Marlboro maker places $2.4 billion bet on Canadian marijuana company

One of the world’s biggest tobacco companies is diving into the cannabis market with a $2.4 billion buy-in. Marlboro maker…

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Fiat Chrysler to put assembly plant in Detroit area

Fiat Chrysler will open another assembly plant in the Detroit area, according to a person familiar with the automaker’s plan.…

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As Via Rail prepares to announce winning bid for trains, Garneau warns Bombardier can’t be favoured

Free trade agreements with Europe and the United States prevent Via Rail from favouring Bombardier in the awarding of contracts,…

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How did Black Friday eclipse Boxing Day in Canada?

The once-uniquely American shopping tradition of Black Friday is now bigger in Canada than Boxing Day. That’s according to the Retail…

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Drilling underway at $50M geothermal power plant near Estevan, Sask.

A major geothermal power plant has broken ground in Saskatchewan, with hopes of generating electricity by spring. The company leading…

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Why tech giants don’t invest tax cuts in American jobs: Don Pittis

More than $100 billion US in tax cuts that were supposed to “make America great again” went into the pockets…

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CRA phone scam and food sensitivity tests: CBC’s Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get…

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Red Hat stock up 47% after $34B US takeover by IBM

Shares of Red Hat skyrocketed 47 per cent at the opening of trading in New York Monday after IBM, in…

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Location is top factor for job hunters faced with steep housing costs

Cyndi Whaley and her family left Toronto two and a half months ago for Victoria. Toronto has more job prospects…

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TSX down, loonie up in wake of interest rate hike

Canada’s main stock index posted a triple-digit decline, led lower by the materials and financial sectors, while the loonie traded…

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