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Zellers trademarks sold to Quebec retailer, court documents show

Zellers trademarks sold to Quebec retailer, court documents show

Zellers is making a comeback with its first new store set to open in Edmonton next week. Landlord Henry Zavriyev says Londonderry Mall in the city's north will be home to a Zellers location in a space formerly occupied by Hudson’s Bay.
B.C. starts receiving initial $936M payment from big tobacco settlement

B.C. starts receiving initial $936M payment from big tobacco settlement

British Columbia's attorney general says the province has begun to receive the initial payment from its multi-billion-dollar share of the settlement in a pan-Canadian lawsuit against big tobacco companies over health damages.
Stocks pull back from their latest all-time highs on Wall Street

Stocks pull back from their latest all-time highs on Wall Street

Stocks lost ground on Wall Street a day after the market hit its latest all-time highs. The S&P 500 fell 0.6% Friday. The index ended August up 1.9%, its fourth straight month of gains. The Dow Jones Industrial Average fell 92 points, or 0.2%.
Former Trans Mountain CEO to head up Carney's major projects office in Calgary

Former Trans Mountain CEO to head up Carney's major projects office in Calgary

OTTAWA — Ottawa's one-stop shop for businesses to pitch plans for large industrial construction projects will be headquartered in Calgary and managed by former Trans Mountain CEO Dawn Farrell, the Prime Minister's Office said Friday.
Montreal's transit agency says too expensive to display 'Go Habs Go!' before winter

Montreal's transit agency says too expensive to display 'Go Habs Go!' before winter

MONTREAL — Montreal's transit agency says city buses won't be flashing the “Go! Canadiens Go!” NHL hockey slogan any time soon, despite getting the green light to do so by Quebec’s language watchdog.
Calgary man who ran large-scale Ponzi scheme ordered to pay millions in penalties

Calgary man who ran large-scale Ponzi scheme ordered to pay millions in penalties

CALGARY — A Calgary man has been sanctioned by the Alberta Securities Commission following a securities fraud investigation that found the man had bilked investors of millions of dollars in one of the largest Ponzi schemes the province has seen.
Canadian GDP shrinks in Q2 but economists aren't fretting a recession — yet

Canadian GDP shrinks in Q2 but economists aren't fretting a recession — yet

OTTAWA — Canada's economy contracted in the second quarter as U.S. tariffs and trade uncertainty tanked Canadian exports.
BRP regains confidence to issue guidance as it posts better than expected results

BRP regains confidence to issue guidance as it posts better than expected results

BRP Inc. says it delivered better than anticipated results despite the economic environment, leaving it confident enough to issue full-year guidance.
Fed governor Cook seeks court order blocking her firing by Trump

Fed governor Cook seeks court order blocking her firing by Trump

A lawyer for Lisa Cook on Friday urged a U.S. judge to let the Federal Reserve governor keep her job while she fights President Donald Trump's attempt to fire her in a stunning assault on the central bank's independence. The case in the U.S.
Ontario's Grade 10 financial literacy requirement needs a rethink, critics say

Ontario's Grade 10 financial literacy requirement needs a rethink, critics say

TORONTO — Education experts and advocates are questioning Ontario's already delayed plan to introduce a financial literacy requirement for high school students as part of the Grade 10 math course, with some saying the approach may actually discourage
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