Financing
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Cannabis company Aphria says president Jakob Ripshtein resigning June 7
Aphria is still looking for a permanent chief executive since Vic Neufeld announced in January he would step aside
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Sale of Aeroplan business boosts Aimia’s first quarter profit to $1.05B
Aimia completed the sale of the Aeroplan loyalty program to Air Canada in January
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Gerald Schwartz: The man behind Onex and the WestJet deal
Schwartz is married to Heather Reisman – founder and CEO of Indigo Books and Music – and the son of Izzy Asper, founder of CanWest Capital
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Hit with arrest of ex-chair Ghosn, Nissan profit nose dives
Nissan’s chief executive, Hiroto Saikawa blamed the poor performance on an overly aggressive sales growth strategy led by former chairman Carlos Ghosn
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Volkswagen to invest 1B euros in battery production plant
The factory is part of Volkswagen AG’s effort to electrify its vehicles
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Woodfibre LNG developer buying private Calgary-based natural gas producer
Pacific Oil & Gas Ltd., an arm of the Singapore-based Royal Golden Eagle group of companies, says it has struck a cash deal to buy Canbriam Energy Inc.
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Google opens German centre to improve data privacy
The Silicon Valley tech giant’s new privacy focused engineering centre is located in Munich, Germany
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Walmart ups the delivery game with next-day shipping
Walmart and Target have been turning their physical stores into shipping hubs, speeding up deliveries and helping to defray costs for services
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Onex signs agreement to buy WestJet in deal valued at $5B, including debt [UPDATED]
WestJet will remain headquartered in Calgary and continue to operate as a privately held company
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Trade row deepens as China ups tariffs on US$60B in U.S. goods [UPDATED]
The new penalty duties of 5% to 25% on hundreds of U.S. products including batteries, spinach and coffee will take effect June 1
