Former Maple Leaf Sports & Entertainment (MLSE) boss Tim Leiweke has been indicted by a U.S. grand jury for allegedly rigging the bidding process for an arena in Austin, Texas. Leiweke is co-founder and CEO of Oak View Group (OVG), which develops and provides a variety of services to live entertainment venues. According to the...
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July 10, 2025July 10, 2025Business
Canadian pharmaceutical industry alarmed after Trump floats 200 per cent tariff
WASHINGTON — An pharmaceutical industry representative says Canada likely isn’t the main target of U.S. President Donald Trump’s threat to impose a 200 per cent tariff on pharmaceutical imports — but his plan could still put parts of the Canadian sector in peril. Canadian Generic Pharmaceutical Association president Jim Keon says there’s a risk that...
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July 10, 2025July 10, 2025Business
‘Kind of stuck’: Weak condo market means tough choices for potential move-up buyers
While optimism is building in some parts of Canada for a rebound in the real estate market, condominium dwellers wanting to move up to a larger space face tough choices amid little sign of improvement for that segment. Cities like Toronto and Vancouver have seen condo sales drop off, if not stagnate, in recent years...
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July 10, 2025July 10, 2025Business
Nutella maker Ferrero plans to buy century-old cereal maker WK Kellogg for $3.1 billion
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero Group said Thursday it will pay $23 for each Kellogg share. The transaction includes the manufacturing, marketing and distribution of WK Kellogg Co.’s portfolio of breakfast...
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July 10, 2025July 10, 2025Business
U.S. copper tariffs threat met with shrugs, skepticism, though risks remain
While Canadian copper miners have largely said U.S. copper tariffs won’t affect them, some market analysts are wondering how realistic the threat really even is. U.S. President Donald Trump said Tuesday that he was planning to impose 50 per cent tariffs on copper imports, though any details on possible exemptions or timing have yet to...
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July 10, 2025July 10, 2025Business
Wisconsin and Minnesota Republicans call on Canada to curb wildfire smoke
WASHINGTON — Six Republican lawmakers have sent a letter to Canada’s ambassador calling for action on the wildfires sending smoke billowing across the international border into their states. In a Tuesday letter to Ambassador to the U.S. Kirsten Hillman, representatives Tom Tiffany, Brad Finstad, Tom Emmer, Michelle Fischbach, Glenn Grothman and Pete Stauber of Wisconsin...
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July 10, 2025July 10, 2025Business
Ottawa’s national security review, shutdown order ‘procedurally unfair’: Hikvision
OTTAWA — A Chinese maker of surveillance camera systems says the national security review process that led the federal government to order it to shut down its Canadian operations was unfair. Hikvision makes the arguments in a court filing challenging a June 27 directive from the federal government to close down its business in Canada....
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July 10, 2025July 10, 2025Business
Ex-MLSE boss Tim Leiweke indicted for allegedly rigging bidding process for Texas arena
Former Maple Leaf Sports & Entertainment (MLSE) boss Tim Leiweke has been indicted by a U.S. grand jury for allegedly rigging the bidding process for an arena in Austin, Texas. Leiweke is co-founder and CEO of Oak View Group (OVG), which develops and provides a variety of services to live entertainment venues. According to the...
Post
July 10, 2025July 10, 2025Business
Canadian pharmaceutical industry alarmed after Trump floats 200 per cent tariff
WASHINGTON — An pharmaceutical industry representative says Canada likely isn’t the main target of U.S. President Donald Trump’s threat to impose a 200 per cent tariff on pharmaceutical imports — but his plan could still put parts of the Canadian sector in peril. Canadian Generic Pharmaceutical Association president Jim Keon says there’s a risk that...
Post
July 10, 2025July 10, 2025Business
‘Kind of stuck’: Weak condo market means tough choices for potential move-up buyers
While optimism is building in some parts of Canada for a rebound in the real estate market, condominium dwellers wanting to move up to a larger space face tough choices amid little sign of improvement for that segment. Cities like Toronto and Vancouver have seen condo sales drop off, if not stagnate, in recent years...