National Business

TORONTO — Alternative asset management firm TPG has acquired a 75 per cent stake in two Greater Toronto Area industrial business parks from developer Oxford Properties Group for $1 billion.

NEW YORK (AP) — The promise of self-checkout was alluring: Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monotonous tasks themselves and retailers could save on labor costs.

CALGARY — The company building the Trans Mountain pipeline expansion has submitted evidence to support its claim that oil companies must pay more in tolls in light of the pipeline project's mounting costs.

LONDON (AP) — The attacks on commercial vessels in the Red Sea by Yemen's Houthi rebels have scared off some of the world's top shipping companies and oil giants, effectively rerouting global trade away from a crucial artery for consumer goods and en

MONTREAL — Gildan Activewear Inc. says its plan to replace co-founder Glenn Chamandy as chief executive was a multi-year, careful and deliberate process that included him when it was appropriate to do so.

A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 per cent increase year-over-year. The data released Friday by Rentals.

SMITHS FALLS, Ont. — Canopy Growth Corp. says it has sold its This Works skin care and wellness brand to a U.K. investment firm. The Smiths Falls, Ont.-based cannabis company says the deal with Inspirit Capital is valued at up to $15.9 million.

TORONTO — For roughly two decades, Canadians have been telling Tim Hortons something's missing from the company's menu: The dutchie.

TORONTO — Tim Hortons is considered part of the fabric of Canada, but long before the chain became synonymous with the country, it had humble beginnings as a coffee and doughnut shop.

TORONTO — It’s getting harder for companies to hide their dirty secrets.