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Rogers Communications selling data centre portfolio to InfraRed Capital Partners

Rogers Communications selling data centre portfolio to InfraRed Capital Partners

TORONTO — Rogers Communications Inc. has signed a deal to sell its portfolio of nine data centres to InfraRed Capital Partners. Financial terms of the sale were not immediately available.
US applications for jobless benefits fell last week and remain in historically healthy range

US applications for jobless benefits fell last week and remain in historically healthy range

The number of Americans filing for jobless benefits fell modestly last week, remaining in the historically low range since the U.S. economy emerged from the COVID-19 pandemic. Applications for unemployment benefits for the week ending Aug.
Hydro One CEO David Lebeter to take compassionate care leave

Hydro One CEO David Lebeter to take compassionate care leave

TORONTO — Hydro One Ltd, says chief executive David Lebeter will take a temporary compassionate care leave, effective Aug. 25, to care for a family member.
'One battle after another' for farmland in Cowichan title ruling: ex-councillor

'One battle after another' for farmland in Cowichan title ruling: ex-councillor

Former Richmond, B.C., city councillor Harold Steves' family has been farming in the area since 1877, lending their name to the community of Steveston.
'This is our livelihood': Farmers brace for hit from new China canola tariff

'This is our livelihood': Farmers brace for hit from new China canola tariff

Farmer Bill Prybylski says China’s planned tariff on canola seed wasn’t factored into his business equations this year. The president of the Agricultural Producers Association of Saskatchewan says the 75.
Canadian auto parts makers say they've steered around the worst of tariff headwinds

Canadian auto parts makers say they've steered around the worst of tariff headwinds

Canadian auto parts companies say the current North American trade agreement is helping them manage headwinds from south of the border, even as tariff disruptions intensified over the past months.
NBA approves sale of Boston Celtics to private equity mogul Bill Chisholm for record $6.1 billion

NBA approves sale of Boston Celtics to private equity mogul Bill Chisholm for record $6.1 billion

BOSTON (AP) — The NBA on Wednesday unanimously approved the sale of the Boston Celtics to a group led by private equity mogul Bill Chisholm, a deal that values the franchise at more than $6.
S&P/TSX composite, U.S. markets see gains amid waning uncertainty

S&P/TSX composite, U.S. markets see gains amid waning uncertainty

TORONTO — Canada's main stock index finished higher on Wednesday, helped by strength in consumer cyclicals, while U.S. stock markets also rose as investors see more clarity on trade.
Ottawa funds $25M for companies to build EV chargers, buy natural gas-powered trucks

Ottawa funds $25M for companies to build EV chargers, buy natural gas-powered trucks

OTTAWA — The federal government announced $25 million in funding today for companies to build more than 850 electric vehicle chargers, mostly in Quebec.
Buy Canadian shopping trend starting to lose some steam: Metro CEO

Buy Canadian shopping trend starting to lose some steam: Metro CEO

Consumers are still seeking local products, but executives at one of Canada's biggest grocers say the buy Canadian movement is starting to lose some steam. "It's decelerating somewhat," Metro Inc.