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CEO defends TransAlta-Brookfield deal after U.S. investors seek option to cancel

CEO defends TransAlta-Brookfield deal after U.S. investors seek option to cancel

CALGARY — Power utility TransAlta Corp. thoroughly investigated other options before signing a $750-million investment deal with Brookfield Renewable Partners and there is no reason to seek to cancel it, says CEO Dawn Farrell.
N.S. balances budget, boosts health spending with aid of federal cash

N.S. balances budget, boosts health spending with aid of federal cash

HALIFAX — Nova Scotia's Liberal government took steps to renew its struggling health care system in a balanced budget Tuesday, though critics say the efforts are incomplete and poorly targeted.
Former Amaya CEO David Baazov sues Quebec securities regulator for $2 million

Former Amaya CEO David Baazov sues Quebec securities regulator for $2 million

MONTREAL — The former head of online poker giant Amaya has launched a $2-million lawsuit against Quebec's securities regulator stemming from its unsuccessful insider trading lawsuit.
Uber acquires Mideast competitor Careem for $3.1 billion

Uber acquires Mideast competitor Careem for $3.1 billion

DUBAI, United Arab Emirates — Ride-hailing service Uber announced on Tuesday it has acquired Mideast competitor Careem for $3.1 billion, giving the San Francisco-based firm the commanding edge in a region with a large, young, tech-savvy population.
Cronos Group Q4 revenue up to $5.6M but misses estimates as it posts net loss

Cronos Group Q4 revenue up to $5.6M but misses estimates as it posts net loss

TORONTO — Cronos Group Inc. reported an uptick in fourth-quarter revenue — boosted by the legalization of recreational cannabis last October — but missed analyst estimates and posted a quarterly net loss.
SNC-Lavalin considering all options after Codelco contract cancellation

SNC-Lavalin considering all options after Codelco contract cancellation

MONTREAL — SNC-Lavalin Group Inc. is leaving the door open to a lawsuit against Chile's state-owned copper mining company, which has terminated its contract with the construction giant.

Highlights of the 2019-20 Nova Scotia provincial budget

HALIFAX — Highlights of the 2019-20 Nova Scotia budget introduced Tuesday: - A surplus of $33.6 million is projected on a spending program of about $11 billion, with a $15.3-billion debt.
Canadian oilfield services firms bringing in more revenue from U.S. operations

Canadian oilfield services firms bringing in more revenue from U.S. operations

CALGARY — Analysts say Canadian oilfield services companies with operations in the U.S. are now earning more of their revenue south of the border than they have for at least six years.
UK government defiant as Parliament takes control of Brexit

UK government defiant as Parliament takes control of Brexit

LONDON — British Prime Minister Theresa May's government remained defiant after Parliament took partial control of the stalled process of leaving the European Union, arguing Tuesday that the manoeuvring simply underscores the need for lawmakers to ap
Newmont says ISS recommends shareholders vote in favour of Goldcorp deal

Newmont says ISS recommends shareholders vote in favour of Goldcorp deal

DENVER — Newmont Mining Corp. says proxy advisory firm Institutional Shareholder Services Inc. has recommended shareholders vote in favour of the gold miner's acquisition of Goldcorp Inc.