BAT signed a deal to increase its stake in the cannabis company by investing $124.6 million. The company says it plans to use $83.
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Energy weakness weighs on S&P/TSX composite, while U.S. stock markets rise

Energy weakness weighs on S&P/TSX composite, while U.S. stock markets rise

TORONTO — Weakness in energy stocks weighed on Canada's main stock index Monday, while U.S. markets edged higher to start the week. The S&P/TSX composite index closed down 80.91 points at 19,743.94.
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Stock market today: Wall Street drifts and holds steadier after last week's big swings

Stock market today: Wall Street drifts and holds steadier after last week's big swings

NEW YORK (AP) — Stocks drifted to a mixed close as Wall Street’s wild recent moves calm a bit. The S&P 500 rose 0.2% Monday in its first trading after careening from months of sharp losses to its best week of the year.
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Zara Canada being investigated by ethics watchdog over alleged links to forced labour

Zara Canada being investigated by ethics watchdog over alleged links to forced labour

OTTAWA — Canada's corporate ethics czar says it has launched a fact-finding investigation into allegations that Zara Canada Inc. is working with companies that use forced labour in China.
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OMERS pension plan acquires five per cent indirect stake in MLSE

OMERS pension plan acquires five per cent indirect stake in MLSE

TORONTO — The OMERS pension plan has acquired a five per cent indirect stake in Maple Leaf Sports & Entertainment for US$400 million. The investment comes through a 20 per cent direct stake in Kilmer Sports Inc.
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Judge chides Trump as ex-president testifies in civil fraud trial: 'This is not a political rally'

Judge chides Trump as ex-president testifies in civil fraud trial: 'This is not a political rally'

NEW YORK (AP) — The judge presiding over the civil fraud trial of Donald Trump repeatedly admonished him to keep his answers concise Monday, reminding him that “this is not a political rally” as the former president and leading Republican presidentia
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Telecom companies discuss increased adoption of AI at annual conference

Telecom companies discuss increased adoption of AI at annual conference

TORONTO — Wireless network outages could be predicted and reduced, and customer service practices overhauled, if Canada's telecom sector embraces artificial intelligence. That was one of the messages from Telus Corp.
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Barrick Gold increases stake in Hercules Silver with $23.4M investment

Barrick Gold increases stake in Hercules Silver with $23.4M investment

TORONTO — Barrick Gold Corp. has signed a deal to increase its stake in Hercules Silver Corp. to more than 10 per cent with an investment of $23.4 million.
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QPAREB says Montreal home sales in October down 2% from year ago level

QPAREB says Montreal home sales in October down 2% from year ago level

MONTREAL — The Quebec Professional Association of Real Estate Brokers say home sales in the Montreal area in October fell two per cent compared with the same month last year to their second-lowest level since it began compiling market data in 2000.
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Brookfield Asset Management Q3 profit up from year ago

Brookfield Asset Management Q3 profit up from year ago

TORONTO — Brookfield Asset Management Ltd. says it earned US$122 million in its latest quarter from its stake in the asset management business it owns with Brookfield Corp.
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