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Nearly a third of millennials “not at all knowledgeable” about RRSP savings: poll

OTTAWA Nearly a third of young Canadians admit they are “not at all knowledgeable” about retirement savings plans, according to a survey done for TD Bank.

The report also suggested that a large proportion of those aged 18 to 33 are uninformed about what registered retirement savings plans can and cannot be used for.

Shaw selling media division

CALGARY—Shaw Communications is selling its media division to Corus Entertainment for $2.65 billion—a deal that will help fund the telecom company’s purchase of Wind Mobile.

Shaw Media includes the Global Television network and 19 specialty channels, including HGTV Canada, Food Network Canada, and Showcase—formerly part of the Canwest business group before it was split up.

CPPIB enters joint venture to buy U.S. student housing properties for US$1.4B

TORONTO The Canada Pension Plan Investment Board has entered into a joint venture to purchase student housing properties in the United States for a total of US$1.4 billion.

The deal would see CPPIB and global investment firm GIC each own a 47.5 per cent stake in University House Communities Group.

A vegan revolution? Taste testing the next generation of fake meats, vegan mayonnaise

CONCORD, N.H. How far have vegan alternatives come to tasting like the real thing? Not far enough, according to a panel that tasted some options for The Associated Press.

“Noxious” and “kind of not natural” were among the reactions to some of the meatless alternatives being pushed by a new generation of vegan food makers that want to revolutionize the way Americans eat.

Inside the massive UPS sorting facility enabling online shoppers to spread Christmas cheer

LOUISVILLE, Ky. The humming is constant; a low-pitched drone from 155 miles of conveyer belts racing packages in every direction. Boxes shift from one belt to another and bump into a metal wall. Thud. Thud. Thud. In the background, trucks beep and jet engines roar.

Forget jingling bells and ho-ho-hos, these are now the sounds of the holidays.