Canada’s insistence that tomato juice be extracted from “sound, ripe, whole” tomatoes instead of paste -– a higher standard than in the U.S. -– has partially saved an H.J. Heinz Co. plant marked for closing by Warren Buffett’s private-equity partner.
Bank of Nova Scotia, Canada’s third- biggest lender by assets, said fiscal first-quarter profit rose 6.5 percent on higher earnings from wealth management and domestic consumer lending. The company increased its dividend 3.2 percent to 64 cents.
Canadian firms added more women to their boards in the last two years as they reacted to pressure from securities regulators and recognized the benefits of gender diversity, according to a report to be released today.