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It's cash designed to drive innovation in manufacturing and to use that innovation to create jobs. Ottawa has created the Advanced Manufacturing fund, which will provide $200 million over the next five years to Ontario businesses.
Canadian Oil Sands Ltd. has picked a replacement for outgoing CEO Marcel Coutu. Ryan Kubik, a 20-year industry veteran who has been the company's chief financial officer since 2007, will become the new top executive when Coutu retires in the new year.
Employees at the province's biggest power utility receive pensions that are unusually generous by public-sector standards, Ontario's Auditor-General is set to reveal as part of a critical look at how the Crown corporation conducts business.
Founded in 1977 by Bart Kitner, privately-held Kitco is one of the most popular coin dealers in North America and also has offices in Hong Kong and Shanghai.