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Microsoft buying speech recognition firm Nuance in $16B deal

Microsoft buying speech recognition firm Nuance in $16B deal

Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion.
Alberta legislature Speaker apologizes for condemning new COVID health restrictions

Alberta legislature Speaker apologizes for condemning new COVID health restrictions

EDMONTON — The Speaker of the Alberta legislature is apologizing for publicly condemning the government’s new COVID-19 health restrictions.
S&P/TSX composite falls as base metals and health-care drop, offset by financials

S&P/TSX composite falls as base metals and health-care drop, offset by financials

TORONTO — Canada's main stock index closed lower as weakness in base metals and cannabis companies offset gains in the financials and consumer discretionary sectors on Monday. The S&P/TSX composite index was down 26.75 points at 19,201.

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 (19,201.28, down 26.75 points.) Toronto-Dominion Bank (TSX:TD). Financials. Up 72 cents, or 0.87 per cent, to $83.60 on 13.
'The right thing to do:' Sobeys reinstates lockdown bonus for front-line workers

'The right thing to do:' Sobeys reinstates lockdown bonus for front-line workers

Canada's second-largest grocery retailer is reinstating a lockdown bonus for workers in areas with renewed stay-at-home orders, yet it's unclear whether competitors will follow suit. Sobeys Inc. said Monday the pay bump is "the right thing to do.
GreenFirst to buy six lumber mills and a newsprint mill from Rayonier for US$214M

GreenFirst to buy six lumber mills and a newsprint mill from Rayonier for US$214M

CALGARY — GreenFirst Forest Products Inc. says it has struck a deal to buy six lumber mills in Ontario and Quebec and a newsprint mill in Kapuskasing, Ont., for about US$214 million from subsidiaries of Rayonier Advanced Materials Inc.
Households expect return to pre-pandemic spending within a year, Bank of Canada says

Households expect return to pre-pandemic spending within a year, Bank of Canada says

OTTAWA — Canadian household spending will eclipse earnings in the coming months as vaccinations increase and uncertainty from the pandemic recedes, the Bank of Canada said in a report released Monday.
OSC study finds COVID-19 pandemic impacts retail investors unevenly

OSC study finds COVID-19 pandemic impacts retail investors unevenly

TORONTO — The COVID-19 pandemic is affecting retail investors differently, with most trying to endure the hardship and uncertainty, according to a study by Ontario's securities regulator.
Drivers wanted: Record demand at Uber as vaccinations rise

Drivers wanted: Record demand at Uber as vaccinations rise

Uber is offering sign-up bonuses and other incentives for drivers as it faces record demand for rides and meal delivery.
Canadian court rejects appeal by Google Canada in long-running patent case

Canadian court rejects appeal by Google Canada in long-running patent case

OTTAWA — The Federal Court of Appeal has dismissed an appeal brought by Google Canada, saying its request would only delay a trial about a patent case filed against the search engine company.