(Reuters) - Canadian buyout firm Onex Corp said it would buy Swiss packaging group SIG Combibloc Group AG [SIGN.UL] for up to 3.57 billion euros ($4.43 billion).
Strong inflation growth led speculators to bet the Bank Of Canada would increase rates sooner than expected. With economic growth still gradually recovering, however, many question whether a rate rise would be beneficial to the overall economy.
A Saturday evening sour gas well rupture in southwest Airdrie prompted officials to evacuate 13 homes in the community of Dry Creek Bay, and a noticeable odour has been detected in communities on the north edge of Calgary's city limits.
China's surprise interest rate cut late on Friday will not reverse the trend of slower growth and tighter credit, analysts said, describing the move as being more akin to fine tuning than a shift in policy.
Jade pieces from the estate of the late Irving Langleb are going up for auction on Tuesday at A.H. Wilkens Auctions & Appraisals in Toronto.