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Appeal of Joe Groia’s ‘incivility’ ruling goes to Ontario Court of Appeal on Dec. 14

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Joe Groia of Groia and Co., the Toronto lawyer found guilty of “incivility” charges by the Law Society of Upper Canada, will seek to have his one-month suspension overturned at a three-day hearing commencing Dec. 14 in the Ontario Court of Appeal. The charges centre on Groia’s accusations of prosecutorial …

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From Arizona to Florida, U.S. destinations feeling chill from low loonie, weakened Canadian economy

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The American sunbelt is expected to feel a chill this winter from Canada’s weakened economy and a loonie that’s lost more than a quarter of its value in the past couple of years. Overnight cross-border travel was down about nine per cent in the first nine months of the year …

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Loonie on track for second-biggest decline ever as pressures pile up

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The Canadian dollar is on track to experience its second-biggest decline on record against the U.S. dollar, and analysts forecast the currency could go lower before it bounces back next year. The loonie is now down nearly 17 per cent against the greenback for 2015, the biggest drop since 2008, …

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Suncor and CP Rail’s takeover bids get exotic

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It’s a rare week in Canada when two terms — contingent value rights, or CVR, and warrants – become part of the public lexicon as two high-profile takeovers are being discussed. It was such a week: In a bid to win the hearts and minds of the board of Norfolk …

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Butter shortage forces Canada’s dairy commission to import 8.8-million pounds of butter as cream supply dries up

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During the recent debate over Canada signing the Trans-Pacific Partnership trade agreement, the dairy industry here rolled out a public relations campaign aimed at fighting to keep out imported products and convincing Canadians to cherish instead the bounty of milk, cream and butter that come from our home and native …

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Alberta’s credit rating downgraded on concerns over rising debt

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CALGARY – Alberta Finance Minister Joe Ceci said Friday he is disappointed to see the province lose its top credit rating, but doesn’t expect the move will affect Alberta’s borrowing costs. “Obviously we are disappointed by today’s report, but the steep drop in the price of oil is hitting Alberta …

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Oil price collapse named Business Story of the Year for second year in a row

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CALGARY — The price of oil — and its far-reaching impact on the Canadian economy — has once again been voted The Canadian Press Business Story of the Year. np_storybar title=”Canada’s challenge is how to make money selling the world’s cheapest oil — but it can be done” link=”http://business.financialpost.com/news/energy/canadas-challenge-is-how-to-make-money-selling-the-worlds-cheapest-oil-but-it-can-be-done?__lsa=7c02-804f”%5D The …

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How Amazon is steamrolling over its competition in online sales: ‘It just keeps raising the bar’

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Two decades after Jeff Bezos started Amazon.com Inc. in his Bellevue, Wash., garage, his e-commerce juggernaut could be forgiven for letting up on its rapid growth. How Canadian Tire is grappling with the economics of e-commerce Questions in the industry still abound as to whether retailers will be able to …

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The stage seems set for regulators to get out of ruling on shareholder rights plans

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This Friday, Jan. 8, the day that Suncor’s hostile $4.3-billion all-stock offer for Canadian Oil Sands is set to expire, may end up being a milestone. If Suncor succeeds in getting support from holders of two thirds of COS shares – one of its conditions — that takeover may be …

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Mortgage broker Dominion Lending Centres to acquire Mortgage Architects

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Two of Canada’s large mortgage brokerage firms are joining forces.  In a deal announced Monday, Dominion Lending Centres said it is acquiring Mortgage Architects.  The combined firms have 4,800 accredited mortgage professionals, and a total of $32 billion in annual mortgage volume, translating to more than 100,000 individual mortgages per …

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