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by The Epoch Times

Canadian Buoy Drifts Across Atlantic, Washes up on Shore of Irish Island

Officials in northwestern Ireland say they’re working to recover a large Canadian buoy that floated across the Atlantic Ocean and washed up on a coastal island. A news release from Mayo County Council says the mariner marker, weighing in at roughly 3.5 tonnes, came ashore on Achill Island, known for its rugged mountains and bright sandy beaches. It says council was told by the Canadian Coast Guard that its buoys, while “very friendly,” have quite the habit of drifting far from home. The council is looking to recover the buoy so as to prevent it from floating away and becoming a hazard to vessels or coastal infrastructure.

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by The Epoch Times

Westons to Buy UK Pharmacy Chain Boots for US$8.9B

The family behind Canada’s biggest pharmacy and grocery chains is growing its empire with the acquisition of U.K. drugstore Boots. Weston family holding company Wittington Investments said Wednesday that it will purchase Boots for US$8.9 billion (C$12.7 billion), including debt, from private equity firm Sycamore Partners. Along with Boots’ retail operations in the U.K. and Ireland, Wittington will acquire its operations in Thailand, franchised businesses, its optical division and No7 Beauty Company. Toronto-based holding company Fairfax Financial Holdings Ltd. will partner with Wittington on the acquisition and after its closing, expected in the first quarter of 2027, Galen Weston will become Boots’ chairman. Wittington having operational control upon close...

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by The Epoch Times

Quebec’s Incoming Premier Explores Legal Options to Bar Lieutenant-Governor From Role

Quebec premier-designate Paul St-Pierre Plamondon has announced he is looking for legal avenues to block the province’s lieutenant-governor from participating in formal swearing-in ceremonies and the opening of the legislature. The Parti Québécois (PQ) leader pledged during his campaign to defund the office of Lieutenant Governor Manon Jeannotte and redirect the annual operating budget of [...]

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by The Epoch Times

Business Leaders Push for Capital Gains Tax Deferral to Retain Funds in Canadian Firms

More than 150 Canadian business leaders are calling on Ottawa to overhaul its tax framework to encourage greater investment in homegrown companies. Canadian entrepreneurs, corporate executives, financial backers, and trade groups have jointly petitioned Finance Minister François-Philippe Champagne to consider two policies they say will bolster domestic entrepreneurship and “create a cycle in which one Canadian success increases our capacity to produce the next.” “We believe two targeted tax changes can strengthen that cycle while complementing the government’s broader investment agenda,” the group said in an open letter to Champagne. The campaign, dubbed Bet on Canada, is led by the Canadian Venture Capital and Private Equity Association in partnership with the Council of Canadian Innovators....

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