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Dual-class share structures in spotlight with Rogers crisis

Dual-class share structures in spotlight with Rogers crisis

CALGARY — A type of corporate equity structure used by several of Canada’s most prominent companies is once again under fire from critics in light of the current chaos at Rogers Communications Inc.
Dual-class share structures in spotlight with Rogers crisis

Dual-class share structures in spotlight with Rogers crisis

TORONTO — Critics of dual-class share structures say the fight for control of Rogers Communications Inc. is proof that the model is badly flawed. A dual-class share structure is one where companies issue different classes of common shares.
A&W reaches agreement to launch trial of Pret A Manger chain in Canada

A&W reaches agreement to launch trial of Pret A Manger chain in Canada

VANCOUVER — A&W Revenue Royalties Income Fund says it has reached an agreement in principle with the U.K.-based Pret A Manger chain to bring the sandwich and coffee chain to Canada.
Alberta legislature resumes: Government focuses on economy, Opposition on COVID-19

Alberta legislature resumes: Government focuses on economy, Opposition on COVID-19

EDMONTON — The first day of the Alberta legislature's fall sitting signalled the government's intention to focus on the economy and the Opposition determined to hold the United Conservatives to account for mismanaging COVID-19.
Facebook profits rise amid revelations from leaked documents

Facebook profits rise amid revelations from leaked documents

LONDON — Amid fallout from the Facebook Papers documents supporting claims that the social network has valued financial success over user safety, Facebook on Monday reported higher profit for the latest quarter.
Duelling Rogers boards creating uncertainty for company, CEO and Shaw deal

Duelling Rogers boards creating uncertainty for company, CEO and Shaw deal

TORONTO — As two groups battled for control of Rogers Communications Inc. and one side promised forthcoming legal action, the telecommunications company plunged deeper into uncertainty Monday.

Rogers boardroom battle: Meet the players

Rogers Communications Inc., as well as members of the Rogers family and their associates, have been in the news amid a struggle for board control.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (21,284.84, up 68.69 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 87 cents, or 3.08 per cent, to $29.12 on 8.8 million shares.
S&P/TSX composite sets new records in longest streak in more than 30 years

S&P/TSX composite sets new records in longest streak in more than 30 years

TORONTO — Canada's main stock index climbed for a 14th straight day to reach a new high in the longest streak of daily gains in more than three decades.
Parents are gifting increasingly large sums of money for kids' down payments: CIBC

Parents are gifting increasingly large sums of money for kids' down payments: CIBC

A new report shows parents are giving increasingly large financial gifts so their kids can afford down payments in Canada’s hot housing market.