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Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

Algonquin Power signs deal to sell renewable energy business for up to US$2.5B

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. says it has signed a deal to sell its renewable energy business to a subsidiary of LS Power for up to US$2.5 billion.
Bell got $64M from jail calls at issue in lawsuit, gave $39M commission to Ontario

Bell got $64M from jail calls at issue in lawsuit, gave $39M commission to Ontario

TORONTO — Bell Canada made more than $64 million in gross revenues from calls made by inmates at Ontario jails — at "exorbitant" rates, lawyers allege in a lawsuit — and gave nearly $39 million of that to the province as commission, according to new
Guerrero Jr. extends hit streak to 20 games as Jays hold on to down Orioles 7-6

Guerrero Jr. extends hit streak to 20 games as Jays hold on to down Orioles 7-6

TORONTO — Vladimir Guerrero Jr. gave his Hall of Fame father something to cheer about in what otherwise has been a doom and gloom season for the Toronto Blue Jays. With Vladimir Guerrero Sr.

Top-seeded Coco Gauff beats Yafan Wang 6-4, 6-2 in Toronto in her first hard-court match since April

TORONTO (AP) — Top-seeded Coco Gauff routed Yafan Wang 6-4, 6-2 on Thursday in the second round of the National Bank Open. Preparing for her U.S. Open title defense, Gauff played her first hard-court match since the Miami Open in April.
Ottawa calls $8-million price tag for animal captivity bill speculative, premature

Ottawa calls $8-million price tag for animal captivity bill speculative, premature

OTTAWA — A proposed law to prohibit keeping elephants and great apes in captivity in Canada could cost up to $8 million to administer over the first five years, the parliamentary budget officer said in a new analysis Thursday.
RioCan earnings rise to $122.4 million in second quarter

RioCan earnings rise to $122.4 million in second quarter

TORONTO — RioCan Real Estate Investment Trust says its net income for the second quarter was $122.4 million, up from $112.0 million during the same quarter last year. RioCan says its revenues totalled $292.2 million, up from $276.
Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

Sleep Country earnings rise as direct-to-consumer brands help buffer softer spending

TORONTO — Sleep Country Canada Holdings Inc. says it earned $15.8 million in its second quarter, up from $12.7 million a year earlier. The Toronto-based company says its revenues for the quarter were $232.5 million, up from $217.
Fight brewing at CRTC over first Online News Act payment by Google

Fight brewing at CRTC over first Online News Act payment by Google

OTTAWA — A new fight is playing out at the Canadian Radio-television and Telecommunications Commission over the first $100-million annual payment Google agreed to pay Canadian news outlets.
Court hears arguments in civil suit filed by Frank Stronach's granddaughter

Court hears arguments in civil suit filed by Frank Stronach's granddaughter

An Ontario Superior Court heard arguments on Thursday in a lawsuit filed by Frank Stronach's granddaughter, who is seeking an order compelling the family business to disclose any documents that might exist related to complaints of sexual misconduct a
Linamar reports earnings rise to $174.1 million, CEO to become executive board chair

Linamar reports earnings rise to $174.1 million, CEO to become executive board chair

GUELPH, Ont. — Manufacturer Linamar Corp. says its earnings and revenue rose during the last quarter that longtime CEO Linda Hasenfratz will serve in the top role.
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