Advertisement
Canada markets close in 57 minutes

  • S&P/TSX

    20,349.30
    +70.79 (+0.35%)
     

  • S&P 500

    4,605.01
    +19.42 (+0.42%)
     

  • DOW

    36,263.17
    +145.79 (+0.40%)
     

  • CAD/USD

    0.7361
    +0.0006 (+0.09%)
     

  • CRUDE OIL

    71.28
    +1.94 (+2.80%)
     

  • Bitcoin CAD

    59,771.67
    +1,020.07 (+1.74%)
     

  • CMC Crypto 200

    907.85
    +11.14 (+1.24%)
     

  • GOLD FUTURES

    2,016.40
    -30.00 (-1.47%)
     

  • RUSSELL 2000

    1,880.03
    +11.78 (+0.63%)
     

  • 10-Yr Bond

    4.2430
    +0.1140 (+2.76%)
     

  • NASDAQ

    14,405.93
    +65.93 (+0.46%)
     

  • VOLATILITY

    12.52
    -0.54 (-4.13%)
     

  • FTSE

    7,554.47
    +40.75 (+0.54%)
     

  • NIKKEI 225

    32,307.86
    -550.45 (-1.68%)
     

  • CAD/EUR

    0.6839
    +0.0030 (+0.44%)
     
MARKETS LIVE BLOG:

STOCKS SHED LOSSES AFTER U.S. JOBS REPORT

Construction hiring misses expectations in November

Federal government to review Viterra-Bunge deal: transport minister

The Canadian Press
·1 min read

OTTAWA — The federal government says it's launching a review of the proposed acquisition of Viterra Ltd. by Bunge Ltd.

Viterra is a grain-handling company owned by Swiss commodities giant Glencore, the Canada Pension Plan Investment Board and B.C. Investment Management Corp.

Missouri-based Bunge is the world's largest oilseeds processing company, operating in more than 40 countries worldwide.

The US$8.2-billion deal was announced in June.

Transport Minister Pablo Rodriguez says in a statement that both companies hold ownership interests in port terminals throughout Canada.

He says healthy competition is needed in the transportation sector to ensure fair pricing and access, especially for farmers.

This report by The Canadian Press was first published Sept. 26, 2023.

The Canadian Press