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Majority of Canadian boards had no female members in 2016 and 2017: StatCan

Majority of Canadian boards had no female members in 2016 and 2017: StatCan

About 60 per cent of Canadian boards were composed entirely of men in 2016 and 2017, but experts say regulations that took effect on Jan. 1 should go a long way to shrinking that number further.

B.C. chemicals plant to be sold to satisfy Competition Bureau merger concerns

CALGARY — German specialty chemicals maker Evonik Industries AG has agreed to sell a plant in Prince George, B.C., to address Competition Bureau concerns about its proposed US$625-million takeover of U.S.-based PeroxyChem Holding Company LLC.
UK to allow Huawei equipment in 5G networks but not in 'core' parts

UK to allow Huawei equipment in 5G networks but not in 'core' parts

LONDON — Britain decided Tuesday to allow Chinese tech giant Huawei to supply new high-speed network equipment, leaving Canada as the last of the "Five Eyes" intelligence alliance to announce a policy on the controversial company's status. The U.K.

Calfrac Well Services reports fourth-quarter loss on lower revenue

CALGARY — One of Canada's largest oil and gas well completion companies is reporting a loss in the fourth quarter of 2019 as demand for its services remains at a low ebb. Using preliminary figures, Calgary-based Calfrac Well Services Ltd.
Shopify plans to hire 1,000 workers, open Vancouver office by end of year

Shopify plans to hire 1,000 workers, open Vancouver office by end of year

OTTAWA — Shopify Inc. is bulking up its presence and workforce on Canada's west coast with a plan to hire 1,000 people in Vancouver and open its first permanent office there.
Lowe's appoints transformation vice-president as new head of Canadian operations

Lowe's appoints transformation vice-president as new head of Canadian operations

BOUCHERVILLE, Que. — Lowe's Companies Inc. says it has appointed the head of its western region as president of its Canadian operations, which is shrinking with the closure of 34 underperforming stores across six provinces.
Grocer Metro raises quarterly dividend, reports $170.2M Q1 profit

Grocer Metro raises quarterly dividend, reports $170.2M Q1 profit

Metro Inc. saw sales rise for the first quarter of its 2020 financial year, but its earnings fell just short of analysts' expectations.
Superior Plus to keep specialty chemicals business after strategic review

Superior Plus to keep specialty chemicals business after strategic review

TORONTO — Superior Plus Corp. has decided to not sell its specialty chemicals business following a strategic review of the operations.
Orders for US durable goods advance 2.4% in December

Orders for US durable goods advance 2.4% in December

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose in December as a big jump in demand for military aircraft offset a sharp decline in commercial aircraft that reflected Boeing’s continued problems with its 737 Max.