Finance & Capital Management

The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags for drugs over the next month. If deals are not reached, Kennedy will be tasked with developing a new rule that ties the price the U.S. pays for medications to lower prices paid by other countries.

The company plans to sell customer prescription files, inventory and other assets as it closes distribution centers and unloads store locations.

The company said Monday that its stores will remain open as it returns to Chapter 11 bankruptcy proceedings.

The risks are low in Canada, but bank failures can happen. ‘Stacking’ can protect you.

Tory Greg Nesbitt tabled a document that shows the Finance department recently signed a contract for $10,205 with a counselling services provider in Winnipeg. The provider advertises services including stress management, grief counselling and conflict resolution.

The nationwide drugstore chain must pay the government at least US$300 million and will owe another US$50 million if the company is sold, merged, or transferred before 2032, according to the settlement reached last Friday.

UHN president and CEO Kevin Smith said there is an opportunity to ‘supercharge’ the economy through investing in science and technology.

Health Minister Jeremy Cockrill told the legislative assembly Thursday he will look at the deal with LifeLabs once it’s up for renewal but that patient care comes first.