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Fairfax Financial signs letter of intent to buy Keg Royalties Income Fund

Fairfax Financial signs letter of intent to buy Keg Royalties Income Fund

VANCOUVER — The Keg Royalties Income Fund has signed a letter of intent to be acquired by Fairfax Financial Holdings Ltd., its largest unitholder. The proposal for $18.60 per unit in cash values the steak house fund at about $211 million.
Shoemaker Skechers to be acquired for $9 billion and taken private by 3G Capital

Shoemaker Skechers to be acquired for $9 billion and taken private by 3G Capital

Skechers is being acquired for $9 billion and taken private by the investment firm by 3G Capital. The board of Skechers unanimously approved the deal, the companies said Monday.
Tim Hortons partners with actor Ryan Reynolds on breakfast boxes

Tim Hortons partners with actor Ryan Reynolds on breakfast boxes

TORONTO — Tim Hortons is baking some star power into its breakfast menu. The café chain launched scrambled egg boxes with actor Ryan Reynolds on Monday.
Federal Reserve likely to defy Trump, keep rates unchanged this week

Federal Reserve likely to defy Trump, keep rates unchanged this week

WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Settlement hearing in bread class action A $500-million settlement in a pair of class-action lawsuits involving Loblaw Cos. Ltd.
Trump threatens 100% tariff on foreign-made films

Trump threatens 100% tariff on foreign-made films

NEW YORK (AP) — President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S.
The headwinds and potential ahead for Carney's economic ambitions

The headwinds and potential ahead for Carney's economic ambitions

Canada now knows who will lead the country as it confronts this nation-defining economic moment, but uncertainty is still the word of the year.
Elon Musk’s Starbase on its way to becoming a Texas city after lopsided early voting results

Elon Musk’s Starbase on its way to becoming a Texas city after lopsided early voting results

McALLEN, Texas (AP) — The South Texas home of Elon Musk’s SpaceX rocket company is on its way to becoming an official city with a galactic name: Starbase.
Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

Warren Buffett shocks shareholders by announcing his intention to retire at the end of the year

OMAHA, Neb.
Derelict ferry, Queen of Sidney, catches fire in Mission, B.C.

Derelict ferry, Queen of Sidney, catches fire in Mission, B.C.

A derelict ferry moored in British Columbia's Fraser River caught fire Saturday. A statement from the City of Mission says the fire onboard the Queen of Sidney ferry is largely under control but may continue to smoulder for the next couple of days.
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