Livent shelves plans for new theatre

Article Abstract:

Livent Inc., a Toronto, Ontario-based production company, is believed to have cancelled plans to build a 1,400-seat theater in downtown Toronto, following an assessment of the economic feasibility of the project by its new owners. The company originally planned to build a complex that would comprise theater, hotel and condominium units at a cost of approximately C$25 million. The development, which was to be named AT&T Centre, was scheduled to be completed in early 2000. However, real estate insiders noted the construction of the four-star Wyndham hotel and the luxury condominiums will be pushed through.

Comment:

Is believed to have cancelled plans to build 1,400-seat theater in downtown Toronto, Ontario

Motion Picture Theaters (except Drive-Ins), Movie Theaters ex Drive-In, Movie theaters, Livent Inc.

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Empire Co. reports strong financial results

Article Abstract:

Empire Co. Ltd., a supermarket chain headquartered in Stellarton, Nova Scotia, has generated C$3.32 billion in revenues in its fiscal 1998. The firm, which likewise posted a nearly 11% improvement in operating profits, managed to further enhance its profits before capital gains to C$17.4 million in the first quarter of its fiscal 1999. The retail company attributes its creditable financial performance to the strong showing of its various units, which include Sobeys Inc., Wajax as well as Hannaford Bros.

Comment:

Generates C$3.32 billion in revenues in its fiscal 1998

Sales, profits & dividends, Nova Scotia, Empire Company Ltd.

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Sobeys workers ratify new deal

Article Abstract:

Sobeys Inc. workers at its Whitby, Ontario, Canada warehouse have ended their five-week strike. The employees approved a deal on a new labor contract with the grocery store chain.

Grocery stores, Personnel administration, Strikes, Labor relations, Buildings and facilities, Sobeys Inc., Whitby, Canada

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