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Bell would have too much control over content and the potential to negatively affect consumers and competitors if it's allowed to buy Astral Media, Telus Corp. said Thursday.

Vero Energy Inc. is joining with privately held Torc Oil and Gas Ltd. to create a new light-oil-focused company. The combined company, dubbed New Tord, will be led by Torc's existing management team.

Long-term impact good for Canada

The Walt Disney Co.'s chief financial officer says the company's TV advertising revenue did not rebound as expected after last month's conclusion of the popular London Olympics that were aired on rival NBC.

Manitoba Telecom Services is launching a strategic review of its Allstream business division, opening up the possibility of a sale.

The Toronto stock market closed higher after the U.S. Federal Reserve delivered on expectations for more help keeping the fragile economic recovery going. The S&P/TSX composite index jumped 127.54 points to 12,360.16 after the U.S.

The 91原创 Auto Workers may target more than one of the three big U.S. automakers with strikes if negotiations in which the union has proposed key concessions fail.

Clothing retailer's move north has been in works for years

Statistics Canada says the market value of employer-sponsored, trusteed pension funds was $1.1 trillion at the end of the first quarter, up 4.1 per cent from the previous quarter.

Saskatchewanbased Big Sky Farms, the second-largest hog producer in Canada, is filing for bankruptcy. Big Sky CEO Casey Smit says the pork industry has been facing some hard times due to a major drought in the United States.