Shareholders are receiving $2.90 per share for a total equity value of $722 million under terms of the takeover. Continue reading →

The S&P/TSX composite index gained 68.57 points to 16,612.81, surpassing the previous record close of 16,567.47 set last July. Continue reading →

Manulife Financial Corp. says a Saskatchewan court has ruled in its favour in its legal fight with hedge fund Mosten Investment LP over insurance contracts. Continue reading →

U.S. bank Morgan Stanley has signed a deal to buy Calgary-based Solium Capital Inc. in a cash deal valued at about $1.1 billion. Continue reading →

Under the agreement, Canopy will pay $25 million in cash and issue 6,221,210 shares to Ebbu. Continue reading →

Under the agreement, Constellation will acquire 104.5 million Canopy shares at a price of $48.60 per share. Continue reading →

Former Knowledge House president and CEO Daniel Potter and lawyer Blois Colpitts were found guilty in March of carrying out fraudulent activities. Continue reading →

Canada’s main stock index closed at a record high Wednesday, boosted by a broad-based rally on the market. Continue reading →

Kinder Morgan Canada Ltd. stock stumbled again on Wednesday after two banks cut their target share prices in the wake of the company’s deal to sell its biggest current and growth asset — the Trans Mountain pipeline system — to the federal government. Continue reading →

Former president and CEO Daniel Potter and lawyer Blois Colpitts were found guilty in March – nearly 17 years after the Halifax e-learning company’s dramatic collapse. Continue reading →