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BCE’s George Cope to retire as head of Canada’s largest telecom media company

By David Paddon THE CANADIAN PRESS TORONTO- The announcement Friday that George Cope will retire in January after nearly 12 years as chief executive of BCE Inc. has focused fresh attention on the sprawling telecom and media giant as the industry undergoes fundamental changes. The Montreal-based company, which owns Bell ...

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Rules for new corporate ombud criticized for deferring to companies 

By Mike Blanchfield THE CANADIAN PRESS OTTAWA- The federal government is giving its new watchdog on international corporate responsibility unprecedented power to hear complaints from Canadian companies that think they’ve been unfairly targeted by abuse allegations. Advocates for stronger oversight say they’re stunned by a proposed federal regulation that gives ...

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Court grants Competition Bureau access to records of complaints against Bell 

OTTAWA-Canada’s competition watchdog says a court order issued Thursday will allow it to see customer complaints filed against Bell Canada.   The Federal Court of Canada has granted the Competition Bureau’s request for records from the Commission for Complaints for Telecom-television Services.   The Competition Bureau says that its investigation ...

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Quebec government doesn’t rule out buying SNC Lavalin shares, Legault says

BROMONT, Que.- Quebec Premier Francois Legault says his government isn’t ruling out buying shares in SNC-Lavalin in order to prevent the company from being sold or dismantled. Legault said Friday that all options are currently on the table when it comes to saving the troubled Montreal-based engineering giant and the ...

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NewsAlert: Barrick and Newmont sign Nevada joint venture agreement

TORONTO- Barrick Gold Corp. is dropping its hostile takeover offer for Newmont Mining Corp. in favour of creating a joint-venture that will combine the two companies’ mining operations in Nevada. Under the deal, Barrick will hold a 61.5 per cent stake in the joint venture, while Newmont will own 38.5 ...

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Imperial Metals selling 70 per cent stake in Red Chris mine to Newcrest

VANCOUVER- Imperial Metals Corp. has signed a deal to sell a 70 per cent interest in its Red Chris copper and gold mine in B.C. to Australia’s Newcrest Mining Ltd. for US$806.5 million in cash. The company, which will retain a 30 per cent stake in the mine, will form ...

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SNC Lavalin Group slashes dividend 65%, reports $1.6B fourth quarter loss 

MONTREAL- SNC-Lavalin Group Inc. slashed its dividend by 65 per cent Friday as it reported a fourth-quarter loss of $1.6 billion. The troubled engineering and construction giant said it will now pay a quarterly dividend of 10 cents per share compared with its earlier payment of 28.7 cents per share. ...

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Arizona city officials decry new razor wire on border wall

NOGALES, Ariz.- Officials in a small Arizona border city are decrying the installation of new razor wire that now covers the entirety of a tall border wall through downtown. The city council in Nogales, which sits on the border with Nogales, Mexico, is set to consider a resolution Wednesday night ...

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