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Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Dec 13, 2023
Page
9
Canada’s S&P/TSX composite fell 84.52 to 20 233.84 as energy and utilities lead losses while U S markets rise after a cooler inflation print. Oil slipped under 70 dollars, the loonie at 73 point five three U. S. cents, and investors eye the Federal Reserve rate decision.
Indigenous leaders say CN Rail and other companies must move beyond symbolic acts toward real economic reconciliation. They urge accountability, funding tools, board representation goals, and measurable actions to include Indigenous communities, with experts warning against lip service after CN's advisory council resignation.
Choice Hotels announces an all cash and stock offer valuing Wyndham Hotels at about 8 billion dollars. The bid lets Wyndham shareholders choose cash, stock, or a mix and follows Wyndham's rejection of prior negotiations.
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