Private equity firm GI Partners will buy Canadian health care technology company Logibec Inc. from the investment arm of the Ontario Municipal Employees' Retirement System, GI Partners said Friday.
A legislative committee comprised mostly of Tory MLAs voted to cut about $1 million from six independent offices including Alberta's auditor general and the province's child and youth advocate.
Fitch Ratings upgraded Egypt's credit rating one step to "B" from "B-" citing structural reforms the government has undertaken including reducing fuel subsidies.
The federal government has granted approval for the KSM (Kerr-Sulhpurets-Mitchell) project after finding no pressing issues with the environmental assessment conducted by the provincial government back in July, 2014.
The Toronto stock market closed sharply higher Friday, adding to a string of solid gains as investors continue to buy up stocks oversold in the course of a fall sell-off.