BCE Inc. has a friendly deal to buy Manitoba Telecom Services Inc. in a deal they value at $3.9 billion. The deal will add Manitoba's largest phone, Internet and wireless company to a Montreal-based telecommunication business that stretches across Canada.
A 3 per cent plunge in the Tokyo stock exchange and falls in European banking shares added to a gloomy global financial mood on Monday, pushing oil prices lower and the dollar to an 18-month low against the yen.
OTTAWA - The federal government quietly spent $75 million to settle with victims and creditors affected by the Lac-Megantic rail disaster - a contribution that also shielded it from lawsuits related to the deadly crash.
City of Kitchener staff are still trying to figure out what was spilled into the Grand River, and where exactly it came from, after an unknown substance was spotted in the Grand River near Forwell Road on Friday.
(Reuters) - Oracle Corp ORCL.N will buy Opower Inc OPWR.N, a maker of software for utilities, for about $548 million in cash. The offer of $10.30 per share is at a premium of 30.4 percent to Opower's close on Friday.