The Weekend Business Panel on Stelco layoffs, the OSFI report, and the Weston family's Boots acquisition - CBC

The Canadian family that once owned Selfridges department store has bought the UK pharmacy and beauty retailer Boots for $8.9bn (£6.74bn). Wittington Investments, the holding company of the Weston family that controls the Loblaws grocery chain and Shoppers Drug Mart pharmacy outlets in Canada, will own Boots’ UK and Irish retail operations and opticians chain, the No7 beauty brand and a franchise arm in Thailand. The acquisition of the Nottingham-headquartered chain, which has 1,800 stores across the UK and employs 50,000 people, is also being backed by the investment firm Fairfax, which owns The Sporting Life Group and Sleep Country, Canada’s largest mattress retailer, which owns Simba Sleep in the UK. Galen Weston, the chair of Wittington, who is likely to become chair of Boots, said: “Boots is one of Britain’s most enduring businesses, with a rich heritage, a trusted name and a vital role in everyday life across the UK and Ireland.

BusinessThe Weston family holding company Wittington Investments said Wednesday that it will purchase the U. K. chain Boots for $8.9 billion US, including debt, from private equity firm Sycamore Partners. Boots is one of Britain's most prominent retailers. U. K pharmacy chain Boots is one of Britain's most prominent retailersTara Deschamps · The Canadian Press · Posted: Oct 07, 2026 10:40 AM EDT | Last Updated: October 7Listen to this articleEstimated 3 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A sign outside a Boots location is seen in London on May 16, 2011. The family behind Canada's biggest pharmacy and grocery chains is growing its empire with the acquisition of the U. K. drugstore. (Luke MacGregor/Reuters)The family behind Canada's biggest pharmacy and grocery chains is growing its empire with the acquisition of U. K. drugstore Boots.

TorontoPublished: October 17, 2026 at 2:31p.m. EDTThe next Lotto Max draw is on Tuesday, Oct. 20, 2026. The largest lottery prize ever offered in Canada is still up for grabs after there were no winners for Friday’s Lotto Max draw. The winning numbers were 01, 11, 13, 36, 41, 43, 51. The next draw for the $90 million Lotto Max will take place on Tuesday, Oct. 20. The jackpot is unchanged, as $90 million is the cap. While no one claimed the jackpot on Friday, the Ontario Lottery and Gaming Corporation said four Maxmillion tickets worth $1 million each were sold in Ontario. Fourteen other tickets won $100,000 each, including seven in the Greater Toronto Area. Tuesday’s draw will also feature 20 Maxmillions prizes worth $1 million each and at least 90 Maxplus prizes worth $100,000 each. How to set CP24 as your preferred source on GoogleHow to set CTV News as your preferred source on Google

AtlanticNova ScotiaNew BrunswickPrince Edward Island Newfoundland and LabradorCalgaryLethbridgeKitchenerGuelphNorthern OntarioSudburyNorth BaySault Ste. MarieTimminsOttawaKingstonBrockvillePembrokeReginaYorktonSaskatoonPrince AlbertTorontoWatchWeatherPeelHamiltonDurhamYorkHaltonNiagaraQueen's ParkToronto City HallIn PicturesVancouverVancouver IslandCanadaLocal SpotlightRoyal FamilyPoliticsNanosPower PlayQuestion PeriodFederal Election 2025WorldMideast ConflictRussia-Ukraine WarWatchLatestCaptured on CameraPoliticsLifestyleConsumerHealthExplainedEntertainmentTechnologyDeception DecodedAutosEnvironmentBusinessInflationReal EstateAutos

Browse this and many other websites without banner ads, personalized tracking and video ads. Mercedes-AMG is bringing its sports car DNA to the full-size electric SUV segment. The new GT SUV is officially here with up to 1,153 horsepower, a 0-60 mile-per-hour time of 2.4 seconds, and DC fast charging at up to 710 kilowatts.