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Tricon and CPPIB create joint venture to build rental housing in Toronto

Tricon and CPPIB create joint venture to build rental housing in Toronto

TORONTO — Rental housing company Tricon Residential Inc. and the Canada Pension Plan Investment Board have signed a deal to create a joint venture to develop rental projects in the Greater Toronto Area.
Germany extends virus lockdown till mid-April as cases rise

Germany extends virus lockdown till mid-April as cases rise

BERLIN — Germany has extended its lockdown measures by another month and imposed several new restrictions, including largely shutting down public life over Easter, in an effort to drive down the rate of coronavirus infections.
Japan charges Americans with helping Ghosn flee, jump bail

Japan charges Americans with helping Ghosn flee, jump bail

TOKYO — Japanese prosecutors charged two Americans, Michael Taylor and his son Peter, Monday in the escape of former Nissan Chairman Carlos Ghosn to Lebanon, while he was out on bail.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (18,815.13, down 38.87 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up eight cents, or 10.67 per cent, to 83 cents on 16.
S&P/TSX composite down as CP Rail lower after announcing large U.S. acquisition

S&P/TSX composite down as CP Rail lower after announcing large U.S. acquisition

TORONTO — Canada's main stock index slipped to start the trading week as CP Rail's shares fell after reporting an acquisition of a U.S. rival. The S&P/TSX composite index closed down 38.87 points to 18,815.13.
Canadian news outlets close physical offices, codifying remote work

Canadian news outlets close physical offices, codifying remote work

TORONTO — Some of Canada's newsrooms will now permanently exist only in cyberspace, as publishers look to save money on physical offices amid the COVID-19 pandemic.
Good weather seen as key to success as Ontario eases restaurant rules, patios open

Good weather seen as key to success as Ontario eases restaurant rules, patios open

Outdoor dining is now permitted everywhere in Ontario, a change observers say gives restaurants a fighting chance to survive the COVID-19 pandemic.
Turkish lira plummets after Erdogan fires central bank chief

Turkish lira plummets after Erdogan fires central bank chief

ANKARA, Turkey — The Turkish currency plummeted against the U.S.
CP Rail merger with Kansas City Southern expected to benefit Canadian shippers

CP Rail merger with Kansas City Southern expected to benefit Canadian shippers

CALGARY — The merger of Canadian Pacific Railway Ltd. and Kansas City Southern promises improved service for Canadian shippers, but the impact on crude-by-rail volumes will be muted, observers said Monday.
Saudi oil giant Aramco reports 30% drop in payments to state

Saudi oil giant Aramco reports 30% drop in payments to state

DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30% less in taxes in 2020, the company said in a financial report Monday, as the region’s largest economy reels from the fallout of the coronavirus p
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